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<BillSummaries>
<item congress="113" measure-type="hr" measure-number="3240" measure-id="id113hr3240" originChamber="HOUSE" orig-publish-date="2013-10-03" update-date="2014-12-08">
<title>Regulation D Study Act</title>
<summary summary-id="id113hr3240v81" currentChamber="HOUSE" update-date="2014-12-08">
<action-date>2014-12-02</action-date>
<action-desc>Passed House without amendment</action-desc>
<summary-text><![CDATA[<p><b>(This measure has not been amended since it was introduced. The summary of that version is repeated here.)</b></p> <p>Regulation D Study Act - Directs the Comptroller General (GAO) to study the impact upon depository institutions, consumers, and monetary policy of the requirement that depository institutions maintain reserves in accordance with the Federal Reserve Act and Regulation D (Reserve Requirements of Depository Institutions). </p> <p>Requires such study to include: (1) a historic review of how the Board of Governors of the Federal Reserve System has used reserve requirements to conduct U.S. monetary policy, (2) the impact of the maintenance of reserves upon depository institutions, (3) the impact upon consumers in managing their accounts, and (4) alternatives available to the Board to maintain reserves to effect monetary policy.</p> <p> <p>]]></summary-text>
</summary>
<summary summary-id="id113hr3240v00" currentChamber="HOUSE" update-date="2014-12-08">
<action-date>2013-10-03</action-date>
<action-desc>Introduced in House</action-desc>
<summary-text><![CDATA[<p>Regulation D Study Act - Directs the Comptroller General (GAO) to study the impact upon depository institutions, consumers, and monetary policy of the requirement that depository institutions maintain reserves in accordance with the Federal Reserve Act and Regulation D (Reserve Requirements of Depository Institutions). </p> <p>Requires such study to include: (1) a historic review of how the Board of Governors of the Federal Reserve System has used reserve requirements to conduct U.S. monetary policy, (2) the impact of the maintenance of reserves upon depository institutions, (3) the impact upon consumers in managing their accounts, and (4) alternatives available to the Board to maintain reserves to effect monetary policy.</p>]]></summary-text>
</summary>
</item>
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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 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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