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United States · Bill · HR

H.R. 1497 (117th)

To amend the Expedited Funds Availability Act to require funds deposited by check from the Federal Government to be made available immediately.

referredUnited States· United States Congress· EN

Introduced

2 March 2021

Last action

Status

Referred to the House Committee on Financial Services.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

This bill requires a depository institution to make funds from a government check available immediately for withdrawal. Currently, these funds must be made available the next business day after deposit.

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Versions

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Documents

3 official files

Introduced in House (text)

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Sources

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