United States · Bill · HR
H.R. 3097 (97th)
A bill to give the Federal Reserve Board authority to impose reserves on money market mutual funds.
Introduced
7 April 1981
Last action
—
Status
Subcommittee Hearings Held.
Sponsors
—
Subjects
Discovery layer
Source updated
6 February 2024
Summary
Amends the Federal Reserve Act to authorize the Federal Reserve Board: (1) to impose reserve requirements, in amounts which the Board shall determine, on the assets of money market mutual funds; and (2) to promulgate such other requirements as the Board determines are reasonably necessary to implement and maintain monetary policy.
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 7 April 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/3097
- Open data entity: https://api.congress.gov/v3/bill/97/hr/3097