Data / Federal rules / 2024-10844

Availability of Funds and Collection of Checks

The Federal Reserve System published this final rule in the Federal Register on May 20, 2024. It took effect on July 1, 2025.

SpecStream is the live web data engine for teams and agents. It reads every rule and proposed rule in the Federal Register each morning, and this page is that reading. Name your industry once and new rules, comment deadlines and effective dates arrive in your sheet, CRM, Slack or agent as they are published.

Get new rules for your industry

What the agency says

The Board and the CFPB (collectively, the Agencies) are amending Regulation CC, which implements the Expedited Funds Availability Act (EFA Act) and the Check Clearing for the 21st Century Act (Check 21 Act), to fulfill a statutory requirement in the EFA Act to adjust the dollar amounts under the EFA Act for inflation.

Key facts

Document number: 2024-10844
Type: Final rule
Action: Final rule
Agency: Federal Reserve System
Published: May 20, 2024
Takes effect: July 1, 2025
Dates: Effective date: This final rule is effective July 1, 2025.
Docket: Regulation CC; Docket No. R-1832
Code of Federal Regulations: 12 CFR 229
Topics: Banks, banking; Reporting and recordkeeping requirements
Pages: 3

The document on federalregister.gov PDF

Other documents from the Federal Reserve System

Document	Type	Published
Loans to Executive Officers, Directors, and Principal Shareholders of Member Banks: Bank Holding Companies 2026-20509	Proposed rule	Oct 7
Enhanced Transparency and Public Accountability of the Supervisory Stress Test Models and Scenarios; Modifications to the Capital Planning and Stress Capital Buffer Requirement Rule, Enhanced Prudential Standards Rule, and Regulation LL 2026-20247	Final rule	Oct 2
Modifications to the Capital Plan Rule and Stress Capital Buffer Requirement 2026-20246	Final rule	Oct 2
Regulation D: Reserve Requirements of Depository Institutions 2026-20037	Final rule	Sep 30
Regulation A: Extensions of Credit by Federal Reserve Banks 2026-20036	Final rule	Sep 30
Application Procedures for Board-Supervised Insured Depository Institutions Seeking Approval for a Subsidiary To Issue Payment Stablecoins 2026-19899	Proposed rule	Sep 29
Implementing the Federal Reserve Board's Responsibilities Under the GENIUS Act 2026-19860	Proposed rule	Sep 29
Expanded Examination Cycle for Certain Small Insured Depository Institutions and U.S. Branches and Agencies of Foreign Banks 2026-18766	Final rule	Sep 14

Everything from the Federal Reserve System · Rules on banks, banking · Rules on reporting and recordkeeping requirements · Published in May 2024

Read from the Federal Register API, last updated 2026-10-23. The document on federalregister.gov is the official record; dates and dockets can change through later corrections. Free to reuse with credit to SpecStream under CC BY 4.0.