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HCONRES 316 96th Congress House Commerce Business and commerce Federal Reserve System Finance and Financial Sector Government Operations and Politics Interest rates Small business

A concurrent resolution to express the sense of the Congress that the Board of Governors of the Federal Reserve System should establish the discount rate on commercial and industrial paper relating…

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A concurrent resolution to express the sense of the Congress that the Board of Governors of the Federal Reserve System should establish the discount rate on commercial and industrial paper relating to small businesses at a rate which is less than the discount rate for other types of commercial and industrial paper.

Introduced: April 2, 1980 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
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This resolution expired with the 96th Congress
It was not agreed to before the 96th Congress (1979–1980) adjourned, so it is no longer active. 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
Apr 2, 1980
Referred to House Committee on Banking, Finance and Urban Affairs.
Apr 2, 1980
Introduced in House
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 Plain-English summary Congressional Research Service

Expresses the sense of the Congress that the Board of Governors of the Federal Reserve System should establish a lower discount rate on commercial and industrial paper relating to small business concerns.

What's happening now April 2, 1980

Referred to House Committee on Banking, Finance and Urban Affairs.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). H. Con. Res. 316: A concurrent resolution to express the sense of the Congress that the Board of Governors of the Federal Reserve System should establish the discount rate on commercial and industrial paper relating to small businesses at a rate which is less than the discount rate for other types of commercial and industrial paper.. 96th Congress. Open America. https://openamerica.io/bill/96-HCONRES-316/
MLA
"H. Con. Res. 316: A concurrent resolution to express the sense of the Congress that the Board of Governors of the Federal Reserve System should establish the discount rate on commercial and industrial paper relating to small businesses at a rate which is less than the discount rate for other types of commercial and industrial paper.." 96th Congress, 2026, Open America, https://openamerica.io/bill/96-HCONRES-316/.
Bluebook (legal)
H. Con. Res. 316, 96th Cong. (2026), https://openamerica.io/bill/96-HCONRES-316/.
Markdown link
[H. Con. Res. 316: A concurrent resolution to express the sense of the Congress that the Board of Governors of the Federal Reserve System should establish the discount rate on commercial and industrial paper relating to small businesses at a rate which is less than the discount rate for other types of commercial and industrial paper.](https://openamerica.io/bill/96-HCONRES-316/)
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