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Searching...- Bills
- H.R.1396
H.R.1396: Economic Growth and Price Stability Act of 1997
About This Bill
- This bill was introduced in the 105th Congress
- This bill is primarily about congress
- Introduced April 17, 1997
- Latest Major Action May 16, 1997
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsors
5 (All Republicans)
Bill Summary
Economic Growth and Price Stability Act of 1997 - Amends the Federal Reserve Act to repeal the mandate of the Board of Governors of the Federal Reserve System and the Federal Open Market Committee to maintain long run growth of monetary and credit aggregates in order to promote maximum employment, stable prices, and moderate long-term interest rates. Replaces such mandate with a mandate to: (1) establish an explicit numerical definition of...
(Source: Library of Congress)
Bill Actions
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Referred to the Committee on Banking and Financial Services, and in addition to the Committees on Education and the Workforce, and the Budget, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
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Referred to House Banking and Financial Services
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Referred to House Education and the Workforce
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Referred to House Budget
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Referred to the Subcommittee on Postsecondary Education, Training and Life-Long Learning.
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Referred to the Subcommittee on Domestic and International Monetary Policy.
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| April 17, 1997 |
Introduced in the House by H. James Saxton (R-N.J.) |