United States · Bill · HR
H.R. 119 (93rd)
A bill to vest in the Government of the United States the full, absolute, complete, and unconditional ownership of the 12 Federal Reserve banks.
Introduced
3 January 1973
Last action
—
Status
Referred to House Committee on Banking and Currency.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Vests in the Government of the United States the full, absolute, complete, and unconditional ownership of the twelve Federal Reserve banks. Requires all member banks of the Federal Reserve System to deliver to the Treasurer of the United States all the stock of said Federal Reserve banks owned or controlled by them, together with all claims to the capital assets of the Federal Reserve banks. Authorizes necessary appropriations to carry out the provisions of this Act.
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 3 January 1973
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/93rd-congress/house-bill/119
- Open data entity: https://api.congress.gov/v3/bill/93/hr/119