A resolution expressing the sense of the House of Representatives that the Board of Governors of the Federal Reserve System should take prompt action to discourage the establishment of large lines of credit which may be used by large corporations for purposes of acquiring other corporations.

referredUnited States· United States Congress· EN

Introduced

18 September 1981

Last action

—

Status

Referred to Subcommittee on Domestic Monetary Policy.

Summary

Declares that it is the sense of the House of Representatives that the Board of Governors of the Federal Reserve System should take prompt and effective action to discourage, during periods of high interest rates, the establishment of large lines of credit which may be used by large corporations for purposes of acquiring other corporations.

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Documents

1 official file

Introduced in House
summary · EN · 18 September 1981
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/97th-congress/house-resolution/227
Open data entity: https://api.congress.gov/v3/bill/97/hres/227