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Municipal Bonds Emergency Relief Act
2/9/2022, 1:42 AM
Congressional Summary of S 3550
Municipal Bonds Emergency Relief Act
This bill allows the Federal Reserve Board in unusual and exigent circumstances to authorize Federal Reserve banks to buy and sell municipal bonds and other specified financial instruments.
Read the Full Bill
Current Status of Bill S 3550
Bill S 3550 is currently in the status of Bill Introduced since March 20, 2020. Bill S 3550 was introduced during Congress 116 and was introduced to the Senate on March 20, 2020. Bill S 3550's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of March 20, 2020
Bipartisan Support of Bill S 3550
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill S 3550
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill S 3550
Municipal Bonds Emergency Relief Act
Municipal Bonds Emergency Relief Act
A bill to amend the Federal Reserve Act to permit to the Board of Governors of the Federal Reserve System to engage in certain open market operations during unusual and exigent circumstances.
Comments
Sponsors and Cosponsors of S 3550
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