HR 4502 · 97th Congress · Finance and Financial Sector
National Commission on Interest Rates Act
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to Subcommittee on Financial Institutions Supervision, Regulation and Insurance.(1981-10-09)
Plain Language Summary
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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