Bill118th CongressFiled Mar 17, 2023Finance and Financial Sector
H.R. 1662
Emergency Liquidity Act of 2023
Bill journey · stage 2 of 5
Under committee review
FiledFiled
CommitteeComm.
PassedFloor
Both ChambersBoth
Became LawLaw
What it doesSummary introduced in house (Mar 17, 2023)
Emergency Liquidity Act of 2023
This bill requires the Board of Governors of the Federal Reserve System to establish and maintain a permanent emergency lending program through which a Federal reserve bank may provide short-term liquidity to member banks or other depository institutions that pledge collateral eligible for purchase by the Federal reserve banks in open market operations.
What just happenedMar 17, 2023
Referred to the House Committee on Financial Services.
Who’s behind it
Rep. Torres, Ritchie [D-NY-15](D-NY)Sponsor
1committees3actions
- Introduced in HouseMar 17, 2023
- Mar 17, 2023IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - Mar 17, 2023IntroReferralIntro-H
Introduced in House
- Mar 17, 2023IntroReferral1000
Introduced in House