Nonpartisan civic infrastructure
AllCiv·Legis1
·

H.Amdt. 486

AmendmentFederalHousePassed
H.Amdt.486 - Amendment removes the prohibition on banks from paying interest on business checking accounts and allows the Federal Reserve to pay interest on reserves that banks need to keep within the Federal Reserve system.
About This Bill
Passed
Latest Action · March 18, 2004
On agreeing to the Kelly amendment (A006) Agreed to by recorded vote: 418 - 0 (Roll no. 68).
Congress
108th (2003–2005)
Introduced
March 18, 2004
Cosponsors (0)
None

Summary

No plain-language summary has been published yet. A summary is written once the bill text is available.

Take Action

Your position
Add a comment
to comment on this bill.
Annotate the text
Highlight any passage on the Summary or Full Text tab to attach a note. Annotations appear on the Annotations tab.