H.R. 9331 119th Congress House

STOP Payments Fraud Act of 2026

Official title: To amend the Expedited Funds Availability Act to provide exceptions in the case of fraudulent checks or wire transfers, and for other purposes.

Introduced: June 18, 2026 Introduced by: Young Kim Republican · California See on congress.gov

Finance and Financial Sector Bank accounts, deposits, capitalBanking and financial institutions regulationFraud offenses and financial crimesUser charges and fees

Everywhere this bill has been 6 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Sep 1, 2026

Placed on the Union Calendar, Calendar No. 692.

Sep 1, 2026

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-792.

Jun 30, 2026

Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.

Jun 30, 2026

Committee Consideration and Mark-up Session Held

Jun 18, 2026

Introduced in House

Jun 18, 2026

Referred to the House Committee on Financial Services.

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What's happening now September 1, 2026

Placed on the Union Calendar, Calendar No. 692.

Plain-English summary Congressional Research Service

Strengthening Transaction Oversight and Preventing Payments Fraud Act of 2026 or the STOP Payments Fraud Act of 2026

This bill establishes additional grounds for banks to pause the processing of deposited checks and wire transfers. Under current law, banks are generally required to make deposited funds available in one to two business days, depending on the type of deposit and with limited exceptions.

Under the bill, receiving banks are allowed to delay the processing of checks or wire transfers that they reasonably suspect are fraudulent. The bill allows for an initial hold that is not to exceed 10 days and an extended hold that is not to exceed 45 days. If an account is overdrawn due to a hold on a wire transfer and the depositor did not receive written notice, no overdraft fees may be applied.

The bill allows the Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) to determine when to apply safeguards to accounts determined to be at greater risk of fraud. Such safeguards must not apply for more than 60 days for each occurrence.

These changes take effect 60 days after the issuance of implementing rules, which must be issued within one year of the bill's enactment.

The bill also requires (1) the board and CFPB to determine whether to remove Treasury checks and cashier’s checks from expedited classification due to material losses from fraud, and (2) the Government Accountability Office to report on issues relating to the availability of funds and fraud protection.

Hearings & markups 1

Various Measures
Markup Jun 30, 2026 · 10:00 AM EDT · Financial Services Committee

Bill text 2 versions

Introduced in House Formatted Text PDF Formatted XML
Reported in House Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 1

Financial Services Committee
House of Representatives

Lobbying activity 13

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

GOWEST CREDIT UNION ASSOCIATION
for GOWEST CREDIT UNION ASSOCIATION · Washington · 3rd Quarter 2026 (July 1 - Sep 30)
AMERICAN BANKERS ASSOCIATION
for AMERICAN BANKERS ASSOCIATION · District of Columbia · 3rd Quarter 2026 (July 1 - Sep 30)
AMERICAN FINTECH COUNCIL
for AMERICAN FINTECH COUNCIL · District of Columbia · 3rd Quarter 2026 (July 1 - Sep 30)
INDEPENDENT COMMUNITY BANKERS OF AMERICA
for INDEPENDENT COMMUNITY BANKERS OF AMERICA · District of Columbia · 3rd Quarter 2026 (July 1 - Sep 30)
INDEPENDENT BANKERS ASSOCIATION OF TEXAS
for INDEPENDENT BANKERS ASSOCIATION OF TEXAS · Texas · 3rd Quarter 2026 (July 1 - Sep 30)
AMERICAS CREDIT UNIONS, FKA CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICAS CREDIT UNIONS
for AMERICAS CREDIT UNIONS, FKA CREDIT UNION NATIONAL ASSOCIATION, INC. DBA AMERICA · District of Columbia · 3rd Quarter 2026 (July 1 - Sep 30)

Bodies those filers lobbied

HOUSE OF REPRESENTATIVES
13 filings
SENATE
13 filings
Federal Reserve System
7 filings
Treasury, Dept of
6 filings
Federal Deposit Insurance Corporation (FDIC)
5 filings
Consumer Financial Protection Bureau (CFPB)
4 filings
Executive Office of the President (EOP)
4 filings
Federal Housing Finance Agency (FHFA)
4 filings

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

See all 13 filings →

Cosponsors 3

New York · Jun 29, 2026

Cite this page click to expand

APA

U.S. Congress. (2026). H.R. 9331: STOP Payments Fraud Act of 2026. 119th Congress. Open America. https://openamerica.io/bill/119-HR-9331/

MLA

"H.R. 9331: STOP Payments Fraud Act of 2026." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-9331/.

Bluebook (legal)

H.R. 9331, 119th Cong. (2026), https://openamerica.io/bill/119-HR-9331/.

Markdown link

[H.R. 9331: STOP Payments Fraud Act of 2026](https://openamerica.io/bill/119-HR-9331/)