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United States · Bill · HR

H.R. 4209 (106th)

Bank Reserves Modernization Act of 2000

openUnited States· United States Congress· EN

Introduced

6 April 2000

Last action

Status

Placed on the Union Calendar, Calendar No. 580.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

Bank Reserves Modernization Act of 2000 - Amends the Federal Reserve Act to declare that depository institution balances maintained at a Federal reserve bank may receive earnings to be paid by the Federal reserve bank at least once each calendar quarter. Authorizes the Board of Governors of the Federal Reserve System to prescribe implementing regulations.

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Documents

6 official files

Reported in House (text)

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