To amend the Federal Reserve Act to require the Federal Open Market Committee to establish interest rates on balances maintained at a Federal Reserve Bank by depository institutions.
The bill’s titles are written by its sponsor.
Sponsor and status
Sponsor. Representative for New York's 22nd congressional district. Republican.
Last Updated: Dec 12, 2018
Length: 4 pages
115th Congress (2017–2019)
This bill was introduced on September 13, 2018, in a previous session of Congress, but it did not receive a vote.
Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).
What legislators are saying
Jan 10, 2018
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Sep 13, 2018
A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.
Dec 12, 2018
Reported by House Committee on Financial Services
A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.
H.R. 4758 (115th) was a bill in the United States Congress.
A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
Bills numbers restart every two years. That means there are other bills with the number H.R. 4758. This is the one from the 115th Congress.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not passed by the end of a Congress is cleared from the books.
How to cite this information.
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GovTrack.us. (2022). H.R. 4758 — 115th Congress: FOMC Policy Responsibility Act. Retrieved from https://www.govtrack.us/congress/bills/115/hr4758
“H.R. 4758 — 115th Congress: FOMC Policy Responsibility Act.” www.GovTrack.us. 2018. October 4, 2022 <https://www.govtrack.us/congress/bills/115/hr4758>
FOMC Policy Responsibility Act, H.R. 4758, 115th Cong. (2018).
|title=H.R. 4758 (115th)
|accessdate=October 4, 2022
|author=115th Congress (2018)
|date=January 10, 2018
|quote=FOMC Policy Responsibility Act
Where is this information from?
GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.