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HR 6871 110th Congress House

Expedited Funds Availability Dollar Limits Adjustment Act of 2008

Official title: To amend the Expedited Funds Availability Act to provide a 1-time adjustment in certain dollar amounts to account for inflation over the 21 years since the ena… Show full official titleShow less

Official title: To amend the Expedited Funds Availability Act to provide a 1-time adjustment in certain dollar amounts to account for inflation over the 21 years since the enactment of such Act, to provide for future adjustments of such amounts on a regular basis, and for other purposes.

Introduced: September 17, 2008 See on congress.gov
Finance and Financial Sector Bank accounts, deposits, capitalBanking and financial institutions regulationInflation and prices
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This bill died when the 110th Congress ended
It never became law before the 110th Congress (2007–2008) 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 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 9, 2008
Placed on the Union Calendar, Calendar No. 592.
Dec 9, 2008
Reported by the Committee on Financial Services. H. Rept. 110-917.
Sep 16, 2008
Ordered to be Reported by Voice Vote.
Sep 16, 2008
Committee Consideration and Mark-up Session Held.
Sep 11, 2008
Referred to the House Committee on Financial Services.
Sep 11, 2008
Sponsor introductory remarks on measure. (CR E1772)
Sep 11, 2008
Introduced in House
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 Latest action December 9, 2008

Placed on the Union Calendar, Calendar No. 592.

 Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Expedited Funds Availability Dollar Limits Adjustment Act of 2008 - Amends the Expedited Funds Availability Act to increase: (1) from $100 to $175 the amount of a federal, state, or local government check that is available for next business day withdrawal; and (2) from $400 to $700 the maximum cash amount of non-government checks available for 5 p.m. withdrawal.

Directs the Board of Governors of the Federal Reserve System to make cost-of-living adjustments to such amounts every five years.

 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Sherman, Brad
California · Sep 17, 2008
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6871: Expedited Funds Availability Dollar Limits Adjustment Act of 2008. 110th Congress. Open America. https://openamerica.io/bill/110-HR-6871/
MLA
"H.R. 6871: Expedited Funds Availability Dollar Limits Adjustment Act of 2008." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-6871/.
Bluebook (legal)
H.R. 6871, 110th Cong. (2026), https://openamerica.io/bill/110-HR-6871/.
Markdown link
[H.R. 6871: Expedited Funds Availability Dollar Limits Adjustment Act of 2008](https://openamerica.io/bill/110-HR-6871/)
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