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H.R. 385: To amend the Expedited Funds Availability Act to clarify the application of that Act to American Samoa and the Northern Mariana Islands.

The text of the bill below is as of Jan 9, 2017 (Introduced).


I

115th CONGRESS

1st Session

H. R. 385

IN THE HOUSE OF REPRESENTATIVES

January 9, 2017

(for herself and Mr. Sablan) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

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

1.

Application of the Expedited Funds Availability Act

(a)

In general

The Expedited Funds Availability Act (12 U.S.C. 4001 et seq.) is amended—

(1)

in section 602(20) (12 U.S.C. 4001(20)) by inserting , located in the United States, after ATM;

(2)

in section 602(21) (12 U.S.C. 4001(21)) by inserting American Samoa, the Commonwealth of the Northern Mariana Islands, after Puerto Rico,;

(3)

in section 602(23) (12 U.S.C. 4001(23)) by inserting American Samoa, the Commonwealth of the Northern Mariana Islands, after Puerto Rico,; and

(4)

in section 603(d)(2)(A) (12 U.S.C. 4002(d)(2)(A)), by inserting American Samoa, the Commonwealth of the Northern Mariana Islands, after Puerto Rico,.

(b)

Effective date

The amendments made by this Act shall take effect as if enacted on January 1, 2017.