HR 1442
105th Congress
House
Finance and Financial Sector
Administrative procedure
Auditing
Bank records
Checks
Commerce
Competition
Congress
Congressional investigations
Congressional reporting requirements
Federal Reserve System
Fees
Financial deregulation
Financial services
Government Operations and Politics
Government paperwork
Law
Federal Reserve Free Enterprise Act
Introduced: April 24, 1997
See on congress.gov
Everywhere this bill has been
3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 16, 1997
Referred to the Subcommittee on Domestic and International Monetary Policy.
Apr 24, 1997
Referred to the House Committee on Banking and Financial Services.
Apr 24, 1997
Introduced in House
Plain-English summary
Federal Reserve Free Enterprise Act - Amends the Federal Reserve Act to specify new Federal Reserve bank services to be covered by a statutory fee schedule. Directs the Board of Governors of the Federal Reserve Bank (the Board) to publish the revised schedule.
Requires the Board, upon a competitor's request, to publish the price of service components.
Amends Federal law to instruct the Comptroller General to conduct an annual audit of the Board and the Federal reserve banks to determine compliance with fee establishment requirements.
Mandates an annual audit report to the Congress.
What's happening now
Referred to the Subcommittee on Domestic and International Monetary Policy.
Committees of jurisdiction
2
Cosponsors
1