[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1094 Introduced in House (IH)]







106th CONGRESS
  1st Session
                                H. R. 1094

   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

                             March 11, 1999

   Mr. Leach (for himself, Mr. LaFalce, Mr. Bachus, 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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