H.R. 1176: Centennial Monetary Commission Act of 2013

Introduced:
Mar 14, 2013 (113th Congress, 2013–2015)
Sponsor:
Rep. Kevin Brady [R-TX8]
Status:
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 assigned to a congressional committee on March 14, 2013, which will consider it before possibly sending it on to the House or Senate as a whole.

Progress
Introduced Mar 14, 2013
Referred to Committee Mar 14, 2013
Reported by Committee ...
Passed House ...
Passed Senate ...
Signed by the President ...
Prognosis

6% chance of getting past committee.
1% chance of being enacted.

Only 11% of House bills made it past committee and only 3% were enacted in 2011–2013. [ methodology]

Cosponsors
17 cosponsors (17R) (show)
Committees

House Financial Services

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

Full Title

To establish a commission to examine the United States monetary policy, evaluate alternative monetary regimes, and recommend a course for monetary policy going forward.

Summary

No summaries available.

Text

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Last updated Mar 14, 2013.
12 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.

3/14/2013--Introduced.
Centennial Monetary Commission Act of 2013 - Establishes the Centennial Monetary Commission to:
(1) examine how U.S. monetary policy since the creation of the Federal Reserve Board in 1913 has affected the performance of the U.S. economy in terms of output, employment, prices, and financial stability over time;
(2) evaluate various operational regimes under which the Board and the Federal Open Market Committee may conduct monetary policy in terms achieving the maximum sustainable level of output and employment and price stability over the long term; and
(3) recommend a course for U.S. monetary policy going forward.

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:

United States Code

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