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United States · Bill · HR

H.R. 6871 (110th)

Expedited Funds Availability Dollar Limits Adjustment Act of 2008

openUnited States· United States Congress· EN

Introduced

11 September 2008

Last action

Status

Placed on the Union Calendar, Calendar No. 592.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Expedited Funds Availability Dollar Limits Adjustment Act of 2008 - Amends the Expedited Funds Availability Act to increase: (1) from $100 to $175 the amount of a federal, state, or local government check that is available for next business day withdrawal; and (2) from $400 to $700 the maximum cash amount of non-government checks available for 5 p.m. withdrawal. Directs the Board of Governors of the Federal Reserve System to make cost-of-living adjustments to such amounts every five years.

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Documents

6 official files

Reported in House (text)

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