SRES 59 · 96th Congress · Finance and Financial Sector

Small Savers Equity Resolution of 1979

Introduced 1979-02-06· 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.(1979-02-06)

Plain Language Summary

[AI summary unavailable — showing source text] Small Savers Equity Resolution of 1979 - Requests the Board of Governors of the Federal Reserve System, the Federal Deposit Insurance Corporation, and the Federal Home Loan Bank Board to permit the issuance of certificates of deposit in minimum denominations of $1,000 or less bearing interest at a rate determined by reference to the interest rate payable on one or more classes of obligations of the United States.…

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