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H.R. 1095 104th Congress House

Check Cashing Act of 1995

Official title: To establish a State system of licensing or registering persons engaged in a business which regularly and primarily charges fees for cashing checks, and to pro… Show full official titleShow less

Official title: To establish a State system of licensing or registering persons engaged in a business which regularly and primarily charges fees for cashing checks, and to provide for insured financial depository institutions to cash checks issued by States of the United States.

Introduced: March 1, 1995 Introduced by: Cleo Fields Democratic · Louisiana See on congress.gov
Finance and Financial Sector Administrative procedureAid to dependent childrenCapitalChecks
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CommerceCommunity development bankingCongressCongressional investigationsCongressional reporting requirementsConsumer educationCredit unionsCrime and Law EnforcementData banksDebit cardsEconomics and Public FinanceFamiliesFederal Trade CommissionFederal aid programsFeesFines (Penalties)Government Operations and PoliticsGovernment paperworkIndependent regulatory commissionsLawLicensesPublic assistance programsScience, Technology, CommunicationsSocial WelfareState lawsSurety and fidelity
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This bill died when the 104th Congress ended
It never became law before the 104th Congress (1995–1996) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 10, 1995
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Mar 1, 1995
Sponsor introductory remarks on measure. (CR H2402)
Mar 1, 1995
Introduced in House
Mar 1, 1995
Referred to the House Committee on Banking and Financial Services.
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 Latest action March 10, 1995

Referred to the Subcommittee on Financial Institutions and Consumer Credit.

 Plain-English summary Congressional Research Service

Check Cashing Act of 1995 - Requires any person other than a depository institution to obtain a State license or registration as a prerequisite to conducting a check cashing business.

Prescribes guidelines under which the Federal Trade Commission may approve a State check cashing business licensing or registration system.

Cites circumstances under which an insured depository institution or (with respect to its members) credit union may not refuse to cash a government check presented by a payee.

Declares that the National Credit Union Administration Board may not prohibit any federally chartered (community development) credit union from dispensing benefits under a Federal or State assistance program that are authorized to be dispensed by a check cashing service.

Directs the Comptroller General to study and report to the Congress on: (1) the effectiveness of the dispensation of benefits under Federal and State assistance programs through federally chartered credit unions; and (2) the effects of requiring the use of a debit card system for making all federal benefit payments, as well as other innovative ways to upgrade current methods by which the Federal Government delivers benefit payment checks.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 1095: Check Cashing Act of 1995. 104th Congress. Open America. https://openamerica.io/bill/104-HR-1095/
MLA
"H.R. 1095: Check Cashing Act of 1995." 104th Congress, 2026, Open America, https://openamerica.io/bill/104-HR-1095/.
Bluebook (legal)
H.R. 1095, 104th Cong. (2026), https://openamerica.io/bill/104-HR-1095/.
Markdown link
[H.R. 1095: Check Cashing Act of 1995](https://openamerica.io/bill/104-HR-1095/)
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