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Mr. DAVIS of Illinois. Mr. Speaker, I yield myself as much time as I may consume.
H.R. 6073 would require the Office of Personnel Management to allow Federal employees to receive electronic pay stubs. Most Federal employees receive their pay electronically, which is faster and less costly than using paper checks. This bill helps extend that cost savings to the rest of the payroll process.
More than a decade ago, Congress passed a law requiring that almost all Federal employees be paid by electronic funds transfer, commonly known as direct deposit. Electronic funds transfer is more secure and costs less than printing and distributing paper checks. Employees also have access to their funds sooner, because they do not have to deposit or cash their checks. However, many Federal agencies still print and distribute paper pay stubs for their employees, limiting the gains in efficiency from using electronic funds transfer.
This bill will encourage agencies to handle their entire payroll process electronically. The Office of Personnel Management and the Office of Management and Budget have no objections to this bill. It's a commonsense measure that will help make payroll faster and more efficient, and I want to commend and thank Representative Foxx for introducing it. I appreciate her work in helping us get this bill to the floor and all of her work on the committee.
I also want to thank Chairmen WAXMAN and TOWNS and Ranking Member TOM DAVIS for their support for the bill and urge its swift adoption.
I reserve the balance of my time.
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