S 2454 · 93th Congress · Interest rates

A bill to assure an adequate flow of consumer savings into the home finance market by establishing rate ceilings on time deposits of less than $100,000.

Introduced 1973-09-20· Sponsored by Sen. Humphrey, Hubert H. [D-MN]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1973-09-20)

Plain Language Summary

[AI summary unavailable — showing source text] Establishes rate ceilings of 6 3/4 per cent on time deposits of less than $100,000 in any despository institution.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (10)

8 Democrats2 Republicans