United States · Bill · HR
H.R. 12915 (93rd)
A bill to amend the Federal Reserve Act and the Federal Deposit Insurance Act to provide a minimum rate of interest which banks must pay on Christmas club accounts.
Introduced
20 February 1974
Last action
—
Status
Referred to House Committee on Banking and Currency.
Sponsors
—
Subjects
Discovery layer
Source updated
1 August 2024
Summary
Provides, under the Federal Reserve Act and the Federal Deposit Insurance Act, a minimum rate of interest which banks must pay on Christmas club accounts equal to the rate paid on its savings deposits. (Amends 12 U.S.C. 371b, 1828(g))
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 20 February 1974
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/93rd-congress/house-bill/12915
- Open data entity: https://api.congress.gov/v3/bill/93/hr/12915