Skip to main content
HRES 227 97th Congress House

A resolution expressing the sense of the House of Representatives that the Board of Governors of the Federal Reserve System should take prompt action to discourage the establishment of large lines of…

Official title: A resolution expressing the sense of the House of Representatives that the Board of Governors of the Federal Reserve System should take prompt action to discou… Show full official titleShow less

Official title: A resolution expressing the sense of the House of Representatives that the Board of Governors of the Federal Reserve System should take prompt action to discourage the establishment of large lines of credit which may be used by large corporations for purposes of acquiring other corporations.

Introduced: September 30, 1981 See on congress.gov
Finance and Financial Sector Corporate financeCorporate reorganizationsCorporations and StocksCredit
Sign in to write a letter Sign in to watch
This resolution expired with the 97th Congress
It was not agreed to before the 97th Congress (1981–1982) adjourned, so it is no longer active.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 3 steps
Introduced
In committee
Reported out
Agreed to (House)
Nov 5, 1981
Referred to Subcommittee on Domestic Monetary Policy.
Sep 18, 1981
Referred to House Committee on Banking, Finance and Urban Affairs.
Sep 18, 1981
Introduced in House
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Latest action November 5, 1981

Referred to Subcommittee on Domestic Monetary Policy.

 Plain-English summary Congressional Research Service

Declares that it is the sense of the House of Representatives that the Board of Governors of the Federal Reserve System should take prompt and effective action to discourage, during periods of high interest rates, the establishment of large lines of credit which may be used by large corporations for purposes of acquiring other corporations.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Markey, Edward J.
Massachusetts · Sep 30, 1981
Cite this page click to expand
APA
U.S. Congress. (2026). H. Res. 227: A resolution expressing the sense of the House of Representatives that the Board of Governors of the Federal Reserve System should take prompt action to discourage the establishment of large lines of credit which may be used by large corporations for purposes of acquiring other corporations.. 97th Congress. Open America. https://openamerica.io/bill/97-HRES-227/
MLA
"H. Res. 227: A resolution expressing the sense of the House of Representatives that the Board of Governors of the Federal Reserve System should take prompt action to discourage the establishment of large lines of credit which may be used by large corporations for purposes of acquiring other corporations.." 97th Congress, 2026, Open America, https://openamerica.io/bill/97-HRES-227/.
Bluebook (legal)
H. Res. 227, 97th Cong. (2026), https://openamerica.io/bill/97-HRES-227/.
Markdown link
[H. Res. 227: A resolution expressing the sense of the House of Representatives that the Board of Governors of the Federal Reserve System should take prompt action to discourage the establishment of large lines of credit which may be used by large corporations for purposes of acquiring other corporations.](https://openamerica.io/bill/97-HRES-227/)
Report a problem