Payments Modernization Act of 2019
Latest action · Jul 24, 2019 Referred to the House Committee on Financial Services.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJul 24, 2019
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Payments Modernization Act of 2019
This bill requires the Federal Reserve Board to create a real-time payment system that allows funds to be available to any end user in real time, including funds deposited at a depository institution.
Cosponsors 7
Members who signed on, in the order they did. Signatures ran from Jul 24, 2019 to Nov 12, 2019, with 1 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-IL | Jesús G. "Chuy" García | Original | Jul 24, 2019 |
| D-IA | Cynthia Axne | Sep 10, 2019 | |
| D-MI | Rashida Tlaib | Sep 10, 2019 | |
| D-NY | Gregory W. Meeks | Sep 25, 2019 | |
| D-NY | Carolyn B. Maloney | Oct 30, 2019 | |
| D-MA | Stephen F. Lynch | Oct 30, 2019 | |
| D-MO | Emanuel Cleaver | Nov 12, 2019 |
Actions 2
Everything that happened, newest first.
- Jul 24, 2019Introduced in House
- Jul 24, 2019Referred to the House Committee on Financial Services.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2243 | Payments Modernization Act of 2019 | Related bill | Jul 30, 2019 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Jul 24, 2019Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.
