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United States · Bill · S

S. 1994 (97th)

Credit Conservation Act of 1982

openUnited States· United States Congress· EN

Introduced

16 December 1981

Last action

Status

Committee on Banking requested executive comment from Federal Reserve System; Treasury Department; Council of Economic Advisers.

Sponsors

Subjects

Discovery layer

Source updated

29 August 2025

Summary

Credit Conservation Act of 1982 - Directs the President to take appropriate actions on a voluntary basis to encourage banking or other financial institutions to exercise restraint in extending credit for unproductive large-scale corporate takeovers and other speculative purposes. Declares that such actions shall include consultation and cooperation with the Board of Governors of the Federal Reserve System.

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Documents

1 official file

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Sources

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