The use of "float" has dramatically increased since the Check Clearing for the 21^st Century Act was passed.

Name: The use of "float" has dramatically increased since the Check Clearing for the 21 st Century Act was passed.
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Quizplus · Accepted Answer

The Check Clearing for the 21st Century Act was actually passed in 2003, and the use of "float" has been on the decline since then due to the Act's provisions promoting faster check processing and clearing times.

The Use of "Float" Has Dramatically Increased Since the Check