United States · Bill · S
S. 3101 (93rd)
A bill to prescribe a standard for increasing the money supply.
Introduced
4 March 1974
Last action
—
Status
Referred to Senate Committee on Banking, Housing and Urban Affairs.
Sponsors
—
Subjects
Discovery layer
Source updated
14 January 2025
Summary
Directs the Board of Governors of the Federal Reserve System to insure that the rate of increase in the amount of currency in circulation and demand deposits is not less than one-half of 1 percent nor greater than 1 1/4 percent per quarter. Authorizes exceptions to such percentage minimums upon a finding and a report to the Congress by the Board of Governors of the Federal Reserve System that extraordinary economic conditions exist.
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Votes
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Versions
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Documents
1 official file
Introduced in Senate
summary · EN · 4 March 1974
Sponsors
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Related records
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Sources
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- Official source: https://www.congress.gov/bill/93rd-congress/senate-bill/3101
- Open data entity: https://api.congress.gov/v3/bill/93/s/3101