3.0.0 8982 2023-01-11T13:43:58Z 2023-01-11T13:43:58Z House HR 2020-12-16 116 [Congressional Record Volume 166, Number 213 (Wednesday, December 16, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. HILL of Arkansas:H.R. 8982.Congress has the power to enact this legislation pursuantto the following:Article I. Section 8, Clause 1[Page H7228]]]> hsba00 Financial Services Committee House Standing Referred to 2020-12-16T17:01:25Z 2020-12-16 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2020-12-16 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-12-16 Introduced in House IntroReferral 1000 9 Library of Congress H001072 Rep. Hill, J. French [R-AR-2] J. Hill R AR French 2 N Finance and Financial Sector Administrative law and regulatory procedures Advisory bodies Bank accounts, deposits, capital Federal Reserve System Federal officials Interest, dividends, interest rates Finance and Financial Sector 00 2020-12-16 Introduced in House 2021-01-28T14:47:55Z FOMC Policy Responsibility Act

This bill requires the Federal Open Market Committee to set the interest rates on balances maintained at Federal Reserve banks by or on behalf of depository institutions.

]]> FOMC Policy Responsibility Act Display Title FOMC Policy Responsibility Act Short Title(s) as Introduced FOMC Policy Responsibility Act Introduced in House IH Official Title as Introduced To amend the Federal Reserve Act to require the Federal Open Market Committee to establish interest rates on balances maintained at a Federal Reserve Bank by depository institutions. Introduced in House IH Introduced in House 2020-12-16T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr8982ih/xml/BILLS-116hr8982ih.xml 2020-12-16 Referred to the House Committee on Financial Services. text/xml EN 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. Congressional Research Service, Library of Congress 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.