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    <number>2754</number>
    <updateDate>2023-01-12T17:52:59Z</updateDate>
    <updateDateIncludingText>2023-01-12T17:52:59Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2007-06-15</introducedDate>
    <congress>110</congress>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2007-06-15T13:02:00Z</date>
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      <item>
        <actionDate>2007-06-15</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <actionCode>H11100</actionCode>
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          <code>2</code>
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            <name>Financial Services Committee</name>
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        <actionDate>2007-06-15</actionDate>
        <text>Sponsor introductory remarks on measure. (CR E1304-1305)</text>
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        <actionCode>B00100</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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        <actionDate>2007-06-15</actionDate>
        <text>Introduced in House</text>
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          <code>9</code>
          <name>Library of Congress</name>
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      <item>
        <actionDate>2007-06-15</actionDate>
        <text>Introduced in House</text>
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        <actionCode>1000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>P000583</bioguideId>
        <fullName>Rep. Paul, Ron [R-TX-14]</fullName>
        <firstName>RON</firstName>
        <lastName>PAUL</lastName>
        <party>R</party>
        <state>TX</state>
        <district>14</district>
        <isByRequest>N</isByRequest>
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    <cosponsors>
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        <bioguideId>G000535</bioguideId>
        <fullName>Rep. Gutierrez, Luis V. [D-IL-4]</fullName>
        <firstName>LUIS</firstName>
        <lastName>GUTIERREZ</lastName>
        <party>D</party>
        <state>IL</state>
        <middleName>V.</middleName>
        <district>4</district>
        <sponsorshipDate>2007-06-15</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>J000255</bioguideId>
        <fullName>Rep. Jones, Walter B., Jr. [R-NC-3]</fullName>
        <firstName>WALTER</firstName>
        <lastName>JONES</lastName>
        <party>R</party>
        <state>NC</state>
        <middleName>B.</middleName>
        <district>3</district>
        <sponsorshipDate>2007-06-15</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Economics and Public Finance</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Bank accounts</name>
        </item>
        <item>
          <name>Bank deposits</name>
        </item>
        <item>
          <name>Federal Reserve System</name>
        </item>
        <item>
          <name>Finance and Financial Sector</name>
        </item>
        <item>
          <name>Government Operations and Politics</name>
        </item>
        <item>
          <name>Government paperwork</name>
        </item>
        <item>
          <name>Government publicity</name>
        </item>
        <item>
          <name>Monetary policy</name>
        </item>
        <item>
          <name>Money</name>
        </item>
        <item>
          <name>Money market funds</name>
        </item>
        <item>
          <name>Mutual funds</name>
        </item>
        <item>
          <name>NOW accounts</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Economics and Public Finance</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2007-06-15</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2007-07-31T14:50:54Z</updateDate>
        <text><![CDATA[ <p>Sunshine in Monetary Policy Act - Requires the Board of Governors of the Federal Reserve System to continue to compile and to publish on a weekly basis the measure of the M3 monetary aggregate and the components of the M3 that are not included in the measure of the M2 monetary aggregate.</p> <p>Defines &quot;M3 monetary aggregate&quot; as the inclusive measure of money compiled by: (1) currency in circulation (plus traveler's checks), demand deposits, Negotiable Order of Withdrawal (NOW) accounts, and similar interest-earning checking account balances; (2) household holdings of savings deposits, small time deposits, and retail money market mutual fund balances (exclusive of balances held in IRA and Keogh accounts); and (3) institutional money market mutual fund balances and managed liabilities of depositories consisting of large time deposits, repurchase agreements, and Eurodollars.</p>]]></text>
      </summary>
    </summaries>
    <title>Sunshine in Monetary Policy Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Sunshine in Monetary Policy Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To require the Board of Governors of the Federal Reserve System to continue to make available to the public on a weekly basis information on the measure of the M3 monetary aggregate, and its components, and for other purposes.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Sunshine in Monetary Policy Act</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2007-06-15T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-110hr2754ih/xml/BILLS-110hr2754ih.xml</url>
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        </formats>
      </item>
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    <latestAction>
      <actionDate>2007-06-15</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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