HR 3633 · 99th Congress · Finance and Financial Sector

Expedited United States Treasury Check Clearing Act

Introduced 1985-10-28· Sponsored by Rep. DioGuardi, Joseph J. [R-NY-20]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1985-10-28)

Plain Language Summary

[AI summary unavailable — showing source text] Expedited United States Treasury Check Clearing Act - Requires funds deposited in an account at a depository institution by a check drawn on the Treasury to be available for withdrawal on the next business day if: (1) the check is endorsed only by the person to whom it was issued; and (2) the check is deposited into such person's account at the branch where the account was established.…

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