H.R.6306: Immediate Funds Availability Act of 2020

About This Bill

  • Introduced March 19, 2020
  • Latest Major Action March 19, 2020

Bill Sponsor

Bill Cosponsor

Bill Version

Bill Summary

Immediate Funds Availability Act of 2020 This bill temporarily requires depository institutions located in a state with a public health emergency to immediately make available for withdrawal certain deposited funds. Specifically, the first $1,500 of a deposit must be made available in real time. This requirement expires three years after enactment.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.6306.

Bill Actions

Date Description
March 19, 2020
Referred to the House Committee on Financial Services.
March 19, 2020

Introduced in the House by French Hill (R-Ark.)

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