Payments Modernization Act of 2019

United States116th CongressS-2243Senate
Updated: Jul 30, 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 (Senate)View official text

1 version available

All available records shown.

Timeline

Latest companion bill action

HR-3951: Payments Modernization Act of 2019

Referred to the House Committee on Financial Services.

  1. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Senate

  2. Introduced in Senate

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

    Senate

All available records shown.