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- H.R.5414
H.R.5414: Check Clearing for the 21st Century Act
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about law
- Introduced Sept. 19, 2002
- Latest Major Action Sept. 25, 2002
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
22 (10 Democrats, 13 Republicans)
Bill Summary
Check Clearing for the 21st Century Act - Sets forth a statutory framework under which a substitute check is the legal equivalent of an original check for all purposes, if the substitute check: (1) accurately represents all of the information on the front and back of the original check as of the time the original check was truncated; and (2) bears the legend: "This is a legal copy of your check. You can use it the same way you would use the...
(Source: Library of Congress)
Bill Actions
| Date | Description |
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Financial Institutions and Consumer Credit.
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Subcommittee Hearings Held.
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| Sept. 19, 2002 |
Introduced in the House by Michael Ferguson (R-N.J.) |