Difference between revisions of "Defunding any potential Federal Reserve municipal bond bailout"

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(Created page with "'''AMENDMENT TO H.R. [XXXX], AS REPORTED''' '''OFFERED BY [NAME OF MEMBER] OF [STATE]''' At the end of the bill insert the following: Sec. [XXX]. None of the funds made a...")
 
 
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At the end of the bill insert the following:
 
At the end of the bill insert the following:
  
Sec. [XXX]. None of the funds made available under this or any other Act, or any prior Appropriations Act may be used to make or agree to any loan or purchase under Section 14(2)(b)(1) of the Federal Reserve Act (Public Law 63-43).
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Sec. [XXX]. Notwithstanding Section 14(2)(b)(1) of the Federal Reserve Act, the Federal Reserve shall not  make or agree to any loan or purchase under that section.

Latest revision as of 19:27, 16 June 2015

AMENDMENT TO H.R. [XXXX], AS REPORTED

OFFERED BY [NAME OF MEMBER] OF [STATE]

At the end of the bill insert the following:

Sec. [XXX]. Notwithstanding Section 14(2)(b)(1) of the Federal Reserve Act, the Federal Reserve shall not make or agree to any loan or purchase under that section.