HR 6871
110th Congress
House
Finance and Financial Sector
Bank accounts, deposits, capital
Banking and financial institutions regulation
Inflation and prices
Expedited Funds Availability Dollar Limits Adjustment Act of 2008
Introduced: September 11, 2008
See on congress.gov
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
Plain-English summary
(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.
What's happening now
Placed on the Union Calendar, Calendar No. 592.
Committees of jurisdiction
1
Cosponsors
1