S 3163 · 94th Congress · Finance and Financial Sector

A bill to permit the payment of interest on demand deposits which consist of public funds of the United States or of a State or a political subdivision or instrumentality of a State.

Introduced 1976-03-17· Sponsored by Sen. Proxmire, William [D-WI]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to Senate Committee on Banking, Housing and Urban Affairs.(1976-03-17)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the Federal Reserve Act to permit the payment of interest on demand deposits which consist of public funds of the United States or for a State or political subdivision or instrumentality of a State.…

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

Cosponsors (2)

1 Democrat1 Republican