115th CONGRESS 1st Session |
To amend the Expedited Funds Availability Act to clarify the application of that Act to American Samoa and the Northern Mariana Islands.
January 9, 2017
Mrs. Radewagen (for herself and Mr. Sablan) introduced the following bill; which was referred to the Committee on Financial Services
To amend the Expedited Funds Availability Act to clarify the application of that Act to American Samoa and the Northern Mariana Islands.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 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.