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United States · Bill · HR

H.R. 6168 (93rd)

A bill to amend and extend the Economic Stabilization Act of 1970.

passedUnited States· United States Congress· EN

Introduced

27 March 1973

Last action

16 April 1973 · Vote

Status

Measure laid on table in House, S. 398 passed in lieu.

Sponsors

Rep. Patman, Wright [D-TX-1], Rep. Barrett, William A. [D-PA-1], Rep. Sullivan, Leonor K. (Mrs. John B.) [D-MO-3], Rep. Reuss, Henry S. [D-WI-5], Rep. Moorhead, William S. [D-PA-14], Rep. St Germain, Fernand J. [D-RI-1], Rep. Minish, Joseph G. [D-NJ-11], Rep. Hanna, Richard T. [D-CA-34], Rep. Gettys, Tom S. [D-SC-5], Rep. Annunzio, Frank [D-IL-11], Rep. Rees, Thomas M. [D-CA-23], Rep. Hanley, James M. [D-NY-32], Rep. Brasco, Frank [D-NY-11], Rep. Koch, Edward I. [D-NY-18], Rep. Cotter, William R. [D-CT-1], Rep. Mitchell, Parren J. [D-MD-7], Del. Fauntroy, Walter E. [D-DC-At Large], Rep. Young, Andrew [D-GA-5], Rep. Moakley, John Joseph [D-MA-9], Rep. Stark, Fortney Pete [D-CA-9]

Subjects

Discovery layer

Source updated

1 August 2024

Summary

Freezes, under the Economic Stabilization Act of 1970, all prices and interest rates at levels no higher than those prevailing on March 16, 1973. Authorizes the President to roll back prices and interest rates to levels lower than those prevailing on such date. Provides for the stabilization of rents at levels prevailing on January 10, 1973. Authorizes the President to roll back rents to levels lower than those prevailing on such date. Provides for the regulation of credit for commodity futures trading by the Board of Governors of the Federal Reserve System. Establishes in the legislative branch an Officer of Consumer Counselor. Provides the Consumer Counselor with duties to carry out the provisions of this Act. Extends for one year (to 1974) the Economic Stabilization Act of 1970.

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

Timeline

  1. 27 March 1973

    Introduced

    Referred to House Committee on Banking and Currency.

    Source: IntroReferral

  2. 27 March 1973

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 27 March 1973

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 10 April 1973

    Reported

    Reported to House from the Committee on Banking and Currency with amendment, H. Rept. 93-114.

    Source: Committee

  5. 10 April 1973

    Reported

    Reported to House from the Committee on Banking and Currency with amendment, H. Rept. 93-114.

    Source: Committee

  6. 16 April 1973

    Vote

    Motion to recommit failed of passage in House, roll call #96 (164-243).

    Source: Floor

  7. 16 April 1973

    Vote

    Measure passed House, amended, roll call #97 (293-114).

    Source: Floor

  8. 16 April 1973

    Vote

    Passed/agreed to in House: Measure passed House, amended, roll call #97 (293-114).

    Source: Floor

Votes

No vote records are attached yet.

Versions

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

Documents

2 official files

Sponsors

Related records

Sources

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