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Bill Text Stats

10
Analyzed sections
N/A
Detected dollar total
0
Tax signals
5
Deadlines

Signal counts

Tax density 0.0%
Spending density 0.0%
Studies 6
Deadline 5
Statutory Reference 4
Amendments 3
Rulemaking 2

Top agencies

N/A

Statutory references

12 U.S.C. 4003 3
12 U.S.C. 4002 1

House Votes

No House roll call votes have been linked to this bill yet.

Timeline

Sep 1, 2026

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-792.

Sep 1, 2026

Reported (Amended) by the Committee on Financial Services. H. Rept. 119-792.

Sep 1, 2026

Placed on the Union Calendar, Calendar No. 692.

Jun 30, 2026

Committee Consideration and Mark-up Session Held

Jun 30, 2026

Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.

Jun 18, 2026

Introduced in House

Jun 18, 2026

Introduced in House

Jun 18, 2026

Referred to the House Committee on Financial Services.

Affected Sectors

How to read this

Sectors are deterministic matches from official Congress.gov data and cached bill text. They are source-derived signals, not conclusions about intent or economic effect.

Evidence matches count official fields, normalized subjects, cached text snippets, or extracted entities that matched the sector rules.

Impact is a bill-level rollup used for sorting and filtering. It is not an economic impact estimate.

Confidence is the strongest individual match score behind that sector.

Evidence snippets show why a sector matched and can repeat when Congress.gov repeats the same phrase across official fields.

Finance and banking
21 evidence matches
Impact 100% Confidence 90%

Finance and Financial Sector

Finance and Financial Sector

Bank accounts, deposits, capital

Labor and employment
2 evidence matches
Impact 86% Confidence 78%

ion 3(a)(3) and section 4. (b) Delayed Effective Date.--The amendments made by section 3(a)(3) and section 4 shall take effect 60 days after the rules described in subsection (a) are adopted. Union Calendar No. 692 119th CONGRESS 2d Session

STOP Payments Fraud Act of 2026 Placed on the Union Calendar, Calendar No. 692. Finance and Financial Sector

CBO Cost Estimates

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No CBO cost estimate is currently linked for this bill.

Campaign Finance Context

Related FEC/OpenFEC campaign-finance records for lawmakers and candidates tied to this bill through source-attributed legislative relationships. These are not donations to the bill itself.

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No FEC/OpenFEC campaign-finance context is currently linked for this bill.

Lobbying Context

Related LDA.gov filings where public lobbying activity descriptions reference this bill. These records are source-attributed research context, not evidence of influence or causation.

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Lobbying context uses source-attributed LDA.gov records that appear related to this bill through bill references in public lobbying activity descriptions. It is research context only, not proof of influence, causation, endorsement, lobbying effectiveness, or legislative intent.

No LDA.gov lobbying disclosure context is currently linked for this bill.

Summary

07 Reported to House Sep 22, 2026

Strengthening Transaction Oversight and Preventing Payments Fraud Act of 2026 or the STOP Payments Fraud Act of 2026 This bill establishes additional grounds for banks to pause the processing of deposited checks and wire transfers. Under current law, banks are generally required to make deposited funds available in one to two business days, depending on the type of deposit and with limited exceptions. Under the bill, receiving banks are allowed to delay the processing of checks or wire transfers that they reasonably suspect are fraudulent. The bill allows for an initial hold that is not to exceed 10 days and an extended hold that is not to exceed 45 days. If an account is overdrawn due to a hold on a wire transfer and the depositor did not receive written notice, no overdraft fees may be applied. The bill allows the Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) to determine when to apply safeguards to accounts determined to be at greater risk of fraud. Such safeguards must not apply for more than 60 days for each occurrence. These changes take effect 60 days after the issuance of implementing rules, which must be issued within one year of the bill's enactment. The bill also requires (1) the board and CFPB to determine whether to remove Treasury checks and cashier’s checks from expedited classification due to material losses from fraud, and (2) the Government Accountability Office to report on issues relating to the availability of funds and fraud protection.

Sponsors

Kim, Young
Sponsor

Kim, Young

Republican · CA-39 · K000397

Joined Jun 18, 2026
Website
N/A
Office
2439 Rayburn House Office Building

Amendments

No amendment records are currently available for this bill.
Compiled bill record. Bill pages combine Congress.gov source payloads, normalized relationships, cached text analysis, vote links, and deterministic sector/signal extraction. This is not an official government record or legal advice; use the official source link when accuracy matters.