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Immediate Funds Availability Act of 2020

USA116th CongressHR-6306| House 
| Updated: 3/19/2020
J. French Hill

J. French Hill

Republican Representative

Arkansas

Cosponsors (1)
Bill Foster (Democratic)

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Immediate Funds Availability Act of 2020 This bill temporarily requires depository institutions located in a state with a public health emergency to immediately make available for withdrawal certain deposited funds. Specifically, the first $1,500 of a deposit must be made available in real time. This requirement expires three years after enactment.
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Timeline
Mar 19, 2020
Introduced in House
Mar 19, 2020
Referred to the House Committee on Financial Services.
  • March 19, 2020
    Introduced in House


  • March 19, 2020
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Bank accounts, deposits, capitalBanking and financial institutions regulationEmergency medical services and trauma careFederal Reserve SystemState and local government operations

Immediate Funds Availability Act of 2020

USA116th CongressHR-6306| House 
| Updated: 3/19/2020
Immediate Funds Availability Act of 2020 This bill temporarily requires depository institutions located in a state with a public health emergency to immediately make available for withdrawal certain deposited funds. Specifically, the first $1,500 of a deposit must be made available in real time. This requirement expires three years after enactment.
View Full Text

Suggested Questions

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

Timeline
Mar 19, 2020
Introduced in House
Mar 19, 2020
Referred to the House Committee on Financial Services.
  • March 19, 2020
    Introduced in House


  • March 19, 2020
    Referred to the House Committee on Financial Services.
J. French Hill

J. French Hill

Republican Representative

Arkansas

Cosponsors (1)
Bill Foster (Democratic)

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Bank accounts, deposits, capitalBanking and financial institutions regulationEmergency medical services and trauma careFederal Reserve SystemState and local government operations