[Congressional Bills 108th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4348 Introduced in House (IH)]






108th CONGRESS
  2d Session
                                H. R. 4348

   To amend the Federal Credit Union Act to allow greater access to 
       international remittance services, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                              May 12, 2004

   Mr. Baca introduced the following bill; which was referred to the 
                    Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
   To amend the Federal Credit Union Act to allow greater access to 
       international remittance services, and for other purposes.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Financial Services for All Act''.

SEC. 2. FEDERAL CREDIT UNION AMENDMENT.

    Paragraph (12) of section 107 of the Federal Credit Union Act is 
amended to read as follows:
            ``(12) in accordance with regulations prescribed by the 
        Board--
                    ``(A) to sell or provide for a fee negotiable 
                checks (including travelers checks), money orders, 
                international money transmitting or transfer services, 
                and other similar money transfer instruments and 
                services (including electronic fund transfers); and
                    ``(B) to cash checks and money orders and receive 
                electronic fund transfers for a fee;''.
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