An amendment to replace the Availability Schedules mandated in the bill with the requirement that all depository institutions disclose their hold periods to their customers. It directs the Federal Reserve to publish within 18 months after the bill's enactment a regulation to improve the check clearing system which would then go into effect within 36 months after enactment.

failedUnited States· United States Congress· EN

Introduced

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Last action

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Status

Amendment Failed of Passage in Committee of Whole by Recorded Vote: 80 - 211 (Record Vote No: 7).

Records

Official amendment HAMDT 719 (99th) from United States at United States Congress. Status: Amendment Failed of Passage in Committee of Whole by Recorded Vote: 80 - 211 (Record Vote No: 7)..

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Related records

amends → Federal Savings and Loan Insurance Corporation and Financial Regulations Act

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.

Official source: https://www.congress.gov/amendment/99th-congress/hamdt-719
Open data entity: https://api.congress.gov/v3/amendment/99/hamdt/719
us · 99-hamdt-719 · source updated 30 June 2021