H.R. 459 (112th): Federal Reserve Transparency Act of 2012


Jan 26, 2011
112th Congress, 2011–2013

Died in a previous Congress

This bill was introduced in a previous session of Congress and was passed by the House on July 25, 2012 but was never passed by the Senate.


Ronald “Ron” Paul

Representative for Texas's 14th congressional district



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Last Updated: Jan 1, 2013
Length: 6 pages

About the bill

Full Title

To require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States, and for other purposes.

Summary (CRS)

7/25/2012--Passed House amended.Federal Reserve Transparency Act of 2012 - Directs the Comptroller General to: (1) complete, within 12 months of enactment of this Act, the required audit of the Board ... Read more >

The bill’s title was written by its sponsor.


Jan 26, 2011

This is the first step in the legislative process.

Jun 27, 2012
Reported by Committee

A committee has issued a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Jul 25, 2012
Passed House

The bill was passed in a vote in the House. It goes to the Senate next.

This is a House of Representatives bill in the United States Congress (indicated by the “H.R.” in “H.R. 459”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.


274 cosponsors (229R, 45D) (show)
Committee Assignments

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

On Motion to Suspend the Rules and Pass, as Amended
Jul 25, 2012 2:58 p.m.
Passed 327/98

Related Bills

Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.

H.R. 1207 (111th) was a previous version of this bill.

Referred to Committee
Last Action: Feb 26, 2009

S. 202 (identical)

Referred to Committee
Last Action: Jan 26, 2011

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Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

GovTrack gets most information from THOMAS, which is updated generally one day after events occur. Activity since the last update may not be reflected here. Data comes via the congress project.


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