HR 3305 · 96th Congress · Finance and Financial Sector

A bill to amend the National Housing Act to reduce the amount of the reserve requirement on insured accounts in Federal savings and loan associations.

Introduced 1979-03-28· Sponsored by Rep. St Germain, Fernand J. [D-RI-1]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Banking, Finance and Urban Affairs.(1979-03-28)

Plain Language Summary

[AI summary unavailable — showing source text] Amends the National Housing Act to reduce the amount of the reserve requirement on insured accounts in Federal savings and loan associations to four percent from five percent.…

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