H.R. 4545 — what changed
Financial Institutions Examination Fairness and Reform Act
From Reported in House to Engrossed in House. 1 added between Reported in House and Engrossed in House.
Sec. 7 Reduction of surplus funds of Federal reserve banks
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In general— Section 7(a)(3)(A) of the Federal Reserve Act (12 U.S.C. 289(a)(3)(A)) is amended by striking “$7,500,000,000” and inserting “$7,324,285,000”.
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Effective date— Subsection (a) shall take effect on June 1, 2018.