HR 1016 · 94th Congress · Finance and Financial Sector

Tax and Loan Account Interest Act

Introduced 1975-01-14· Sponsored by Rep. Seiberling, John F. [D-OH-14]· House

Bill Progress

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Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Currency and Housing.(1975-01-14)

Plain Language Summary

[AI summary unavailable — showing source text] Tax and Loan Account Interest Act - Terminates the insurance of any bank under the Federal Deposit Insurance Act, which fails to pay the Federal funds rate of interest on all tax and loan accounts.…

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