HR 8628 · 94th Congress · Interest rates

A bill to provide for adjusting the amount of interest paid on funds deposited with the Treasury of the United States pursuant to an act of August 20, 1912, titled "An Act To Accept and Fund the Bequest of Gertrude M. Hubbard." (37 Stat. 319).

Introduced 1975-07-14· Sponsored by Rep. Nedzi, Lucien N. [D-MI-14]· House

Bill Progress

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Introduced
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Committee
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House Vote
4
Senate
5
Enacted
Latest: Measure laid on table in House, S. 2620 passed in lieu.(1976-02-02)

Plain Language Summary

[AI summary unavailable — showing source text] Provides for adjusting the rate of interest paid on funds deposited with the Treasury of the United States as the bequest of Gertrude M. Hubbard to a rate at least equal to or higher than the current annual rate of 4 percent, under conditions set forth in this Act.…

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