Amendment114th Congress
An amendment No. 18 printed in Part B of House Report 114-326 to the Senate amendment to the text to execute a liquidation of the Federal Reserve surplus account and remittance of funds to the U.S. Treasury. Amendment also dissolves the existence of the surplus account on a go-forward basis and ensures that future net earnings of the Federal Reserve, in excess of dividend paid, are remitted to the U.S. Treasury.
- Amendment Number
- 824
- Description
- An amendment No. 18 printed in Part B of House Report 114-326 to the Senate amendment to the text to execute a liquidation of the Federal Reserve surplus account and remittance of funds to the U.S. Treasury. Amendment also dissolves the existence of the surplus account on a go-forward basis and ensures that future net earnings of the Federal Reserve, in excess of dividend paid, are remitted to the U.S. Treasury.
- Purpose
- Amendment executes a liquidation of the Federal Reserve surplus account and remittance of funds to the U.S. Treasury; dissolves the existence of the surplus account on a go-forward basis; and ensures that future net earnings of the Federal Reserve, in excess of dividend paid, are remitted to the U.S. Treasury.
- Congress
- 114
- Type
- HAMDT
- Latest Action Date
- Nov 5, 2015
- Latest Action Text
- On agreeing to the Neugebauer amendment (A091) Agreed to by recorded vote: 354 - 72 (Roll no. 622). (consideration: CR H8131-8132)
- Latest Action Time
- 10:55:25
- Submitted Date
- Nov 5, 2015
- Chamber
- House of Representatives
- Update Date
- Dec 15, 2020