[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1003 Introduced in House (IH)]






109th CONGRESS
  1st Session
                                H. R. 1003

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


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             March 1, 2005

   Mr. Baca (for himself, Mr. Grijalva, Mr. Serrano, and Ms. Watson) 
 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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