<?xml version="1.0" encoding="utf-8" standalone="no"?>
<billStatus>
  <version>3.0.0</version>
  <bill>
    <number>245</number>
    <updateDate>2023-01-11T13:21:01Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:21:01Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2011-01-07</introducedDate>
    <congress>112</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. PENCE:H.R. 245.Congress has the power to enact this legislation pursuantto the following:The Congress enacts this bill pursuant to Clause 5 ofSection 8 of Article I of the United States Constitution.[Page H137]</pre>]]></constitutionalAuthorityStatementText>
    <committees>
      <item>
        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <subcommittees>
          <item>
            <systemCode>hsba19</systemCode>
            <name>Domestic Monetary Policy and Technology Subcommittee</name>
            <activities>
              <item>
                <name>Hearings by</name>
                <date>2012-05-08T20:56:38Z</date>
              </item>
              <item>
                <name>Referred to</name>
                <date>2011-03-23T15:49:14Z</date>
              </item>
            </activities>
          </item>
        </subcommittees>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2011-01-07T14:02:25Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2012-05-08</actionDate>
        <committees>
          <item>
            <systemCode>hsba19</systemCode>
            <name>Domestic Monetary Policy and Technology Subcommittee</name>
          </item>
        </committees>
        <sourceSystem>
          <code>1</code>
          <name>House committee actions</name>
        </sourceSystem>
        <text>Subcommittee Hearings Held.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2011-03-23</actionDate>
        <committees>
          <item>
            <systemCode>hsba19</systemCode>
            <name>Domestic Monetary Policy and Technology Subcommittee</name>
          </item>
        </committees>
        <sourceSystem>
          <code>1</code>
          <name>House committee actions</name>
        </sourceSystem>
        <text>Referred to the Subcommittee on Domestic Monetary Policy and Technology.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2011-01-07</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
        <committees>
          <item>
            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
          </item>
        </committees>
      </item>
      <item>
        <actionDate>2011-01-07</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>Intro-H</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2011-01-07</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>1000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
    </actions>
    <sponsors>
      <item>
        <bioguideId>P000587</bioguideId>
        <fullName>Rep. Pence, Mike [R-IN-6]</fullName>
        <firstName>MIKE</firstName>
        <lastName>PENCE</lastName>
        <party>R</party>
        <state>IN</state>
        <district>6</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>M001177</bioguideId>
        <fullName>Rep. McClintock, Tom [R-CA-4]</fullName>
        <firstName>Tom</firstName>
        <lastName>McClintock</lastName>
        <party>R</party>
        <state>CA</state>
        <district>4</district>
        <sponsorshipDate>2011-01-18</sponsorshipDate>
        <isOriginalCosponsor>False</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>2011-05-03</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001054</bioguideId>
        <fullName>Rep. Hayworth, Nan A. S. [R-NY-19]</fullName>
        <firstName>Nan</firstName>
        <lastName>Hayworth</lastName>
        <party>R</party>
        <state>NY</state>
        <middleName>A. S.</middleName>
        <district>19</district>
        <sponsorshipDate>2011-05-04</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>Q000024</bioguideId>
        <fullName>Rep. Quayle, Benjamin [R-AZ-3]</fullName>
        <firstName>Benjamin</firstName>
        <lastName>Quayle</lastName>
        <party>R</party>
        <state>AZ</state>
        <district>3</district>
        <sponsorshipDate>2012-02-03</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Economics and Public Finance</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Inflation and prices</name>
        </item>
        <item>
          <name>Monetary policy</name>
        </item>
        <item>
          <name>Unemployment</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Economics and Public Finance</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2011-01-07</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2011-01-21T22:34:27Z</updateDate>
        <text><![CDATA[ <p>Amends the Federal Reserve Act to repeal the joint mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to make maximum employment one of the goals of their duty to maintain long run growth of the monetary and credit aggregates commensurate with the U.S. economy's long run potential to increase production.</p>]]></text>
      </summary>
    </summaries>
    <title>To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment.</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment.</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Federal Reserve Act to remove the mandate on the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to focus on maximum employment.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2011-01-07T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-112hr245ih/xml/BILLS-112hr245ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2012-05-08</actionDate>
      <text>Subcommittee Hearings Held.</text>
    </latestAction>
  </bill>
  <dublinCore xmlns:dc="http://purl.org/dc/elements/1.1/">
    <dc:format>text/xml</dc:format>
    <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>
  </dublinCore>
</billStatus>
