< Back to H.R. 4130 (103rd Congress, 1993–1994)

Text of To require that all Federal recurring payments be paid by electronic funds transfer, and for other purposes.

This bill was introduced on March 24, 1994, in a previous session of Congress, but was not enacted. The text of the bill below is as of Mar 24, 1994 (Introduced).

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HR 4130 IH

103d CONGRESS

2d Session

H. R. 4130

To require that all Federal recurring payments be paid by electronic funds transfer, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

March 24, 1994

Mr. DARDEN (for himself, Mr. LIGHTFOOT, and Mr. HOYER) introduced the following bill; which was referred to the Committee on Government Operations


A BILL

To require that all Federal recurring payments be paid by electronic funds transfer, and for other purposes.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. ELECTRONIC FUNDS TRANSFER.

    Section 3332 of title 31, United States Code, is amended to read as follows:

‘Sec. 3332. Required and presumed direct deposit

    ‘(a) MANNER OF PAYMENTS-

      ‘(1) IN GENERAL- Notwithstanding any other provision of law and subject to subsection (b), all recurring Federal payments, including Federal wage, salary, and retirement payments, shall be paid by electronic funds transfer in accordance with regulations prescribed by the Secretary of the Treasury.

      ‘(2) DESIGNATION BY RECIPIENT OF PAYEE FINANCIAL INSTITUTION- Each recipient of any class of recurring Federal payments, including Federal wage, salary, or retirement payments, shall--

        ‘(A) designate 1 or more financial institutions to which any such payment shall be made; and

        ‘(B) provide the agency responsible for certifying or authorizing such payment with such information as may be necessary for the recipient to receive electronic funds transfer payments through the institutions so designated.

      ‘(3) AUTHORITY TO LIMIT NUMBER OF DESIGNATIONS- The Secretary of the Treasury may limit the number of financial institutions which an individual may designate under paragraph (2)(A) with respect to any payment to not fewer than 3 financial institutions.

    ‘(b) PRESUMPTION OF REQUEST TO RECEIVE PAYMENTS BY ELECTRONIC FUNDS TRANSFER- The recipient of any class of recurring benefits payments shall be presumed to have requested that any payment be made by electronic funds transfer unless a waiver is requested under subsection (c) by such recipient.

    ‘(c) WAIVER OF REQUIREMENT-

      ‘(1) IN GENERAL- The Secretary of the Treasury may waive the requirements of subsection (a) of this section for any group of recipients or class of payments upon the written request of the head of an agency under standards prescribed by the Secretary of the Treasury.

      ‘(2) DELEGATION AUTHORITY- The Secretary of the Treasury may delegate the authority to waive the requirements of subsection (a) with respect to an individual recipient, or a group of individual recipients, of any class of recurring Federal payments to the head of the agency responsible for certifying or authorizing such payments upon the written request by such individual recipient or group of recipients.

      ‘(3) ALTERNATIVE METHOD OF PAYMENT- Recurring Federal payments with respect to which a waiver has been granted under paragraph (1) or (2) shall be paid by any method determined to be appropriate by the Secretary of the Treasury.

    ‘(d) TRANSFER TO DESIGNATED INSTITUTIONS CONSTITUTES FULL PAYMENT- The crediting of the amount of a payment to the appropriate accounts on the books of the financial institutions designated by the payment recipient under this section shall constitute a complete payment to the United States for the amount of the payment.

    ‘(e) REGULATIONS-

      ‘(1) IN GENERAL- Except as provided in paragraphs (2) and (3), the Secretary of the Treasury shall prescribe regulations for all agencies in carrying out this section.

      ‘(2) SENATE- The Secretary of the Senate shall prescribe regulations for the Senate in carrying out this section.

      ‘(3) HOUSE OF REPRESENTATIVES- With the approval of the Committee on House Administration of the House of Representatives, the Director of Nonlegislative and Financial Services of the House of Representatives shall prescribe regulations for the House in carrying out this section.’.

SEC. 2. CLERICAL AMENDMENT.

    Chapter 33 of title 31, United States Code, is amended by striking the item relating to section 3332 and inserting the following new item:

      ‘3332. Required and presumed direct deposit.’.