SJRES 160 · 93th Congress ·
A joint resolution to provide for an extension of certain laws relating to the payment of interest on time and savings deposits, and for other purposes.
Bill Progress
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Introduced2
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EnactedLatest: Public law 93-123.(1973-10-15)
Plain Language Summary
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Requires the Secretary of the Treasury, the Board of Governors of the Federal Reserve System, the Board of Directors of the Federal Deposit Insurance Corporation, and the Federal Home Loan Bank Board to take action to limit the rates of interest or dividends which may be paid on time deposits of less than $100,000 by institutions regulated by them.…
Summarized by Claude AI · Non-partisan · For informational purposes only