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United States · Bill · HR

H.R. 10381 (93rd)

A bill to amend the Federal Deposit Insurance Act and the Federal Reserve Act to require every bank insured under the Federal Insurance Act to maintain reserves against its deposits in the same manner and to the same extent as are member banks under the Federal Reserve Act, and for other purposes.

referredUnited States· United States Congress· EN

Introduced

19 September 1973

Last action

Status

Referred to House Committee on Banking and Currency.

Sponsors

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Requires every bank insured under the Federal Deposit Insurance Act to maintain reserves against its deposits in the same manner and to the same extent as are comparably located member banks under the Federal Reserve Act. Requires increases in reserves in five years to 85 percent of deposits.

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Documents

1 official file

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Sources

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