United States · Bill · HR
H.R. 1916 (97th)
Financial Industry Equity Act
Introduced
18 February 1981
Last action
—
Status
Subcommittee Hearings Held.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Financial Industry Equity Act - Amends the Federal Reserve Act to authorize the Board of Governors of the Federal Reserve System to impose reserve requirements on the assets of open-end investment companies, on the deposits in transaction accounts held by persons other than depository institutions who offer transaction accounts, and on similar financial instruments. States that such reserves shall be in such form as the Board shall prescribe.
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Documents
1 official file
Introduced in House
summary · EN · 18 February 1981
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/house-bill/1916
- Open data entity: https://api.congress.gov/v3/bill/97/hr/1916