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United States · Bill · HR

H.R. 636 (99th)

Parity in Clearing Act

referredUnited States· United States Congress· EN

Introduced

24 January 1985

Last action

Status

Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Parity in Clearing Act - Amends the Federal Reserve Act to permit depository institutions (including national banks, federally-insured banks, credit unions, savings or mutual savings banks, and savings and loan associations) to receive for deposit and as deposits any evidences of transaction accounts from other such institutions or from any Federal Reserve bank without regard to any Federal or State law restricting the location or number of such depository institutions.

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Documents

1 official file

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Sources

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