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United States · Resolution · HRES

H.Res. 227 (97th)

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

5 November 1981 · Referred

Status

Referred to Subcommittee on Domestic Monetary Policy.

Sponsors

Sen. Jeffords, James M. [I-VT], Rep. Leach, James A. [R-IA-2], Rep. Heckler, Margaret M. [R-MA-10], Rep. DeNardis, Lawrence J. [R-CT-3], Rep. Pursell, Carl D. [R-MI-2], Sen. Snowe, Olympia J. [R-ME], Rep. Schneider, Claudine [R-RI-2], Rep. Hollenbeck, Harold C. [R-NJ-9], Rep. Bedell, Berkley W. [D-IA-6], Rep. Glickman, Dan [D-KS-4], Sen. Simon, Paul [D-IL], Rep. D'Amours, Norman E. [D-NH-1], Rep. Jones, Ed [D-TN-8], Rep. Mineta, Norman Y. [D-CA-15], Sen. Markey, Edward J. [D-MA], Rep. LaFalce, John J. [D-NY-29], Sen. Mikulski, Barbara A. [D-MD], Rep. Vento, Bruce F. [D-MN-4], Rep. Tauke, Thomas Joseph [R-IA-2], Rep. Edgar, Robert W. [D-PA-7], Rep. Hughes, William J. [D-NJ-2], Rep. Eckart, Dennis E. [D-OH-11], Rep. Lundine, Stanley N. [D-NY-34], Rep. Rinaldo, Matthew J. [R-NJ-7], Rep. Conyers, John, Jr. [D-MI-13], Rep. Fish, Hamilton, Jr. [R-NY-19], Rep. Dyson, Roy [D-MD-1], Rep. Savage, Gus [D-IL-2], Rep. Beilenson, Anthony C. [D-CA-24], Rep. McGrath, Raymond J. [R-NY-5], Rep. Pepper, Claude [D-FL-18], Rep. AuCoin, Les [D-OR-1], Rep. Frank, Barney [D-MA-4], Rep. Benjamin, Adam, Jr. [D-IN-1], Rep. Fazio, Vic [D-CA-3], Rep. Lowry, Mike [D-WA-7], Rep. Morrison, Sid [R-WA-4], Rep. Miller, George [D-CA-11], Rep. Walgren, Doug [D-PA-18], Del. Won Pat, Antonio B. [D-GU-At Large], Rep. Patterson, Jerry M. [D-CA-38], Rep. Seiberling, John F. [D-OH-14], Rep. Foglietta, Thomas M. [D-PA-1]

Subjects

Discovery layer

Source updated

6 February 2024

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.

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

Timeline

  1. 18 September 1981

    Introduced

    Referred to House Committee on Banking, Finance and Urban Affairs.

    Source: IntroReferral

  2. 18 September 1981

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 18 September 1981

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 5 November 1981

    Referred

    Referred to Subcommittee on Domestic Monetary Policy.

    Source: Committee

Votes

No vote records are attached yet.

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

1 official file

Leesvertaling

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Sponsors

Related records

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Sources

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