7562 -- Prohibition on IOER Act of 2024 | Poliscope

Prohibition on IOER Act of 2024

7562

118th Congress

Finance and Financial Sector

In Committee

Legislative Progress

✓

Introduced

Committee

Floor Vote

Other Chamber

Enacted

Introduced

March 6, 2024

Latest Action

March 6, 2024

Primary Sponsor

Warren DavidsonRepublican(OH)

Momentum (last 30 days)

score

0 actions · 0 new cosponsors · 0 votes

Speed vs cohort

0pct

0d open

vs 10,564 other HR bills in the 118th — cohort avg 68d

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.

Actions (2)

March 6, 2024

Referred to the House Committee on Financial Services.

March 6, 2024

Introduced in House

Congress.gov source codes: 1000, Intro-H

Committees

Committee	Chamber	Activity	Date
Financial Services Committee	House	Referred to	March 6, 2024

Text Versions

Version	Date	Links
Introduced in House	March 6, 2024	XML

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Sources: Congress.gov