[Congressional Bills 103th Congress]
[From the U.S. Government Publishing Office]
[S. 2511 Introduced in Senate (IS)]

103d CONGRESS
  2d Session
                                S. 2511

    To specifically exclude certain programs from provisions of the 
                     Electronic Funds Transfer Act.


_______________________________________________________________________


                   IN THE SENATE OF THE UNITED STATES

            October 6 (legislative day, September 12), 1994

 Mr. Lieberman introduced the following bill; which was read twice and 
    referred to the Committee on Banking, Housing, and Urban Affairs

_______________________________________________________________________

                                 A BILL


 
    To specifically exclude certain programs from provisions of the 
                     Electronic Funds Transfer Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. ELECTRONIC BENEFIT TRANSFERS.

    Section 904 of the Electronic Fund Transfer Act (15 U.S.C. 1693b) 
is amended--
            (1) by inserting ``(1)'' after ``(d)''; and
            (2) by adding at the end the following new paragraphs:
    ``(2)(A) The Board may not, under paragraph (1), make the 
disclosures, protections, responsibilities, and remedies created by 
this title apply to an electronic benefit transfer program established 
under State or local law, or administered by a State or local 
government, unless the payment under such programs is made directly 
into a consumer's account held by the recipient.
    ``(B) Subparagraph (A) does not apply to employment related 
payments including salaries, pension, retirement, or unemployment 
benefits established by Federal, State, or local governments.
    ``(C) Nothing in subparagraph (A) alters the protections of 
benefits established by Federal, State, or local statute.
    ``(D) For purposes of subparagraph (A), an electronic benefit 
transfer program is a program under which a government agency 
distributes needs-tested benefits by establishing accounts to be 
accessed by recipients electronically, such as through automated teller 
machines, or point-of-sale terminals. A program established for the 
purpose of enforcing the support obligations owed by absent parents to 
their children and the custodial parents with whom the children are 
living is not an electronic benefit transfer program.''.
                                 <all>