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- H.R.4253
H.R.4253: Wire Transfer Equity Act of 1998
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about finance and financial sector
- Introduced July 16, 1998
- Latest Major Action Aug. 5, 1998
Bill Sponsor
Bill Summary
Wire Transfer Equity Act of 1998 - Amends the Electronic Funds Transfer Act with respect to the exchange rate a financial institution or money transmitting business uses for the currency of the country to which a transfer is made on behalf of a consumer. Prohibits such rate from exceeding by more than five percent the New York foreign exchange selling rate for such currency, as published in the Wall Street Journal on the last business day...
(Source: Library of Congress)
Bill Actions
Date | Description |
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Referred to the House Committee on Banking and Financial Services.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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July 16, 1998 |
Introduced in the House by Luis V. Gutiérrez (D-Ill.) |