Legis Daily

Payments Modernization Act of 2019

USA116th CongressHR-3951| House 
| Updated: 7/24/2019
Ayanna Pressley

Ayanna Pressley

Democratic Representative

Massachusetts

Cosponsors (7)
Emanuel Cleaver (Democratic)Carolyn B. Maloney (Democratic)Stephen F. Lynch (Democratic)Gregory W. Meeks (Democratic)Cynthia Axne (Democratic)Jesús G. "Chuy" García (Democratic)Rashida Tlaib (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
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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Timeline
Jul 24, 2019
Introduced in House
Jul 24, 2019
Referred to the House Committee on Financial Services.
Jul 30, 2019

Latest Companion Bill Action

S 116-2243
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-104.
  • July 24, 2019
    Introduced in House


  • July 24, 2019
    Referred to the House Committee on Financial Services.


  • July 30, 2019

    Latest Companion Bill Action

    S 116-2243
    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-104.

Finance and Financial Sector

Related Bills

  • S 116-2243: Payments Modernization Act of 2019
Banking and financial institutions regulationConsumer affairsFederal Reserve SystemFinancial services and investmentsPublic utilities and utility rates

Payments Modernization Act of 2019

USA116th CongressHR-3951| House 
| Updated: 7/24/2019
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.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 24, 2019
Introduced in House
Jul 24, 2019
Referred to the House Committee on Financial Services.
Jul 30, 2019

Latest Companion Bill Action

S 116-2243
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-104.
  • July 24, 2019
    Introduced in House


  • July 24, 2019
    Referred to the House Committee on Financial Services.


  • July 30, 2019

    Latest Companion Bill Action

    S 116-2243
    Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-104.
Ayanna Pressley

Ayanna Pressley

Democratic Representative

Massachusetts

Cosponsors (7)
Emanuel Cleaver (Democratic)Carolyn B. Maloney (Democratic)Stephen F. Lynch (Democratic)Gregory W. Meeks (Democratic)Cynthia Axne (Democratic)Jesús G. "Chuy" García (Democratic)Rashida Tlaib (Democratic)

Financial Services Committee

Finance and Financial Sector

Related Bills

  • S 116-2243: Payments Modernization Act of 2019
  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Banking and financial institutions regulationConsumer affairsFederal Reserve SystemFinancial services and investmentsPublic utilities and utility rates