The
Board and the Consumer Financial Protection Bureau 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.
More...
The final rule is effective
July 1, 2025 (Regulation CC, Docket R-1832) and was published
in the Federal Register on May 20, 2024.