PlainBillCongress, translated.Legislation. Context. Public interest.Placed on the Union Calendar, Calendar No. 592.
Congressional Research Service
Version 79 · Reported to House without amendment · Dec 9, 2008
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Expedited Funds Availability Dollar Limits Adjustment Act of 2008 - Amends the Expedited Funds Availability Act to increase: (1) from $100 to $175 the amount of a federal, state, or local government check that is available for next business day withdrawal; and (2) from $400 to $700 the maximum cash amount of non-government checks available for 5 p.m. withdrawal.
Directs the Board of Governors of the Federal Reserve System to make cost-of-living adjustments to such amounts every five years.
People & committees
Rep. Maloney, Carolyn B. [D-NY-14] · D–NY
Legislative record
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Placed on the Union Calendar, Calendar No. 592.
Reported by the Committee on Financial Services. H. Rept. 110-917.
Reported by the Committee on Financial Services. H. Rept. 110-917.
Ordered to be Reported by Voice Vote.
Committee Consideration and Mark-up Session Held.
Referred to the House Committee on Financial Services.
Sponsor introductory remarks on measure. (CR E1772)
Introduced in House
Introduced in House
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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Analyze H.R.6871 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
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