Interest Rate Control Act Amendments

reportedUnited States· United States Congress· EN

Introduced

14 September 1978

Last action

4 October 1978 · Reported

Status

Reported to Senate from the Committee on Banking, Housing and Urban Affairs with amendment, S. Rept. 95-1273.

Summary

Extends the authority of the Board of Governors of the Federal Reserve System to regulate interest rates on deposits and share accounts in depository institutions from December 15, 1980. Prohibits the establishment, by State or Federal law, of interest rate differentials between: (1) banks, other than savings banks, the deposits of which are insured by the Federal Deposit Insurance Corporation; and (2) savings and loan, building and loan, or homestead associations (including cooperative banks) the deposits of which are insured by the FSLIC, or mutual savings banks, on savings deposits or accounts from which transfers to the depository institution itself, or to a demand or other deposit account of the same depositor or account holder may be made automatically or as a normal practice pursuant to the authorization of such a depositor or account holder.

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Timeline

14 September 1978
Introduced
Introduced in Senate
Source: IntroReferral
14 September 1978
Introduced
Referred to Senate Committee on Banking, Housing and Urban Affairs.
Source: IntroReferral
4 October 1978
Reported
Reported to Senate from the Committee on Banking, Housing and Urban Affairs with amendment, S. Rept. 95-1273.
Source: Committee
4 October 1978
Reported
Reported to Senate from the Committee on Banking, Housing and Urban Affairs with amendment, S. Rept. 95-1273.
Source: Committee

Votes

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Versions

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Documents

2 official files

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Reported to Senate with amendment(s)
summary · EN · 4 October 1978
Open at official source
Introduced in Senate
summary · EN · 14 September 1978
Open at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Vertaal naar
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

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/95th-congress/senate-bill/3499
Open data entity: https://api.congress.gov/v3/bill/95/s/3499
us · 95-s-3499 · source updated 14 January 2025