INCREASE IN PENALTY FOR BAD CHECKS.

SEC. 5071. INCREASE IN PENALTY FOR BAD CHECKS. (a) General Rule.— Section 6657 of the 1986 Code (relating to bad checks) is amended— (1) by striking out “1 percent” and inserting in lieu thereof “2 percent”, (2) by striking out “$500” and inserting in lieu thereof “$750”, and (3) by striking out “$5” and inserting in lieu thereof “$15”. (b) Effective Date.— The amendment made by subsection (a) shall apply to checks or money orders received after the date of the enactment of this Act.