HR 4502 · 97th Congress · Finance and Financial Sector

National Commission on Interest Rates Act

Introduced 1981-09-16· Sponsored by Rep. Parris, Stanford E. (Stan) [R-VA-8]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1981-10-09)

Plain Language Summary

[AI summary unavailable — showing source text] National Commission on Interest Rates Act - Establishes, as an independent instrumentality of the United States, a National Commission on Interest Rates. Directs the Commission, in consultation with the Board of Governors of the Federal Reserve System, to make a full and complete investigation of, and make recommendations with respect to ways to establish moderate and stable interest rates. Directs the Commission to submit a final written report to the President and the Congress within a specified time limit. Terminates the Commission 60 days after it submits its final report to Congress. Authorizes appropriations.…

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