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- H.R.3951
H.R.3951: Payments Modernization Act of 2019
About This Bill
- This bill was introduced in the 116th Congress
- This bill is primarily about finance and financial sector
- Introduced July 24, 2019
- Latest Major Action July 24, 2019
Bill Sponsor
Bill Cosponsors
7 (All Democrats)
Bill Versions
Bill Summary
Payments Modernization Act of 2019 This bill requires the Federal Reserve Board to create a real-time payment system that allows funds to be available to any end user in real time, including funds deposited at a depository institution.
(Source: Library of Congress)
Bill Actions
Date | Description |
---|---|
July 24, 2019 |
Referred to the House Committee on Financial Services.
|
July 24, 2019 |
Introduced in the House by Ayanna Pressley (D-Mass.) |