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- H.R.1660
H.R.1660: Faster Access and Shorter Transaction Time for Checks Act of 2011
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about finance and financial sector
- Introduced April 15, 2011
- Latest Major Action May 2, 2011
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Summary
Faster Access and Shorter Transaction Time for Checks Act of 2011 or FASTT Checks Act - Amends the Expedited Funds Availability Act to provide for faster access to funds deposited in a receiving depository institution by doubling the amounts available for withdrawal at specified earliest times after deposit. Revises the next business day availability requirement for cash deposited in a new depositor account. Eliminates the exception from this...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
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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| April 15, 2011 |
Introduced in the House by Niki Tsongas (D-Mass.) |