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United States · Bill · HR

H.R. 7021 (97th)

A bill to remove the limitation on the maximum rate of interest which may be paid on certain balances maintained in a negotiable order of withdrawal account.

referredUnited States· United States Congress· EN

Introduced

19 August 1982

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

6 February 2024

Summary

Prohibits Federal regulation of the rate of interest which may be paid on balances in excess of $5,000 which are maintained in a negotiable order of withdrawal (NOW) account.

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Documents

1 official file

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