HR 3951 · 116th Congress · Finance and Financial Sector

Payments Modernization Act of 2019

Introduced 2019-07-24· Sponsored by Rep. Pressley, Ayanna [D-MA-7]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2019-07-24)

Plain Language Summary

[AI summary unavailable — showing source text] 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

Cosponsors (7)

7 Democrats