legislation: 97-hr-7341

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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-7341 97 hr 7341 A bill to effectuate the Congressional directive that accounts established under Section 327 of the Garn-St Germain Depository Institutions Act of 1982 be directly equivalent and competitive with money market mutual funds. Finance and Financial Sector 1982-12-01 1982-12-01 Referred to House Committee on Banking, Finance and Urban Affairs. House Rep. Barnard, Doug, Jr. [D-GA-10] GA D B000153 0 Amends the Federal Reserve Act to permit the payment of interest on reserves held by any bank, savings and loan association, credit union, or mutual savings bank against accounts which are equivalent to and competitive with money market mutual funds under the Garn-St Germain Depository Institutions Act of 1982. 2024-02-06T19:38:08Z  

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