To amend the Expedited Funds Availability Act to clarify the application of that Act to American Samoa and the Northern Mariana Islands.

Bill: 114-hr-1367
Sponsor: Del. Radewagen, Aumua Amata Coleman [R-AS-At Large]
Introduced: 2015-03-16 in the House
Policy area: Finance and Financial Sector
Subjects: American Samoa
Bank accounts, deposits, capital
Northern Mariana Islands
U.S. territories and protectorates

Summary:
action_date: 2015-03-16
text: 
Amends the Expedited Funds Availability Act to apply it to American Samoa and the Commonwealth of the Northern Mariana Islands. 
 
Extends by two business days, for American Samoa and the Commonwealth, any time periods established for large or redeposited check, repeated overdraft, reasonable cause, or other emergency exceptions to the 30-day funds availability requirements for deposits in an depository institution account by a new depositor. 
 
Extends by one business day any deposit which is both deposited: (1) in an account at a depository institution located in American Samoa or the Commonwealth, and (2) by a check drawn on an originating depository institution which is not located in the same commonwealth or territory as the receiving depository institution. 

action_date: 2015-04-13
text: 
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
 
(Sec. 1) Amends the Expedited Funds Availability Act to apply it to American Samoa and the Commonwealth of the Northern Mariana Islands. 
 
Extends by two business days, for American Samoa and the Commonwealth, any time periods established for large or redeposited check, repeated overdraft, reasonable cause, or other emergency exceptions to the 30-day funds availability requirements for deposits in an depository institution account by a new depositor. 
 
Extends by one business day any deposit which is both deposited: (1) in an account at a depository institution located in American Samoa or the Commonwealth, and (2) by a check drawn on an originating depository institution which is not located in the same commonwealth or territory as the receiving depository institution. 


Legislative actions:
action_date: 2015-04-14
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2015-04-13
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2015-04-13
text: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H2124-2125)
action_date: 2015-04-13
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H2124-2125)
action_date: 2015-04-13
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 1367.
action_date: 2015-04-13
text: Considered under suspension of the rules. (consideration: CR H2124-2125)
action_date: 2015-04-13
text: Mr. Neugebauer moved to suspend the rules and pass the bill.
action_date: 2015-04-13
text: Placed on the Union Calendar, Calendar No. 42.
action_date: 2015-04-13
text: Reported by the Committee on Financial Services. H. Rept. 114-61.
action_date: 2015-04-13
text: Reported by the Committee on Financial Services. H. Rept. 114-61.
action_date: 2015-03-26
text: Ordered to be Reported by the Yeas and Nays: 58 - 0.
action_date: 2015-03-26
text: Committee Consideration and Mark-up Session Held.
action_date: 2015-03-25
text: Committee Consideration and Mark-up Session Held.
action_date: 2015-03-16
text: Referred to the House Committee on Financial Services.
action_date: 2015-03-16
text: Introduced in House
action_date: 2015-03-16
text: Introduced in House