Which Act requires that most non-tax federal payments be made via electronic transfer?

The Debt Collection Improvement Act requires that most non-tax federal payments be made via electronic transfer. This legislation was enacted to enhance the efficiency and effectiveness of federal payments, promoting the use of electronic transactions to reduce costs and improve the timeliness and reliability of payments. By mandating electronic transfers, the Act aims to streamline payment processes, increase access to funds for recipients, and reduce the use of paper checks, which can be slower and more prone to issues like theft or loss.

The other acts mentioned do not encompass the same requirement for federal payments. The Expedited Funds Availability Act primarily deals with the availability of deposited checks and doesn’t mandate electronic payments. The Electronic Fund Transfer Act establishes regulations for electronic fund transfers but does not require federal payments to be made through such means. The Uniform Commercial Code governs commercial transactions and contracts but does not specifically address federal payment methods.