HR 3617
115th Congress
House
Government Operations and Politics
Bank accounts, deposits, capital
Executive agency funding and structure
Financial services and investments
Postal service
U.S. Postal Service
POSTAL Act of 2017
Introduced: July 28, 2017
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 28, 2017
Introduced in House
Jul 28, 2017
Referred to the House Committee on Oversight and Government Reform.
Plain-English summary
Providing Opportunities for Savings, Transactions, and Lending Act of 2017 or the POSTAL Act of 2017
This bill expands the specific powers of the U.S. Postal Service (USPS) to include the provision of basic financial services, including: (1) small-dollar loans; (2) checking accounts, interest-bearing savings accounts, and services relating to international money transfers, each of which may be provided by the USPS alone or in partnership with depository institutions and credit unions; (3) other basic financial services as appropriate in the public interest; and (4) the creation of a Postal Card that allows users to engage in such financial services.
What's happening now
Referred to the House Committee on Oversight and Government Reform.
Committees of jurisdiction
1