HR 6306 · 116th Congress · Finance and Financial Sector

Immediate Funds Availability Act of 2020

Introduced 2020-03-19· Sponsored by Rep. Hill, J. French [R-AR-2]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2020-03-19)

Plain Language Summary

[AI summary unavailable — showing source text] Immediate Funds Availability Act of 2020 This bill temporarily requires depository institutions located in a state with a public health emergency to immediately make available for withdrawal certain deposited funds. Specifically, the first $1,500 of a deposit must be made available in real time. This requirement expires three years after enactment.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (1)

1 Democrat
Rep. Foster, Bill [D-IL-11]IL