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HR 4209 106th Congress House Finance and Financial Sector Administrative procedure Bank reserves Federal Reserve System Government Operations and Politics Interest Law

Bank Reserves Modernization Act of 2000

Introduced: April 6, 2000 See on congress.gov
 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 17, 2000
Placed on the Union Calendar, Calendar No. 580.
Oct 17, 2000
Reported (Amended) by the Committee on Banking and Financial Services. H. Rept. 106-983.
May 17, 2000
Ordered to be Reported (Amended) by Voice Vote.
May 17, 2000
Committee Consideration and Mark-up Session Held.
May 3, 2000
Committee Hearings Held.
Apr 6, 2000
Referred to the House Committee on Banking and Financial Services.
Apr 6, 2000
Introduced in House
 Plain-English summary Congressional Research Service
Bank Reserves Modernization Act of 2000 - Amends the Federal Reserve Act to declare that depository institution balances maintained at a Federal reserve bank may receive earnings to be paid by the Federal reserve bank at least once each calendar quarter.

Authorizes the Board of Governors of the Federal Reserve System to prescribe implementing regulations.

What's happening now October 17, 2000

Placed on the Union Calendar, Calendar No. 580.

 Committees of jurisdiction 1