Bill summaries are authored by CRS.

Shown Here:
Reported to House without amendment (12/09/2008)

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Expedited Funds Availability Dollar Limits Adjustment Act of 2008 - Amends the Expedited Funds Availability Act to increase: (1) from $100 to $175 the amount of a federal, state, or local government check that is available for next business day withdrawal; and (2) from $400 to $700 the maximum cash amount of non-government checks available for 5 p.m. withdrawal.

Directs the Board of Governors of the Federal Reserve System to make cost-of-living adjustments to such amounts every five years.