S 2087 · 97th Congress · Economics and Public Finance

A bill to authorize the issuance of U.S. obligations secured by and redeemable in gold.

Introduced 1982-02-09· Sponsored by Sen. DeConcini, Dennis [D-AZ]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Committee on Banking requested executive comment from Treasury Department.(1982-03-09)

Plain Language Summary

[AI summary unavailable — showing source text] Authorizes the Secretary of the Treasury to issue, on a demonstration basis and at a rate of return not to exceed 75 percent of the rate of return on comparable medium-term government securities, United States obligations secured by and redeemable in gold.…

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