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United States · Bill · S

S. 2243 (116th)

Payments Modernization Act of 2019

openUnited States· United States Congress· EN

Introduced

24 July 2019

Last action

Status

Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-104.

Sponsors

Subjects

Discovery layer

Source updated

2 April 2025

Summary

Payments Modernization Act of 2019 This bill requires the Federal Reserve Board to create a real-time payment system that allows funds to be available to any end user in real time, including funds deposited at a depository institution.

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Documents

3 official files

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Sources

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