legislation: 97-hr-6132

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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
97-hr-6132 97 hr 6132 A bill to amend section 5590 of the Revised Statutes to provide for adjusting the rate of interest paid on funds of the Smithsonian Institution deposited with the Treasury of the United States as a permanent loan. Finance and Financial Sector 1982-04-21 1982-06-22 Became Public Law No: 97-199. House Rep. Boland, Edward P. [D-MA-2] MA D B000600 2 (Measure passed House, amended) Permits the adjustment of interest (currently limited to six percent per annum) paid on funds of the Smithsonian Institution which are deposited with the United States Treasury for the perpetual maintenance and support of the Smithsonian Institution. Requires investment of such funds in public debt securities with maturities bearing interest at rates which take into consideration the current average yield on outstanding marketable obligations of the United States of comparable maturities. Makes the provisions of this Act applicable to fiscal years beginning after FY 1982. 2025-01-14T17:21:40Z  

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