legislation: 96-s-2161

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
96-s-2161 96 s 2161 A bill to provide equitable relief for parties to contracts containing gold clauses. Finance and Financial Sector 1979-12-20 1979-12-20 Referred to Senate Committee on the Judiciary. Senate Sen. Helms, Jesse [R-NC] NC R H000463 0 Grants to the Federal district courts jurisdiction (without regard to the amount in controversy or citizenship of the parties) of civil actions brought by parties to contracts or agreements which: (1) were executed before June 5, 1933, and remained in effect after the date of enactment; (2) provided for the payment of consideration in gold or its equivalent in United States currency; and (3) were declared to be unenforceable as against public policy under the joint resolution of June 5, 1933. Authorizes the court, after consideration of specified factors, to make an appropriate order to modify or adjust such obligations or rescind such contracts or agreements. 2025-07-21T19:32:26Z  

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