H.R. 2782 (108th): Monetary Freedom and Accountability Act

Introduced:
Jul 17, 2003 (108th Congress, 2003–2004)
Sponsor:
Rep. Ronald “Ron” Paul [R-TX14]
Status:
Died (Referred to Committee)

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was introduced on July 17, 2003, in a previous session of Congress, but was not enacted.

Progress
Introduced Jul 17, 2003
Cosponsors
none
Committees

House Financial Services

House Rules

The committee chair determines whether a bill will move past the committee stage.

Full Title

To amend title 31, United States Code, to limit the use by the President and the Secretary of the Treasury of the Exchange Stabilization Fund to buy or sell gold without congressional approval, and for other purposes.

Summary

No summaries available.

Text

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Last updated Jul 17, 2003.
4 pages

Primary Source

View on THOMAS (The Library of Congress)

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Citation

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

7/17/2003--Introduced.
Monetary Freedom and Accountability Act - Amends Federal law governing stabilization of exchange rates and arrangements by the Department of the Treasury to prohibit the Secretary of the Treasury from using the Exchange Stabilization Fund to buy, sell, or otherwise interfere in the market for gold in order to affect its free market price, unless Congress approves in the form of the adoption of either a specified joint resolution, or other Act of Congress, according to a prescribed procedure.

House Republican Conference Summary

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No summary available.

House Democratic Caucus Summary

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The bill contains the following citations to other parts of U.S. law:

Slip Laws

Slip laws refer to enacted bills and joint resolutions in their original form as enacted by Congress, that is, before other laws amend them. Slip laws are cited as “Public Law XXX-YYY”, where XXX is the number of the Congress in which the bill or resolution was introduced.

United States Code

The United States Code is the compilation of permanent laws enacted by Congress. Temporary and other non-permanent laws do not appear in the United States Code. (About half of the United States Code is the law itself, called positive law. The other half is merely a compilation of the laws but has no legal significance.)

Statutes at Large

The United States Statutes at Large is the compilation of all laws enacted by Congress.

  • 102 Stat. 2632 et seq.