Bill · H.R. 1631· House(119-HR-1631)

Safe Access to Cash Act of 2025

Age: 61 years

Tennessee

Introduced: 2/26/2025
Last activity: 2/26/2025 — Referred to the House Committee on the Judiciary.
Sponsored by: John Rose
Cosponsors: - 8 - 5

Crime and Law Enforcement

Introduced
In Committee

What this bill would do

This bill, known as the "Safe Access to Cash Act of 2025," seeks to amend title 18 of the United States Code. It aims to clarify the legal definition of an ATM. The amendment defines an ATM as a network-connected terminal used for deposits, withdrawals, or balance inquiries. Crucially, it specifies that ATMs and the cash being moved into or out of them are considered to be in the care, custody, or control of a bank, credit union, or savings and loan. This applies regardless of whether the machine is on the institution's physical premises or owned by them.

Yes· 3 of 6

Does this make it easier to run a small business?+2
The bill provides legal clarity regarding the possession of assets for financial institutions, which can help stabilize operational and legal frameworks.
Would households on low incomes be better off under this?+1
Providing legal clarity for ATM assets helps maintain the stability of financial access points used by various income levels.
Would middle-income households be better off under this?+1
The bill's clarification of financial asset possession supports the stability of banking infrastructure used by middle-income families.