To amend the Expedited Funds Availability Act to clarify the application of that Act to American Samoa and the Northern Mariana Islands.

Bill 114 hr 1367, also known as the Expedited Funds Availability Act, aims to clarify the application of the Act to American Samoa and the Northern Mariana Islands. The Expedited Funds Availability Act was originally passed in 1987 to ensure that consumers have timely access to funds deposited into their bank accounts.

This bill seeks to address any confusion or ambiguity regarding the application of the Act to these two territories. By amending the Act, it aims to ensure that residents of American Samoa and the Northern Mariana Islands have the same access to expedited funds availability as residents of the rest of the United States.

The bill is designed to promote financial inclusion and ensure that all Americans, regardless of where they live, have equal access to banking services. It is a non-partisan effort to clarify and strengthen the protections provided by the Expedited Funds Availability Act for residents of American Samoa and the Northern Mariana Islands. Overall, Bill 114 hr 1367 is a straightforward and important piece of legislation that aims to ensure equal access to financial services for all Americans, regardless of their geographic location.