House Bill 7562 - Prohibition on IOER Act of 2024
Purpose and Summary
Chamber: House
Introduced date: 2024-03-06
Recent Activity
Referred to the House Committee on Financial Services.
Alternative Names
Prohibition on IOER Act of 2024
To amend the Federal Reserve Act to prohibit Federal reserve banks from paying interest on excess reserves.
Prohibition on IOER Act of 2024
Associated Legislation
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Policy Areas
Finance and Financial Sector
Potential Impact
Sponsors and Supporters
Rep. Davidson, Warren [R-OH-8]
Cosponsors and Supporters
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Committees and Subcommittees
Financial Services Committee
Variations and Revisions
Prohibition on IOER Act of 2024
3/18/2024, 10:22 PM
How will this effect me?
Referred to the House Committee on Financial Services.
Referred to the House Committee on Financial Services.
show more
Congress
118
Number
HR - 7562
Introduced on
2024-03-06
# Amendments
0
Sponsors
+5
Variations and Revisions
3/6/2024
Text
PDF
XML
Status of Legislation
Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote
Purpose and Summary
Referred to the House Committee on Financial Services.
Referred to the House Committee on Financial Services.
show more
Alternative Names
Official Title as Introduced
To amend the Federal Reserve Act to prohibit Federal reserve banks from paying interest on excess reserves.
Display Title
Prohibition on IOER Act of 2024
Official Title as Introduced
To amend the Federal Reserve Act to prohibit Federal reserve banks from paying interest on excess reserves.
Short Title(s) as Introduced
Prohibition on IOER Act of 2024
Policy Areas
Finance and Financial Sector
Comments
Most relevant
Recent Activity
Latest Action
3/6/2024
Referred to the House Committee on Financial Services.
Referred to the House Committee on Financial Services.
show more