S.3550: Municipal Bonds Emergency Relief Act

About This Bill

  • Introduced March 20, 2020
  • Latest Major Action March 20, 2020

Bill Version

Bill Summary

Municipal Bonds Emergency Relief Act This bill allows the Federal Reserve Board in unusual and exigent circumstances to authorize Federal Reserve banks to buy and sell municipal bonds and other specified financial instruments.

(Source: Library of Congress)

Bill Actions

Date Description
March 20, 2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
March 20, 2020

Introduced in the Senate by Robert Menendez (D-N.J.)

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