HR 8974 United States House · 117th Congress

Payments Modernization Act of 2022

Summary
Payments Modernization Act of 2022 This bill requires the Federal Reserve Board to create a real-time payment system that allows funds to be available to any end user immediately at any time, including funds deposited at a depository institution.
Bill status in committee 1 of 4 stages cleared
Introduction
Sep 2022
Committee Review
Floor Vote
President
Introduced Sep 22, 2022 Last action Sep 22, 2022
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Sep 22, 2022
Committee
Referred to the House Committee on Financial Services.
lower
Sep 22, 2022
Introduced
Introduced in House
lower
1 primary · 1 co-sponsor

Sponsors