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H.R. 1679 — Introduced in House

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I 113th CONGRESS 1st Session H. R. 1679 IN THE HOUSE OF REPRESENTATIVES April 23, 2013 Mr. Faleomavaega 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. 1. Application of the Expedited Funds Availability Act 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, after Puerto Rico,; (3) in section 602(23) (12 U.S.C. 4001(23)) by inserting American Samoa, after Puerto Rico,; and (4) by adding at the end of section 603(d) (12 U.S.C. 4002(d)) the following new paragraph: (3) Extension for certain deposits in American Samoa Notwithstanding any other provision of law, any time period established under subsection (b), (c), or (e) shall be extended by 2 business days in the case of any deposit which is both— (A) deposited in an account at a depository institution which is located in American Samoa; and (B) deposited by a check drawn on an originating depository institution which is not located in the same State as the receiving depository institution. .