HR 3951 · 116th Congress · Finance and Financial Sector
Payments Modernization Act of 2019
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2019-07-24)
Plain Language Summary
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Payments Modernization Act of 2019 This bill requires the Federal Reserve Board to create a real-time payment system that allows funds to be available to any end user in real time, including funds deposited at a depository institution.…
Summarized by Claude AI · Non-partisan · For informational purposes only