# 119-hr-9331: STOP Payments Fraud Act of 2026

119-hr-9331, STOP Payments Fraud Act of 2026, is a 119th Congress bill sponsored by Rep. Kim, Young [R-CA-40] (R-CA); status in_committee; PRIA reads it as touching household money (as of 2026-11-01).

- Canonical: https://policyrisk.com/legislation/119-hr-9331
- As of: 2026-11-01
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 119-hr-9331
- Congress: 119
- Title: STOP Payments Fraud Act of 2026
- Status: in_committee
- Introduced: 2026-06-18
- Sponsor: Rep. Kim, Young [R-CA-40] (R-CA)
- Cosponsors: 3
- Policy area: Finance and Financial Sector
- Touches household money: yes
- Last recorded action: 2026-11-01

## Summary

**Creates new, fraud-based holds on check and wire deposits and gives regulators a temporary "parity" tool to treat some check types like local checks during fraud surges.** The bill pairs those authorities with required joint rulemaking by the Federal Reserve and the Consumer Financial Protection Bureau and a Comptroller General study to inform Congress. - Families and account holders: Banks may delay funds for checks or wire transfers when there is "reasonable suspicion" of fraud. Initial holds can last up to 10 days with extended holds up to 45 days, and accounts flagged for greater fraud risk may face holds up to 60 days per occurrence. - Depository institutions: Banks get explicit, rule-based authority to apply fraud exceptions and a time-limited option to give parity in funds availability for specified check classes. Institutions must give written reasons in notices, keep records of notices, and face exam-based compliance checks. - Regulators and lawmakers: The Fed and CFPB must adopt final implementing rules within one year and may make parity determinations for particular check classes for up to 1 year. The Comptroller General must study state laws, hold practices, and other reforms and report to congressional committees within nine months of final rules.

## Cosponsors (3)

- Rep. Lawler, Michael [R-NY-17] (R-NY), 2026-06-29T00:00:00.000Z
- Rep. Gonzalez, Vicente [D-TX-34] (D-TX), 2026-06-29T00:00:00.000Z
- Rep. Garcia, Sylvia R. [D-TX-29] (D-TX), 2026-06-30T00:00:00.000Z

## Provisions PRIA read

- Faster availability for some checks: benefit, medium. This bill would let the Federal Reserve and the CFPB decide whether two specific classes of checks named in current law should get the same fast availability as local checks during periods of material fraud losses. The agencies would be required to consider fraud losses to the U.S. Treasury or bank…
- Banks can delay checks and wires: mixed, medium. This bill would let banks delay availability of deposited checks or received wire transfers when the bank reasonably suspects the payment is false, unauthorized, or fraudulent. Rules would allow an initial hold up to 10 days and an extended hold up to 45 days; accounts identified by rule as high fr…

## Related bills

- 119-hr-6644: 21st Century ROAD to Housing Act
- 119-hr-3151: SHIPS for America Act of 2025
- 119-hr-4206: CONNECT for Health Act of 2025
- 119-hr-4393: DIGNIDAD (Dignity) Act of 2025
- 119-hr-1065: Protect Our Letter Carriers Act of 2025
- 119-hres-23: Proxy Voting for New Parents Resolution

## Sources
- [119-hr-9331 on Congress.gov](https://www.congress.gov/bill/119th-congress/house-bill/9331)

## Related
- [119-hr-6644: 21st Century ROAD to Housing Act](https://policyrisk.com/legislation/119-hr-6644)
- [119-hr-3151: SHIPS for America Act of 2025](https://policyrisk.com/legislation/119-hr-3151)
- [119-hr-4206: CONNECT for Health Act of 2025](https://policyrisk.com/legislation/119-hr-4206)
- [119-hr-4393: DIGNIDAD (Dignity) Act of 2025](https://policyrisk.com/legislation/119-hr-4393)
- [119-hr-1065: Protect Our Letter Carriers Act of 2025](https://policyrisk.com/legislation/119-hr-1065)
- [119-hres-23: Proxy Voting for New Parents Resolution](https://policyrisk.com/legislation/119-hres-23)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/119-hr-9331 (as of 2026-11-01).