A bill to provide that no Treasury note which is issued for a term of more than 3 years shall bear interest at a rate which is greater than 8 percent per annum.

Summary

Prohibits any Treasury note which is issued after the date of the enactment of this Act and which is for a term of more than three years from bearing an interest rate which is greater than eight percent per annum.

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

Timeline

1. 2 June 1981

   Introduced

   Referred to House Committee on Banking, Finance and Urban Affairs.

   Source: IntroReferral

2. 2 June 1981

   Introduced

   Introduced in House

   Source: IntroReferral

3. 2 June 1981

   Introduced

   Introduced in House

   Source: IntroReferral

4. 15 June 1981

   Referred

   Referred to Subcommittee on Economic Stabilization.

   Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

• Introduced in House

  summary · EN · 2 June 1981

  Open at official source

Sponsors

• Rep. Burton, John [D-CA-5] · D · Sponsor
• · hsba00 · Standing
• · hswm00 · Standing

Related records

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