Prohibition on IOER Act of 2024

United States118th CongressHR-7562House of Representatives
Updated: Mar 6, 2024

Summary

Prohibition on IOER Act of 2024 This bill prohibits a Federal Reserve bank from paying interest to a depository institution on reserve balances in excess of minimum requirements.

Bill texts

Available versions
Introduced (House)View official text

1 version available

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Timeline

  1. Introduced in House

  2. Referred to the House Committee on Financial Services.

    House of Representatives

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