[Congressional Bills 109th Congress]
[From the U.S. Government Publishing Office]
[H.R. 749 Reported in House (RH)]






                                                  Union Calendar No. 19
109th CONGRESS
  1st Session
                                H. R. 749

                          [Report No. 109-38]

 To amend the Federal Credit Union Act to provide expanded access for 
 persons in the field of membership of a Federal credit union to money 
           order, check cashing, and money transfer services.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 10, 2005

 Mr. Gerlach (for himself, Mr. Sherman, Mr. Paul, Mr. LaTourette, Mr. 
Kanjorski, and Mr. Gutierrez) introduced the following bill; which was 
            referred to the Committee on Financial Services

                             April 12, 2005

                      Additional sponsor: Mr. Baca

                             April 12, 2005

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]

_______________________________________________________________________

                                 A BILL


 
 To amend the Federal Credit Union Act to provide expanded access for 
 persons in the field of membership of a Federal credit union to money 
           order, check cashing, and money transfer services.

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

<DELETED>SECTION 1. SHORT TITLE.</DELETED>

<DELETED>    This Act may be cited as the ``Expanded Access to 
Financial Services Act of 2005''.</DELETED>

<DELETED>SEC. 2. CHECK CASHING AND MONEY TRANSFER SERVICES OFFERED 
              WITHIN THE FIELD OF MEMBERSHIP.</DELETED>

<DELETED>    Paragraph (12) of section 107 of the Federal Credit Union 
Act (12 U.S.C. 1757(12)) is amended to read as follows:</DELETED>
        <DELETED>    ``(12) in accordance with regulations prescribed 
        by the Board--</DELETED>
                <DELETED>    ``(A) to sell, to persons in the field of 
                membership, negotiable checks (including travelers 
                checks), money orders, and other similar money transfer 
                instruments (including electronic fund transfers); 
                and</DELETED>
                <DELETED>    ``(B) to cash checks and money orders and 
                receive electronic fund transfers for persons in the 
                field of membership for a fee;''.</DELETED>

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Expanded Access to Financial 
Services Act of 2005''.

SEC. 2. CHECK CASHING AND MONEY TRANSFER SERVICES OFFERED WITHIN THE 
              FIELD OF MEMBERSHIP.

    Paragraph (12) of section 107 of the Federal Credit Union Act (12 
U.S.C. 1757(12)) is amended to read as follows:
            ``(12) in accordance with regulations prescribed by the 
        Board--
                    ``(A) to sell, to persons in the field of 
                membership, negotiable checks (including travelers 
                checks), money orders, and other similar money transfer 
                instruments (including international and domestic 
                electronic fund transfers); and
                    ``(B) to cash checks and money orders and receive 
                international and domestic electronic fund transfers 
                for persons in the field of membership for a fee;''.




                                                  Union Calendar No. 19

109th CONGRESS

  1st Session

                               H. R. 749

                          [Report No. 109-38]

_______________________________________________________________________

                                 A BILL

 To amend the Federal Credit Union Act to provide expanded access for 
 persons in the field of membership of a Federal credit union to money 
           order, check cashing, and money transfer services.

_______________________________________________________________________

                             April 12, 2005

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed