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No Fees for EFTs Act

H.R. 6487 Rep. Gregory Murphy (R-NC-3) In committee
  1. Introduced Nov 28
  2. Committee Nov 28
  3. Passed House Next
  4. Passed Senate Not yet
  5. To President Not yet
  6. Law Not yet
Where it stands
In committee, Nov 28, 2023Next: House vote
680d ago Dec 17, 2024: Referred to the Subcommittee on Health.
Final votes
No roll callsNo recorded vote on this bill yet
Lobbying
3companies, 4 filings
Member trades
6trades in the last 90 days
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Companies lobbying on this bill

3 companies
Companies by sector
Technology & Software 2Financials 1
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Summary

This bill amends the Social Security Act to prohibit health plans from charging health care providers any fees for electronic funds transfers and health care payment and remittance advice transactions.

Sec. 2, Prohibiting health plans from imposing fees on health care providers for electronic funds transfers and health care payment and remittance advice transactions: The bill amends section 1173(g)(4)(B)(ii) of the Social Security Act to add a new subclause that prohibits health plans or entities completing transactions on their behalf from imposing any charge, fee, or other payment (including a withhold from payment) on a health care provider for electronic fund transfers and health care payment and remittance advice transactions made on or after January 1, 2024.

Summary of the bill text as introduced in House (Nov 28, 2023), generated by SecBot from the official bill text; the Library of Congress summary is not yet published.

Official record from Congress.gov, the House Clerk and the Senate; lobbying from Lobbying Disclosure Act filings. Updated Oct 28, 2026.