Bill
Bill > HR385
US HR385
US HR385To amend the Expedited Funds Availability Act to clarify the application of that Act to American Samoa and the Northern Mariana Islands.
summary
Introduced
01/09/2017
01/09/2017
In Committee
01/09/2017
01/09/2017
Crossed Over
Passed
Dead
12/31/2018
12/31/2018
Introduced Session
115th Congress
Bill Summary
To amend the Expedited Funds Availability Act to clarify the application of that Act to American Samoa and the Northern Mariana Islands. This bill amends the Expedited Funds Availability Act to apply the Act, which governs bank deposit holds, to American Samoa and the Commonwealth of the Northern Mariana Islands. The Act's one-day extension for certain deposits in noncontiguous states or territories shall apply to both American Samoa and the Commonwealth of the Northern Mariana Islands.
AI Summary
This bill amends the Expedited Funds Availability Act (a law that governs bank deposit holds) to apply it to American Samoa and the Commonwealth of the Northern Mariana Islands. Specifically, it adds these territories to the definitions of "ATM", "State", and "United States", and extends the Act's one-day hold extension for certain deposits in noncontiguous states or territories to apply to both American Samoa and the Northern Mariana Islands. The amendments made by this bill would take effect as if enacted on January 1, 2017.
Committee Categories
Business and Industry
Sponsors (2)
Last Action
Referred to the House Committee on Financial Services. (on 01/09/2017)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/115th-congress/house-bill/385/all-info |
| BillText | https://www.congress.gov/115/bills/hr385/BILLS-115hr385ih.pdf |
| Bill | https://www.congress.gov/115/bills/hr385/BILLS-115hr385ih.pdf.pdf |
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