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United States · Bill · HR

H.R. 3240 (113th)

Regulation D Study Act

referredUnited States· United States Congress· EN

Introduced

3 October 2013

Last action

3 December 2014 · Introduced

Status

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Rep. Pittenger, Robert [R-NC-9], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Westmoreland, Lynn A. [R-GA-3], Sen. Cotton, Tom [R-AR], Rep. King, Peter T. [R-NY-2], Rep. Michaud, Michael H. [D-ME-2], Rep. Stivers, Steve [R-OH-15], Rep. Veasey, Marc A. [D-TX-33], Sen. Peters, Gary C. [D-MI], Rep. Fitzpatrick, Michael G. [R-PA-8], Rep. Ross, Dennis A. [R-FL-15], Rep. Lucas, Frank D. [R-OK-3], Rep. Murphy, Patrick [D-FL-18], David Scott, Rep. Foster, Bill [D-IL-11], Rep. Rothfus, Keith J. [R-PA-12], Rep. Kilmer, Derek [D-WA-6], Rep. Luetkemeyer, Blaine [R-MO-3], Rep. Honda, Michael M. [D-CA-15], Paul Cook, Rep. Amodei, Mark E. [R-NV-2], Rep. Ruiz, Raul [D-CA-25], Del. Norton, Eleanor Holmes [D-DC-At Large], Rep. Negrete McLeod, Gloria [D-CA-35], Rep. Huffman, Jared [D-CA-2], Rep. Heck, Joseph J. [R-NV-3], Rep. Vargas, Juan [D-CA-52], Rep. Costa, Jim [D-CA-21], Rep. Denham, Jeff [R-CA-10], Rep. Swalwell, Eric [D-CA-15], Rep. Lowenthal, Alan S. [D-CA-47], Rep. Latta, Robert E. [R-OH-5], Rep. Takano, Mark [D-CA-39], Rep. Loebsack, David [D-IA-2], Rep. Joyce, David P. [R-OH-14]

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Regulation D Study Act - Directs the Comptroller General (GAO) to study the impact upon depository institutions, consumers, and monetary policy of the requirement that depository institutions maintain reserves in accordance with the Federal Reserve Act and Regulation D (Reserve Requirements of Depository Institutions). Requires such study to include: (1) a historic review of how the Board of Governors of the Federal Reserve System has used reserve requirements to conduct U.S. monetary policy, (2) the impact of the maintenance of reserves upon depository institutions, (3) the impact upon consumers in managing their accounts, and (4) alternatives available to the Board to maintain reserves to effect monetary policy.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 3 October 2013

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 3 October 2013

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 3 October 2013

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 15 July 2014

    Committee

    Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

    Source: Committee

  5. 29 July 2014

    Reported

    Ordered to be Reported by Voice Vote.

    Source: Committee

  6. 29 July 2014

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  7. 2 December 2014

    Vote

    On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 422 - 0 (Roll no. 538). (text: CR H8244-8245)

    Source: Floor

  8. 2 December 2014

    Vote

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

    Source: Floor

  9. 2 December 2014

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 3240.

    Source: Floor

  10. 2 December 2014

    Floor

    Mr. Luetkemeyer moved to suspend the rules and pass the bill.

    Source: Floor

  11. 2 December 2014

    Calendars

    Placed on the Union Calendar, Calendar No. 480.

    Source: Calendars

  12. 2 December 2014

    Reported

    Reported by the Committee on Financial Services. H. Rept. 113-640.

    Source: Committee

  13. 2 December 2014

    Reported

    Reported by the Committee on Financial Services. H. Rept. 113-640.

    Source: Committee

  14. 2 December 2014

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  15. 2 December 2014

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 422 - 0 (Roll no. 538).(text: CR H8244-8245)

    Source: Floor

  16. 2 December 2014

    Floor

    Considered under suspension of the rules. (consideration: CR H8244-8246)

    Source: Floor

  17. 3 December 2014

    Introduced

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

10 official files

Referred in Senate (text)

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  • Referred in Senate (text)

    Referred in Senate · EN · 3 December 2014

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  • Referred in Senate (PDF)

    Referred in Senate · EN · 3 December 2014

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  • Reported in House (text)

    Reported in House · EN · 2 December 2014

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  • Reported in House (PDF)

    Reported in House · EN · 2 December 2014

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  • Engrossed in House (text)

    Engrossed in House · EN · 2 December 2014

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 2 December 2014

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  • Passed House without amendment

    summary · EN · 2 December 2014

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  • Introduced in House (text)

    Introduced in House · EN · 3 October 2013

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  • Introduced in House (PDF)

    Introduced in House · EN · 3 October 2013

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  • Introduced in House

    summary · EN · 3 October 2013

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Sponsors

Related records

No cross-record relationships stored yet.

Sources

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