EFT'99 [electronic resource] : Mandatory Electronic Federal Payments For Consumers.

Provides summary, background, current status, policy issues, and legislation of 105th Congress on the electronic funds initiative (EFT'99), part of the Debt Collection Improvement Act of 1996 (P.L. 104-134) passed by Congress to reduce the cost of government. P.L. 104-134 requires all federal p...

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Bibliographic Details
Online Access: Full Text (via ProQuest)
Corporate Author: Library of Congress. Congressional Research Service
Format: Electronic eBook
Language:English
Published: [S.l] : [s.n.], 1997.
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Summary:Provides summary, background, current status, policy issues, and legislation of 105th Congress on the electronic funds initiative (EFT'99), part of the Debt Collection Improvement Act of 1996 (P.L. 104-134) passed by Congress to reduce the cost of government. P.L. 104-134 requires all federal payments (other than IRS tax refunds) to be made by electronic funds transfer after 1/1/97. Discusses widespread concern involving the provision of electronic financial services to "unbanked" recipients of federal payments.
Item Description:Record is based on bibliographic data in ProQuest U.S. Congressional Research Digital Collection (last viewed July 2010). Reuse except for individual research requires license from ProQuest, LLC.
CRS Report.
Physical Description:6 p., digital, PDF file.