Payments Modernization Act of 2019

United States116th CongressHR-3951House of Representatives
Updated: Jul 24, 2019

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.

Bill texts

Available versions
Introduced (House)View official text

1 version available

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Timeline

Latest companion bill action

S-2243: Payments Modernization Act of 2019

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

  1. Introduced in House

  2. Referred to the House Committee on Financial Services.

    House of Representatives

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