A bill to amend the Federal Reserve Act to establish special asset reserve requirements for all financial institutions to maintain a fund from which moneys may be drawn for the purpose of purchasing mortgages.

referredUnited States· United States Congress· EN

Introduced

13 February 1975

Last action

—

Status

Referred to House Committee on Banking, Currency and Housing.

Summary

Establishes, under the Federal Reserve Act, special asset reserve requirements for all financial institutions. States that such reserves are to be used to maintain a fund from which moneys can be drawn for the purchase of mortgages.

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Votes

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Versions

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Documents

1 official file

Introduced in House
summary · EN · 13 February 1975
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/94th-congress/house-bill/3135
Open data entity: https://api.congress.gov/v3/bill/94/hr/3135