United States · Bill · HR
H.R. 274 (97th)
A bill to provide for steady, noninflationary growth in the money supply.
Introduced
5 January 1981
Last action
—
Status
Referred to Subcommittee on Domestic Monetary Policy.
Sponsors
—
Subjects
Discovery layer
Source updated
6 February 2024
Summary
Amends the Federal Reserve Act to require that the time, character, and volume of all purchases and sales of paper eligible for open-market operations be governed with a view to: (1) maintaining a constant general level of domestic prices; (2) avoiding destabilizing changes in total purchasing power; and (3) fostering a steady growth in the aggregate of demand deposits and currency in circulation approximately equal to the long-run growth in real national product.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 5 January 1981
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/97th-congress/house-bill/274
- Open data entity: https://api.congress.gov/v3/bill/97/hr/274