S 929 · 93th Congress · Finance and Financial Sector

A bill to amend the Par Value Modification Act.

Introduced 1973-02-20· Sponsored by Sen. Sparkman, John J. [D-AL]· Senate

Bill Progress

Introduced
Committee
Senate Vote
4
House
5
Enacted
Latest: Referred to House Committee on Banking and Currency.(1973-06-29)

Recorded Votes

PassedSenate · 1973-04-05
Yea 79Nay 11
PassedSenate · 1973-04-05
Yea 79Nay 11

Plain Language Summary

[AI summary unavailable — showing source text] Authorizes the Secretary of the Treasury to take the necessary steps to establish the par value of the dollar of $1 equals 0.828948 Special Drawing Right or, the equivalent in terms of gold, of $1 equals 0.023684 of a fine troy ounce of gold. (Amends PL 92-268)…

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

Cosponsors (1)

1 Republican