; and (2) by redesignating subsections (c) through (f) as subsections (a) through (d), respectively. (e) Regulations and reports by Board Section 609 of the Expedited Funds Availability Act ( 12 U.S.C. 4008 ) is amended— (1) in subsection (b)(8), by striking , pursuant to the study under subsection (f) ; (2) by striking subsections (d) and (f); and (3) by redesignating subsection (e) as subsection (d). (f) GAO study Not later than 90 days after the date of enactment of this Act, the Comptroller General of the United States shall publish a study on the impact of payment delays on disadvantaged communities, including underbanked communities, and future access to and use of financial services by those communities. (g) Federal Reserve report Not later than 90 days after the date of enactment of this Act, the Board of Governors of the Federal Reserve System shall submit to Congress a report on the progress of the FedNow instant payment infrastructure, including— (1) any obstacles encountered with respect to institutions opting to utilize FedNow or participants using FedNow; and (2) any challenges anticipated with respect to expanding the utilization of FedNow.