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HR 4359 105th Congress House

To amend the Federal Reserve Act to broaden the range of discount window loans which may be used as collateral for Federal reserve notes.

Introduced: July 30, 1998 See on congress.gov
Finance and Financial Sector Agricultural creditAgriculture and FoodBank loansBank notes
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Economics and Public FinanceFederal Reserve SystemHousing and Community DevelopmentMortgage loansSurety and fidelity
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This bill died when the 105th Congress ended
It never became law before the 105th Congress (1997–1998) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 30, 1998
Referred to the House Committee on Banking and Financial Services.
Jul 30, 1998
Introduced in House
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 Latest action July 30, 1998

Referred to the House Committee on Banking and Financial Services.

 Plain-English summary Congressional Research Service

Amends the Federal Reserve Act to expand the types of collateral security which may be required in a Federal Reserve bank application for Federal Reserve notes to include: (1) acceptances acquired under provisions for emergency advances to member banks; (2) receipts of deposits and collections; and (3) discounts of agricultural paper.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Waters, Maxine
California · Jul 30, 1998
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4359: To amend the Federal Reserve Act to broaden the range of discount window loans which may be used as collateral for Federal reserve notes.. 105th Congress. Open America. https://openamerica.io/bill/105-HR-4359/
MLA
"H.R. 4359: To amend the Federal Reserve Act to broaden the range of discount window loans which may be used as collateral for Federal reserve notes.." 105th Congress, 2026, Open America, https://openamerica.io/bill/105-HR-4359/.
Bluebook (legal)
H.R. 4359, 105th Cong. (2026), https://openamerica.io/bill/105-HR-4359/.
Markdown link
[H.R. 4359: To amend the Federal Reserve Act to broaden the range of discount window loans which may be used as collateral for Federal reserve notes.](https://openamerica.io/bill/105-HR-4359/)
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