Skip to main content
S 1075 99th Congress Senate Finance and Financial Sector Advisory bodies Auditing Federal Reserve System Federal advisory bodies Government Operations and Politics

A bill to authorize and direct the General Accounting Office to audit the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and Federal Reserve banks and their…

Show full title

A bill to authorize and direct the General Accounting Office to audit the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and Federal Reserve banks and their branches.

Introduced: May 6, 1985 Introduced by: Grassley, Chuck Republican · Iowa See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 99th Congress ended
It never became law before the 99th Congress (1985–1986) 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
May 6, 1985
Read twice and referred to the Committee on Banking.
May 6, 1985
Introduced in Senate
 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.

 Plain-English summary Congressional Research Service

Directs the Comptroller General to audit, each fiscal year, the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and all Federal Reserve banks and their branches.

Requires the Comptroller General, within six months after the end of each fiscal year, to report to the Congress on the results of such audit.

What's happening now May 6, 1985

Read twice and referred to the Committee on Banking.

 Related & companion bills 1
  • HR 70 Identical bill A bill to authorize and direct the General Accounting Office to audit the Federal Reserve Board, the Federal Advisory C…
 Committees of jurisdiction 1
Cite this page click to expand
APA
U.S. Congress. (2026). S. 1075: A bill to authorize and direct the General Accounting Office to audit the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and Federal Reserve banks and their branches.. 99th Congress. Open America. https://openamerica.io/bill/99-S-1075/
MLA
"S. 1075: A bill to authorize and direct the General Accounting Office to audit the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and Federal Reserve banks and their branches.." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-S-1075/.
Bluebook (legal)
S. 1075, 99th Cong. (2026), https://openamerica.io/bill/99-S-1075/.
Markdown link
[S. 1075: A bill to authorize and direct the General Accounting Office to audit the Federal Reserve Board, the Federal Advisory Council, the Federal Open Market Committee, and Federal Reserve banks and their branches.](https://openamerica.io/bill/99-S-1075/)
Report a problem