Bill SponsorBILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 8007
116th Congress(2019-2020)
Federal Reserve Sunshine Act of 2020
Introduced
Introduced
Introduced in House on Aug 11, 2020
Overview
Text
Introduced in House 
Aug 11, 2020
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Introduced in House(Aug 11, 2020)
Aug 11, 2020
Not Scanned for Linkage
About Linkage
Multiple bills can contain the same text. This could be an identical bill in the opposite chamber or a smaller bill with a section embedded in a larger bill.
Bill Sponsor regularly scans bill texts to find sections that are contained in other bill texts. When a matching section is found, the bills containing that section can be viewed by clicking "View Bills" within the bill text section.
Bill Sponsor is currently only finding exact word-for-word section matches. In a future release, partial matches will be included.
Jump To
H. R. 8007 (Introduced-in-House)


116th CONGRESS
2d Session
H. R. 8007


To eliminate the authority of the Board of Governors of the Federal Reserve System to hold closed meetings in planning economic stabilization under the Coronavirus Economic Stabilization Act of 2020.

IN THE HOUSE OF REPRESENTATIVES

August 11, 2020

Mr. Green of Tennessee (for himself, Ms. Gabbard, Mrs. Carolyn B. Maloney of New York, and Mr. Hice of Georgia) introduced the following bill; which was referred to the Committee on Financial Services

A BILL

To eliminate the authority of the Board of Governors of the Federal Reserve System to hold closed meetings in planning economic stabilization under the Coronavirus Economic Stabilization Act of 2020.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Short title.

This Act may be cited as the “Federal Reserve Sunshine Act of 2020”.

SEC. 2. ELIMINATION OF AUTHORITY OF FEDERAL RESERVE BOARD TO HOLD CLOSED MEETINGS IN PLANNING ECONOMIC STABILIZATION UNDER THE CORONAVIRUS ECONOMIC STABILIZATION ACT OF 2020.

(a) In general.—Section 4009 of the Coronavirus Aid, Relief, and Economic Security Act (Public Law 116–136) is amended to read as follows:

“SEC. 4009. Temporary suspension of requirement for advance notice of meetings of the Board of Governors of the Federal Reserve System.

“(a) In general.—Notwithstanding any other provision of law, if the Chairman of the Board of Governors of the Federal Reserve System determines, in writing, that unusual and exigent circumstances exist, the Board may conduct meetings without advance notice as required by section 552b of title 5, United States Code, or by any other law, during the period beginning on the date of the enactment of this section and ending on the earlier of—

“(1) the date on which the national emergency concerning the novel coronavirus disease (COVID-19) outbreak declared by the President on March 13, 2020, under the National Emergencies Act (50 U.S.C. 1601 et seq.) terminates; or

“(2) December 31, 2020.

“(b) Public notice.—Within 24 hours after the Chairman makes a determination under subsection (a), the Chairman shall make available to the public a written copy of the determination.”.

(b) Clerical amendment.—Section 2 of such Act (Public Law 116–136) is amended in the table of contents by striking the item relating to section 4009 and inserting the following:


“Sec. 4009. Temporary suspension of requirement for advance notice of meetings of the Board of Governors of the Federal Reserve System.”.