HR 1497 United States House · 117th Congress

To amend the Expedited Funds Availability Act to require funds deposited by check from the Federal Government to be made available immediately.

Summary
This bill requires a depository institution to make funds from a government check available immediately for withdrawal. Currently, these funds must be made available the next business day after deposit.
Bill status in committee 1 of 4 stages cleared
Introduction
Mar 2021
Committee Review
Floor Vote
President
Introduced Mar 2, 2021 Last action Mar 2, 2021
Floor votes

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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Mar 2, 2021
Committee
Referred to the House Committee on Financial Services.
lower
Mar 2, 2021
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors

Sponsors

Role
Legislator
Party
State
District
P
Photo of Bill Foster
Bill Foster
DDemocratic
IL
11