Payments Modernization Act of 2019
USA116th CongressS-2243| Senate
| Updated: 7/30/2019
Chris Van Hollen
Democratic Senator
Maryland
Cosponsors (1)
Banking, Housing, and Urban Affairs 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
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-104.
Commerce
Banking and financial institutions regulationConsumer affairsFederal Reserve SystemFinancial services and investmentsPublic utilities and utility rates
Payments Modernization Act of 2019
USA116th CongressS-2243| Senate
| Updated: 7/30/2019
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 TextSuggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-104.
Chris Van Hollen
Democratic Senator
Maryland
Cosponsors (1)
Banking, Housing, and Urban Affairs Committee
Commerce
Related Bills
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Banking and financial institutions regulationConsumer affairsFederal Reserve SystemFinancial services and investmentsPublic utilities and utility rates