legislation: 97-s-2526

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

Data license: Public Domain (U.S. Government data) · Data source: Federal Register API & Regulations.gov API

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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-s-2526 97 s 2526 Low Interest Rate Act of 1982 Finance and Financial Sector 1982-05-13 1982-08-02 Committee on Banking received executive comment from Federal Home Loan Bank Board. Generally unfavorable. Senate Sen. Cranston, Alan [D-CA] CA D C000877 7 Low Interest Rate Act of 1982 - Amends the Credit Control Act to repeal the provision of such Act which would terminate credit control authority on June 30, 1982. Makes such authority permanent. Permits the President to authorize the Board of Governors of the Federal Reserve System to regulate and control any or all extensions of credit whenever necessary or appropriate to reduce high levels of unemployment in any sector of the economy, or to prevent or control inflation or recession. Permits the Board, after receiving such presidential authorization, to prescribe limitations with respect to credit for nonproductive purposes. Amends the Credit Control Act to change the title of such Act to the Capitol Availability Act. 2025-08-29T19:51:40Z  

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