HR 5024 · 96th Congress · Finance and Financial Sector

A bill to amend chapter 53 of title 5, United States Code, to increase the salaries of the Chairman and members of the Federal Reserve Board.

Introduced 1979-07-31· Sponsored by Rep. Neal, Stephen L. [D-NC-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to House Committee on Post Office and Civil Service.(1979-07-31)

Plain Language Summary

[AI summary unavailable — showing source text] Increases the salaries of: (1) the Chairman of the Board of Governors of the Federal Reserve System by reclassifying the position (currently at level II of the Executive Schedule) as a position at level I of the Executive Schedule; and (2) the members of the Board by reclassifying such positions (currently at level III of the Executive Schedule) as positions at level II of the Executive Schedule.…

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