Senate Bill 3550
116th Congress(2019-2020)
Municipal Bonds Emergency Relief Act
Introduced
Introduced in Senate on Mar 20, 2020
Origin Chamber
Senate
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3550
Congress
116
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
Bob Menendez
grade
New Jersey
No Senate votes have been held for this bill.
Summary
Municipal Bonds Emergency Relief Act
This bill allows the Federal Reserve Board in unusual and exigent circumstances to authorize Federal Reserve banks to buy and sell municipal bonds and other specified financial instruments.
March 20, 2020
03/20/2020
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
03/20/2020
Introduced in Senate
Public Record
Record Updated
Feb 9, 2022 1:42:23 AM