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        <title>Availability of Funds and Collection of Checks (Regulation CC)</title>
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    <abstract>The Board and the Bureau (Agencies) are proposing amendments to Regulation CC, which implements the Expedited Funds Availability Act (EFA Act) (2018 Proposal), and are also providing an additional opportunity for public comment on certain amendments to Regulation CC that the Board proposed in 2011 (2011 Funds Availability Proposal). In the 2018 Proposal, the Agencies are proposing a calculation methodology for implementing a statutory requirement to adjust the dollar amounts in the EFA Act every five years by the aggregate annual percentage increase in the Consumer Price Index for Wage Earners and Clerical Workers (CPI-W) rounded to the nearest multiple of $25. The 2018 Proposal would also implement the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA) amendments to the EFA Act, which include extending coverage to American Samoa, the Commonwealth of the Northern Mariana Islands, and Guam, and would make certain other technical amendments. With regard to reopening comments on the 2011 Funds Availability Proposal, the Board published proposed amendments to Regulation CC in the Federal Register on March 25, 2011. As discussed in SUPPLEMENTARY INFORMATION, the Board and the Bureau now have joint rulemaking authority with respect to part of Regulation CC, related definitions, and appendices of the amendments that the Board proposed on that date. The Board and the Bureau are reopening the comment period for the 2011 Funds Availability Proposal.</abstract>
    <identifier type="FR citation">83 FR 63431</identifier>
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    <identifier type="department code">Regulation CC</identifier>
    <identifier type="department code">Docket No. R-1637</identifier>
    <identifier type="department code">Docket No. CFPB-2018-0035</identifier>
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    <subject>
        <topic>Advertising</topic>
        <topic>Consumer Protection</topic>
        <topic>National Banks</topic>
        <topic>Savings Associations</topic>
        <topic>Banks</topic>
        <topic>Banking</topic>
        <topic>Federal Reserve System</topic>
        <topic>Reporting and Recordkeeping Requirements</topic>
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        <action>Proposed rule and reopening of comment period for existing proposed rule.</action>
        <summary>The Board and the Bureau (Agencies) are proposing amendments to Regulation CC, which implements the Expedited Funds Availability Act (EFA Act) (2018 Proposal), and are also providing an additional opportunity for public comment on certain amendments to Regulation CC that the Board proposed in 2011 (2011 Funds Availability Proposal). In the 2018 Proposal, the Agencies are proposing a calculation methodology for implementing a statutory requirement to adjust the dollar amounts in the EFA Act every five years by the aggregate annual percentage increase in the Consumer Price Index for Wage Earners and Clerical Workers (CPI-W) rounded to the nearest multiple of $25. The 2018 Proposal would also implement the Economic Growth, Regulatory Relief, and Consumer Protection Act (EGRRCPA) amendments to the EFA Act, which include extending coverage to American Samoa, the Commonwealth of the Northern Mariana Islands, and Guam, and would make certain other technical amendments. With regard to reopening comments on the 2011 Funds Availability Proposal, the Board published proposed amendments to Regulation CC in the Federal Register on March 25, 2011. As discussed in SUPPLEMENTARY INFORMATION, the Board and the Bureau now have joint rulemaking authority with respect to part of Regulation CC, related definitions, and appendices of the amendments that the Board proposed on that date. The Board and the Bureau are reopening the comment period for the 2011 Funds Availability Proposal.</summary>
        <dates>Comments on the 2018 Proposal and the 2011 Funds Availability Proposal must be received on or before February 8, 2019.</dates>
        <contact>Board: Gavin L. Smith, Senior Counsel (202) 452-3474, Legal Division, or Ian C.B. Spear, Manager (202) 452- 3959, Division of Reserve Bank Operations and Payment Systems; for users of Telecommunications Device for the Deaf (TDD) only, contact (202) 263-4869.</contact>
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            <subject>Advertising</subject>
                                    
            <subject>Consumer Protection</subject>
                                    
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            <subject>Savings Associations</subject>
                                
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            <subject>Banks</subject>
                                    
            <subject>Banking</subject>
                                    
            <subject>Federal Reserve System</subject>
                                    
            <subject>Reporting and Recordkeeping Requirements</subject>
                                
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        <tocDoc>Availability of Funds and Collection of Checks
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