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United States · Law · S

S. 2620 (94th)

A bill to provide for adjusting the amount of interest paid on funds deposited with the Treasury of the United States pursuant to the act of August 20, 1912 (37 Stat. 319).

openUnited States· United States Congress· EN

Introduced

5 November 1975

Last action

Status

Public law 94-290.

Sponsors

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Provides that the rate of interest paid on funds deposited with the Treasury of the United States as the bequest of Gertrude M. Hubbard shall be 0.25 percentage points less than a rate determined by the Secretary of the Treasury or four percent, whichever is greater (previously the interest rate was four percent).

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Documents

3 official files

Public Law (PDF)

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