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United States · Bill · HR

H.R. 4546 (93rd)

A bill to amend the Par Value Modification Act.

referredUnited States· United States Congress· EN

Introduced

21 February 1973

Last action

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Status

Referred to House Committee on Banking and Currency.

Sponsors

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Subjects

Discovery layer

Source updated

1 August 2024

Official sourceView documentsShare

Summary

Authorizes the Secretary of the Treasury to establish a new par value of the dollar of $1 equals 0.828948 Special Drawing Right or, the equivalent in terms of gold, of $1 equals 0.023684 of a fine troy ounce of gold (presently one thirty-eighth of a fine troy ounce of gold) for the purpose of defining the legal standard for the relationship of the dollar to gold for the purpose of issuing gold certificates. (Amends P.L. 92-268)

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Documents

1 official file

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