HR 4005 · 97th Congress · Economics and Public Finance

Anti Inflationary Lending Act of 1981

Introduced 1981-06-24· Sponsored by Rep. Reuss, Henry S. [D-WI-5]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1981-07-06)

Plain Language Summary

[AI summary unavailable — showing source text] Anti-Inflationary Lending Act of 1981 - Amends the Federal Reserve Act to authorize the Federal Reserve Board, during periods in which it finds inflationary dangers present, to permit depository institutions to enter into agreements to emphasize loans that combat inflation. Requires the approval of the Attorney General before any such agreement may be implemented.…

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

Cosponsors (1)

1 Democrat
Rep. St Germain, Fernand J. [D-RI-1]RI