HR 1660

112th CONGRESS
1st Session

H. R. 1660

To amend the Expedited Funds Availability Act, to adjust dollar limits on check hold policies, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

April 15, 2011

Ms. TSONGAS (for herself, Ms. SPEIER, and Ms. WILSON of Florida) introduced the following bill; which was referred to the Committee on Financial Services


A BILL

To amend the Expedited Funds Availability Act, to adjust dollar limits on check hold policies, and for other purposes.

SECTION 1. SHORT TITLE.

SEC. 2. ADJUSTMENT OF DOLLAR AMOUNTS.

SEC. 3. ELIMINATION OF LARGE DEPOSIT EXCEPTION FOR LARGE DEPOSITARY BANKS.

SEC. 4. TREATMENT OF SATURDAY AS A BUSINESS DAY.

END