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Touchless Transactions Act of 2020

2/8/2022, 11:16 PM

Congressional Summary of HR 6241

Touchless Transactions Act of 2020

This bill prohibits an issuer of an electronic fund transfer from requiring an individual's signature for a point-of-sale transfer that is initiated by a swipe, dip, or tap transaction.  

Current Status of Bill HR 6241

Bill HR 6241 is currently in the status of Bill Introduced since March 12, 2020. Bill HR 6241 was introduced during Congress 116 and was introduced to the House on March 12, 2020.  Bill HR 6241's most recent activity was Referred to the House Committee on Financial Services. as of March 12, 2020

Bipartisan Support of Bill HR 6241

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
11
Democrat Cosponsors
0
Republican Cosponsors
11
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 6241

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Bank accounts, deposits, capital
- Banking and financial institutions regulation
- Consumer credit

Alternate Title(s) of Bill HR 6241

Touchless Transactions Act of 2020
To amend the Electronic Fund Transfer Act to allow for touchless transactions, and for other purposes.
Touchless Transactions Act of 2020

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