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United States · Bill · S

S. 3699 (93rd)

A bill to amend the Federal Reserve Act to modify reserve requirements of member banks of the Federal Reserve System.

referredUnited States· United States Congress· EN

Introduced

25 June 1974

Last action

Status

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

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Modifies reserve requirements of member banks of the Federal Reserve System, such that, in the case of any deposit other than a demand deposit, the minimum reserve ratio shall be not less than 1 percent and not more than 10 percent.

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Votes

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Versions

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Documents

1 official file

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Sources

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