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BILL SPONSOR
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Robert Pittenger
Republican - NC
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TRACK BILL
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Sponsor Party
Republican
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Congress
113
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Bill Number
H.R.3240
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Date Introduced
10/3/2013
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Bill Progress
BILL INTRODUCED 10/3/2013
SENATE PASSED
HOUSE PASSED
PRESIDENT TO PRESIDENT
PRESIDENT SIGNS
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H.R.3240 : To instruct the Comptroller General of the United States to study the impact of Regulation D, and for other purposes.
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- Rate Bill
Not yet rated
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Regulation D Study Act - Directs the Comptroller General (GAO) to study the impact upon depository institutions, consumers, and monetary policy of the requirement that depository institutions maintain reserves in accordance with specified law (Regulation D).
Requires such study to include: (1) a historic review of how the Board of Governors of the Federal Reserve System has used reserve requirements to conduct U.S. monetary policy, (2) the impact of the maintenance of reserves upon depository institutions, (3) the impact upon consumers in managing their accounts, and (4) alternatives available to the Board to maintain reserves to effect monetary policy.