United States · Bill · S
S. 1687 (104th)
Federal Reserve Surplus Act of 1996
Introduced
18 April 1996
Last action
—
Status
Read twice and referred to the Committee on Banking.
Sponsors
—
Subjects
Discovery layer
Source updated
21 August 2025
Summary
Federal Reserve Surplus Act of 1996 - Amends the Federal Reserve Act to direct the Board of Governors of the Federal Reserve System to transfer annually to the Financing Corporation specified amounts from surplus funds of the Federal reserve banks in order to cover the interest on obligations issued by the Financing Corporation.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
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Votes
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Versions
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Documents
3 official files
Introduced in Senate (text)
Introduced in Senate (text)
Introduced in Senate · EN · 18 April 1996
Introduced in Senate (PDF)
Introduced in Senate · EN · 18 April 1996
Introduced in Senate
summary · EN · 18 April 1996
Sponsors
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Related records
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Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/104th-congress/senate-bill/1687
- Open data entity: https://api.congress.gov/v3/bill/104/s/1687