A bill to permit the payment of interest on demand deposits which consist of public funds of the United States or of a State or a political subdivision or instrumentality of a State.

Summary

Amends the Federal Reserve Act to permit the payment of interest on demand deposits which consist of public funds of the United States or for a State or political subdivision or instrumentality of a State.

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

Timeline

1. 17 March 1976

   Introduced

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

   Source: IntroReferral

2. 17 March 1976

   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 · 17 March 1976

  Open at official source

Sponsors

• Sen. Proxmire, William [D-WI] · D · Sponsor
• Sen. Brooke, Edward W. [R-MA] · R · Cosponsor
• Sen. Stevenson, Adlai E., III [D-IL] · D · Cosponsor
• · ssbk00 · Standing

Related records

• related to → A bill to permit the payment of interest on demand deposits which consist of public funds of the United States or of a State or political subdivision or instrumentality of a State.