EFT'99 : 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...

Full description

Bibliographic Details
Corporate Authors:	Library of Congress. Congressional Research Service, ProQuest (Firm)
Format:	eBook
Language:	English
Published:	[Place of publication not identified] : [publisher not identified], 1997.
Series:	U.S. Congressional Research.
Subjects:	United States. > Congress. Electronic funds transfers. Electronic books.
Online Access:	Connect to the full text of this electronic book

Description
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. Electronic resource.
Physical Description:	1 online resource.