HR 3756 · 97th Congress · Economics and Public Finance

A bill to provide that no Treasury note which is issued for a term of more than 3 years shall bear interest at a rate which is greater than 8 percent per annum.

Introduced 1981-06-02· Sponsored by Rep. Burton, John [D-CA-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Economic Stabilization.(1981-06-15)

Plain Language Summary

[AI summary unavailable — showing source text] Prohibits any Treasury note which is issued after the date of the enactment of this Act and which is for a term of more than three years from bearing an interest rate which is greater than eight percent per annum.…

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