S.131: A bill to specifically exclude certain programs from provisions of the Electronic Funds Transfer Act.

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about law
  • Introduced Jan. 4, 1995
  • Latest Major Action Jan. 4, 1995

Bill Summary

Amends the Electronic Fund Transfer Act to prohibit the Board of Governors of the Federal Reserve System from applying to electronic benefit transfers established under a State or local governmental entitlement program certain disclosures, protections, responsibilities, and remedies (including, in effect, the liability limits currently applicable to private sector ATM and consumer credit cards), unless the payment under such program is made...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Banking.
Jan. 4, 1995

Introduced in the Senate by Joseph I. Lieberman (I-Conn.)

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