HR 6306
116th Congress
House
Finance and Financial Sector
Bank accounts, deposits, capital
Banking and financial institutions regulation
Emergency medical services and trauma care
Federal Reserve System
State and local government operations
Immediate Funds Availability Act of 2020
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 19, 2020
Referred to the House Committee on Financial Services.
Mar 19, 2020
Introduced in House
Plain-English summary
Immediate Funds Availability Act of 2020
This bill temporarily requires depository institutions located in a state with a public health emergency to immediately make available for withdrawal certain deposited funds. Specifically, the first $1,500 of a deposit must be made available in real time. This requirement expires three years after enactment.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1
Cosponsors
1