H.R. 146
119th Congress
House
Prohibition on IOER Act of 2025
Official title: To amend the Federal Reserve Act to prohibit Federal reserve banks from paying interest on excess reserves.
Finance and Financial Sector
Banking and financial institutions regulationFederal Reserve SystemFinancial services and investmentsInterest, dividends, interest rates
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 3, 2025
Referred to the House Committee on Financial Services.
Jan 3, 2025
Introduced in House
Votes taken on this bill
2
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| Mar 19, 2009 | Senate · vote #106 | On Passage of the Bill H.R. 146 | Passed | 77–20 | See who voted → |
| Mar 16, 2009 | Senate · vote #99 | On the Cloture Motion H.R. 146 | Agreed To | 73–21 | See who voted → |
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What's happening now
Referred to the House Committee on Financial Services.
Plain-English summary
Prohibition on IOER Act of 2025
This bill prohibits a Federal Reserve bank from paying interest to a depository institution on reserve balances in excess of minimum requirements.
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cite this page
U.S. Congress. (2026). H.R. 146: Prohibition on IOER Act of 2025. 119th Congress. Open America. https://openamerica.io/bill/119-HR-146/
"H.R. 146: Prohibition on IOER Act of 2025." 119th Congress, 2026, Open America, https://openamerica.io/bill/119-HR-146/.
H.R. 146, 119th Cong. (2026), https://openamerica.io/bill/119-HR-146/.
[H.R. 146: Prohibition on IOER Act of 2025](https://openamerica.io/bill/119-HR-146/)