United States · Bill · HR
H.R. 3535 (98th)
Demand Deposit Equity Act of 1983
Introduced
12 July 1983
Last action
—
Status
Subcommittee Hearings Held.
Sponsors
—
Subjects
Discovery layer
Source updated
29 August 2025
Summary
Demand Deposit Equity Act of 1983 - Amends the Federal Reserve Act to repeal the provision of such Act which prohibited member banks from paying interest on demand deposits. Amends the Federal Deposit Insurance Act, the Home Owners' Loan Act and the Federal Credit Union Act to permit depository institutions to offer interest-bearing demand deposits (NOW accounts).
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Votes
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Versions
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Documents
1 official file
Introduced in House
summary · EN · 12 July 1983
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/98th-congress/house-bill/3535
- Open data entity: https://api.congress.gov/v3/bill/98/hr/3535