H.R. 9331 · 119th Congress · pending

STOP Payments Fraud Act of 2026

Placed on the Union Calendar, Calendar No. 692.

Latest official action 2026-09-01 · Unknown

The bill, briefly

Strengthening Transaction Oversight and Preventing Payments Fraud Act of 2026 or the STOP Payments Fraud Act of 2026 This bill establishes additional grounds for banks to pause the processing of deposited checks and wire transfers. Under current law, banks are generally required to make deposited funds available in one to two business days, depending on the type of deposit and with limited exceptions. Under the bill, receiving banks are allowed to delay the processing of checks or wire transfers that they reasonably suspect are fraudulent. The bill allows for an initial hold that is not to exceed 10 days and an extended hold that is not to exceed 45 days. If an account is overdrawn due to a hold on a wire transfer and the depositor did not receive written notice, no overdraft fees may be applied. The bill allows the Federal Reserve Board and the Consumer Financial Protection Bureau (CFPB) to determine when to apply safeguards to accounts determined to be at greater risk of fraud. Such safeguards must not apply for more than 60 days for each occurrence. These changes take effect 60 days after the issuance of implementing rules, which must be issued within one year of the bill's enactment. The bill also requires (1) the board and CFPB to determine whether to remove Treasury checks and cashier’s checks from expedited classification due to material losses from fraud, and (2) the Go…

Official bill, text and votes Full source record and risk review

Congressional Research Service · 2026-09-01

Who reported lobbying on this bill?

Amount spent specifically on this bill: not disclosed

The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.

No matching lobbying report is imported yet. This is not evidence that no lobbying occurred.

2,409 latest lobbying reports imported. Some source imports are still in progress.

Politicians behind the bill

Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.

Sponsor

Young Kim

House · CA District 40 · Republican

$1,530,488PAC receipts · 2025–2026

Cosponsor

Michael Lawler

House · NY District 17 · Republican

$1,926,188PAC receipts · 2025–2026

Cosponsor

Vicente Gonzalez

House · TX District 34 · Democratic

$1,401,344PAC receipts · 2025–2026

Cosponsor

Sylvia R. Garcia

House · TX District 29 · Democratic

$658,745PAC receipts · 2025–2026

3 of 3 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.

PAC donors to the listed sponsors

These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.

ERNST & YOUNG POLITICAL ACTION COMMITTEE$40,000

Young Kim · Sponsor · $10,000

Michael Lawler · Cosponsor · $10,000

Vicente Gonzalez · Cosponsor · $10,000

Sylvia R. Garcia · Cosponsor · $10,000

The bill, briefly

Who reported lobbying on this bill?

Politicians behind the bill

Young Kim

Michael Lawler

Vicente Gonzalez

Sylvia R. Garcia

PAC donors to the listed sponsors

What happened after enactment?