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  <bill>
    <number>344</number>
    <updateDate>2023-01-11T13:20:57Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:20:57Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2011-01-19</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. NEUGEBAUER:H.R. 344.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 2: ``The Congress shall havePower--To borrow Money on the credit of the United States.''Article I, Section 8, Clause 6: ``The Congress shall havePower--To coin Money, regulate the Value thereof, and offoreign Coin, and fix the Standard of Weights and Measures.''[Page H356]</pre>]]></constitutionalAuthorityStatementText>
    <committees>
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        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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            <systemCode>hsba19</systemCode>
            <name>Domestic Monetary Policy and Technology Subcommittee</name>
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                <name>Referred to</name>
                <date>2011-03-23T15:56:34Z</date>
              </item>
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        <activities>
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            <name>Referred to</name>
            <date>2011-01-19T15:04:10Z</date>
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    <actions>
      <item>
        <actionDate>2011-03-23</actionDate>
        <committees>
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            <systemCode>hsba19</systemCode>
            <name>Domestic Monetary Policy and Technology Subcommittee</name>
          </item>
        </committees>
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          <name>House committee actions</name>
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        <text>Referred to the Subcommittee on Domestic Monetary Policy and Technology.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2011-01-19</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>
          <name>House floor actions</name>
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            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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        <actionDate>2011-01-19</actionDate>
        <text>Introduced in House</text>
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          <code>9</code>
          <name>Library of Congress</name>
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      <item>
        <actionDate>2011-01-19</actionDate>
        <text>Introduced in House</text>
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        <actionCode>1000</actionCode>
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          <code>9</code>
          <name>Library of Congress</name>
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    </actions>
    <sponsors>
      <item>
        <bioguideId>N000182</bioguideId>
        <fullName>Rep. Neugebauer, Randy [R-TX-19]</fullName>
        <firstName>Randy</firstName>
        <lastName>Neugebauer</lastName>
        <party>R</party>
        <state>TX</state>
        <district>19</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>C001076</bioguideId>
        <fullName>Rep. Chaffetz, Jason [R-UT-3]</fullName>
        <firstName>Jason</firstName>
        <lastName>Chaffetz</lastName>
        <party>R</party>
        <state>UT</state>
        <district>3</district>
        <sponsorshipDate>2011-02-09</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000615</bioguideId>
        <fullName>Rep. Duncan, Jeff [R-SC-3]</fullName>
        <firstName>Jeff</firstName>
        <lastName>Duncan</lastName>
        <party>R</party>
        <state>SC</state>
        <district>3</district>
        <sponsorshipDate>2011-02-09</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <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>2011-02-09</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>R000593</bioguideId>
        <fullName>Rep. Ross, Dennis A. [R-FL-12]</fullName>
        <firstName>Dennis</firstName>
        <lastName>Ross</lastName>
        <party>R</party>
        <state>FL</state>
        <middleName>A.</middleName>
        <district>12</district>
        <sponsorshipDate>2011-03-08</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Economics and Public Finance</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Banking and financial institutions regulation</name>
        </item>
        <item>
          <name>Intergovernmental relations</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
        <item>
          <name>State and local finance</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Economics and Public Finance</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2011-01-19</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2011-03-23T18:48:39Z</updateDate>
        <text><![CDATA[ <p>Fiscal Responsibility Effective Enforcement Act of 2011 or FREE Act of 2011 - Amends the Federal Reserve Act to repeal the authority of a federal reserve bank to buy or sell bills, notes, revenue bonds, or warrants with a maturity date of six months issued by state or local governments, including municipalities and irrigation, drainage, and reclamation districts.</p>]]></text>
      </summary>
    </summaries>
    <title>FREE Act of 2011</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>FREE Act of 2011</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Federal Reserve Act to remove the power of Federal reserve banks to buy and sell municipal securities, and for other purposes.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>FREE Act of 2011</title>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Fiscal Responsibility Effective Enforcement Act of 2011</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2011-01-19T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-112hr344ih/xml/BILLS-112hr344ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2011-03-23</actionDate>
      <text>Referred to the Subcommittee on Domestic Monetary Policy and Technology.</text>
    </latestAction>
  </bill>
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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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