[Congressional Bills 105th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4359 Introduced in House (IH)]







105th CONGRESS
  2d Session
                                H. R. 4359

   To amend the Federal Reserve Act to broaden the range of discount 
window loans which may be used as collateral for Federal reserve notes.


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                    IN THE HOUSE OF REPRESENTATIVES

                             July 30, 1998

   Mr. Leach (for himself, Mr. LaFalce, Mr. Castle, and Ms. Waters) 
 introduced the following bill; which was referred to the Committee on 
                     Banking and Financial Services

_______________________________________________________________________

                                 A BILL


 
   To amend the Federal Reserve Act to broaden the range of discount 
window loans which may be used as collateral for Federal reserve notes.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled, That the 2d sentence of 
the 2d undesignated paragraph of section 16 of the Federal Reserve Act 
(12 U.S.C. 412) is amended by striking ``acceptances acquired under 
section 13 of this Act'' and inserting ``acceptances acquired under 
section 10A, 10B, 13, or 13A of this Act''.
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