Home > News & Policies > October 2003

For Immediate Release
Office of the Press Secretary
October 28, 2003

Statement on H.R. 1474
Statement by the President

Today I have signed into law H.R. 1474, the "Check Clearing for the 21st Century Act." This Act is intended to update and modernize the Nation's check payment and collection systems. Section 16(b) of the Act purports to require executive branch officials to submit to the Congress recommendations for legislative action. The executive branch shall construe section 16(b) in a manner consistent with the President's authority under the Recommendations Clause of the Constitution to submit for the consideration of the Congress such measures as the President shall judge necessary or expedient.

GEORGE W. BUSH

THE WHITE HOUSE,

October 28, 2003.

# # #