Requiring that check cashing at the Sergeant at Arms Bank of the House of Representatives be carried out in accordance with standard banking practices.

Summary

Directs the Sergeant at Arms of the House of Representatives, after consultation with the Speaker of the House and the Comptroller General, to establish procedures to assure that check cashing at the Sergeant at Arms Bank is conducted in a manner consistent with standard banking practices. Requires such procedures to: (1) provide for overdraft protection, suspension or termination of check privileges, or other means of protection against returned checks; and (2) be strictly and uniformly applied to all users with public disclosure. Requires a report to the Speaker by January 3, 1992, on carrying out this Act.

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2 official files

• Introduced in House (text)

  Introduced in House · EN

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• Introduced in House

  summary · EN · 23 September 1991

  Open at official source

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