HR 2386
106th Congress
House
Finance and Financial Sector
Checking accounts
Checks
Commerce
Fees
Fairness for Check Cashers Act
Introduced: June 29, 1999
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 10, 2000
Committee on Energy and Natural Resources. Ordered to be reported without amendment favorably.
Jul 15, 1999
Referred to the Subcommittee on Financial Institutions and Consumer Credit.
Jun 29, 1999
Referred to the House Committee on Banking and Financial Services.
Jun 29, 1999
Introduced in House
Plain-English summary
Fairness For Check Cashers Act - Amends the Expedited Funds Availability Act to prohibit an originating depository institution from imposing any fee in connection with handling or returning any check drawn on an account at such institution, or otherwise suspending payment, or delaying settlement for it due to insufficient funds, other than a fee imposed directly on such account regarding that check.
Prohibits a receiving depository institution from imposing any fee in connection with handling such a check, or any chargeback of any provisional settlement of it, due to dishonorment.
What's happening now
Committee on Energy and Natural Resources. Ordered to be reported without amendment favorably.
Cosponsors
1