Federal Reserve System Services Act

Summary

Federal Reserve System Services Act - Amends the Federal Reserve Act to direct the Board of Governors of the Federal Reserve System to prepare and publish a schedule of fees for its services and a set of pricing principles no later than July 1, 1979, and to put a fee schedule into effect no later than July 1, 1980. Permits the Board to reduce the amount of reserves required from member banks in order to implement the pricing of its services. Authorizes the offering of Federal Reserve services to any depository institution under certain conditions.

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

Timeline

1. 27 February 1978

   Introduced

   Referred to Senate Committee on Banking, Housing and Urban Affairs.

   Source: IntroReferral

2. 27 February 1978

   Introduced

   Introduced in Senate

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

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

Documents

1 official file

• Introduced in Senate

  summary · EN · 27 February 1978

  Open at official source

Sponsors

• Sen. Proxmire, William [D-WI] · D · Sponsor
• Sen. Lugar, Richard G. [R-IN] · R · Cosponsor
• Sen. McIntyre, Thomas J. [D-NH] · D · Cosponsor
• Sen. Riegle, Donald W., Jr. [D-MI] · D · Cosponsor
• · ssbk00 · Standing

Related records

No cross-record relationships stored yet.