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        <title>Payments Modernization Act of 2019</title>
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        <number>3951</number>
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          <text>Referred to the House Committee on Financial Services.</text>
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        <fullName>Sen. Van Hollen, Chris [D-MD]</fullName>
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        <fullName>Sen. Warren, Elizabeth [D-MA]</fullName>
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        <state>MA</state>
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        <updateDate>2020-05-08T14:27:47Z</updateDate>
        <text><![CDATA[ <p><b>Payments Modernization Act of 2019</b></p> <p>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.</p>]]></text>
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    <title>Payments Modernization Act of 2019</title>
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        <title>A bill to amend the Expedited Funds Availability Act to require that funds deposited be available for withdrawal in real-time, and for other purposes.</title>
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        <date>2019-07-24T04:00:00Z</date>
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      <actionDate>2019-07-30</actionDate>
      <text>Committee on Banking, Housing, and Urban Affairs. Hearings held.</text>
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    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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