PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 8974 (117th)

Payments Modernization Act of 2022

referredUnited States· United States Congress· EN

Introduced

22 September 2022

Last action

22 September 2022 · Introduced

Status

Referred to the House Committee on Financial Services.

Sponsors

Rep. Pressley, Ayanna [D-MA-7], Jesús García

Subjects

Discovery layer

Source updated

5 December 2025

Summary

Payments Modernization Act of 2022 This bill requires the Federal Reserve Board to create a real-time payment system that allows funds to be available to any end user immediately at any time, including funds deposited at a depository institution.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 22 September 2022

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 22 September 2022

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 22 September 2022

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

Related records

Sources

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