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Bill113th CongressFiled Oct 3, 2013Finance and Financial Sector
H.R. 3240

Regulation D Study Act

Bill journey · stage 2 of 5

Under committee review

Filed
Comm.
Floor
Both
Law

What it doesSummary passed house without amendment (Dec 2, 2014)

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Regulation D Study Act - Directs the Comptroller General (GAO) to study the impact upon depository institutions, consumers, and monetary policy of the requirement that depository institutions maintain reserves in accordance with the Federal Reserve Act and Regulation D (Reserve Requirements of Depository Institutions).

Requires such study to include: (1) a historic review of how the Board of Governors of the Federal Reserve System has used reserve requirements to conduct U.S. monetary policy, (2) the impact of the maintenance of reserves upon depository institutions, (3) the impact upon consumers in managing their accounts, and (4) alternatives available to the Board to maintain reserves to effect monetary policy.

What just happenedDec 3, 2014

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Who’s behind it

Rep. Pittenger, Robert [R-NC-9](R-NC)Sponsor
34 cosponsors19 D15 R
Read on Congress.gov
34cosponsors2committees18actions6subjects
  • Referred in SenateDec 3, 2014
  • Engrossed in HouseDec 2, 2014
  • Reported in HouseDec 2, 2014
  • Introduced in HouseOct 3, 2013
  1. Dec 3, 2014IntroReferral

    Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

  2. Dec 2, 2014FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  3. Dec 2, 2014FloorH37300

    On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 422 - 0 (Roll no. 538). (text: CR H8244-8245)

  4. Dec 2, 2014Floor8000

    Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 422 - 0 (Roll no. 538).(text: CR H8244-8245)

  5. Dec 2, 2014FloorH30000

    Considered as unfinished business. (consideration: CR H8260-8261)

  6. Dec 2, 2014FloorH37220

    At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

  7. Dec 2, 2014FloorH8D000

    DEBATE - The House proceeded with forty minutes of debate on H.R. 3240.

  8. Dec 2, 2014FloorH30000

    Considered under suspension of the rules. (consideration: CR H8244-8246)

  9. Dec 2, 2014FloorH30300

    Mr. Luetkemeyer moved to suspend the rules and pass the bill.

  10. Dec 2, 2014CalendarsH12410

    Placed on the Union Calendar, Calendar No. 480.

  11. Dec 2, 2014CommitteeH12200

    Reported by the Committee on Financial Services. H. Rept. 113-640.

  12. Dec 2, 2014Committee5000

    Reported by the Committee on Financial Services. H. Rept. 113-640.

  13. Jul 29, 2014Committee

    Ordered to be Reported by Voice Vote.

  14. Jul 29, 2014Committee

    Committee Consideration and Mark-up Session Held.

  15. Jul 15, 2014Committee

    Hearings Held by the Subcommittee on Financial Institutions and Consumer Credit Prior to Referral.

  16. Oct 3, 2013IntroReferralH11100

    Referred to the House Committee on Financial Services.

  17. Oct 3, 2013IntroReferralIntro-H

    Introduced in House

  18. Oct 3, 2013IntroReferral1000

    Introduced in House

Passed House without amendmentDec 2, 201481

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Regulation D Study Act - Directs the Comptroller General (GAO) to study the impact upon depository institutions, consumers, and monetary policy of the requirement that depository institutions maintain reserves in accordance with the Federal Reserve Act and Regulation D (Reserve Requirements of Depository Institutions).

Requires such study to include: (1) a historic review of how the Board of Governors of the Federal Reserve System has used reserve requirements to conduct U.S. monetary policy, (2) the impact of the maintenance of reserves upon depository institutions, (3) the impact upon consumers in managing their accounts, and (4) alternatives available to the Board to maintain reserves to effect monetary policy.

Introduced in HouseOct 3, 2013

Regulation D Study Act - Directs the Comptroller General (GAO) to study the impact upon depository institutions, consumers, and monetary policy of the requirement that depository institutions maintain reserves in accordance with the Federal Reserve Act and Regulation D (Reserve Requirements of Depository Institutions).

Requires such study to include: (1) a historic review of how the Board of Governors of the Federal Reserve System has used reserve requirements to conduct U.S. monetary policy, (2) the impact of the maintenance of reserves upon depository institutions, (3) the impact upon consumers in managing their accounts, and (4) alternatives available to the Board to maintain reserves to effect monetary policy.

Regulation D Study Act — Informed