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117-hr-8974117th Congress

Payments Modernization Act of 2022

Sponsored By: Representative Pressley, Ayanna [D-MA-7]

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Summary

Payments Modernization Act of 2022 This bill requires the Federal Reserve Board to create a real-time payment system that allows funds to be available to any end user immediately at any time, including funds deposited at a depository institution.

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & CoSponsors

Sponsor

Pressley, Ayanna [D-MA-7]

MA • D

Cosponsors

  • Rep. García, Jesús G. "Chuy" [D-IL-4]

    IL • D

    Sponsored 9/22/2022

Roll Call Votes

No roll call votes available for this bill.

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