The "Community Financial Services Access and Modernization Act" is a federal bill that aims to update current laws to better regulate the range of financial services offered at local check cashing establishments. The bill seeks to establish a comprehensive regulatory framework to reflect the modern landscape of financial services available in these neighborhood businesses. It intends to enhance access to financial services while ensuring they are provided within a structured regulatory environment.
2023-01-09: referred to banks
2024-01-03: referred to banks
2024-04-03: amend (t) and recommit to banks
2024-04-03: print number 480a
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