[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1539 Introduced in House (IH)]







106th CONGRESS
  1st Session
                                H. R. 1539

       To repeal the stock loan limit in the Federal Reserve Act.


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                    IN THE HOUSE OF REPRESENTATIVES

                             April 22, 1999

Mrs. Roukema (for herself and Mr. Vento) introduced the following bill; 
 which was referred to the Committee on Banking and Financial Services

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                                 A BILL


 
       To repeal the stock loan limit in the Federal Reserve Act.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Stock Loan Limit Repeal Act of 
1999''.

SEC. 2. REPEAL OF STOCK LOAN LIMIT IN FEDERAL RESERVE ACT.

    Section 11 of the Federal Reserve Act (12 U.S.C. 248) is amended by 
striking the paragraph designated as ``(m)'' and inserting the 
following:
            ``(m) [Repealed]''.
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