H.R. 2912 · 114th Congress
Centennial Monetary Commission Act of 2015
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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
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BradySponsor32 cosponsors · 32 R
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Burgess
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Blum
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Duncan
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Farenthold
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Flores
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Gohmert
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Jones
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Jordan
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Jenkins
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Joyce
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Lummis
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Labrador
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McCaul
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McClintock
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Mulvaney
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Mullin
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Neugebauer
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Pearce
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Renacci
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Rothfus
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Smith
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Weber
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Bridenstine
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Cramer
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Foxx
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Granger
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Johnson
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Olson
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Rokita
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Brat
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Russell
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Scott22 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
What it does: CRS summary · Reported to House without amendment · Nov 16, 2015
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Centennial Monetary Commission Act of 2015
(Sec. 3) This bill establishes the Centennial Monetary Commission to: (1) examine how U.S. monetary policy since the creation of the Federal Reserve Board in 1913 has affected the performance of the U.S. economy in terms of output, employment, prices, and financial stability over time; (2) evaluate various operational regimes under which the Board and the Federal Open Market Committee may conduct monetary policy in terms achieving the maximum sustainable level of output and employment and price stability over the long term; (3) evaluate the use of macro-prudential supervision and regulation and of the lender-of-last-resort function of the Board as tools of monetary policy in terms of achieving the maximum sustainable level of output and employment and price stability over the long term; and (4) recommend a course for U.S. monetary policy going forward.
The Commission shall submit to Congress and make publicly available, by December 1, 2016, a report containing a statement of its findings and conclusions.
(Sec. 8) The Commission shall terminate on June 1, 2017.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Centennial Monetary Commission Act of 2015
Latest action (Nov 16, 2015): Placed on the Union Calendar, Calendar No. 252.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Jun 25, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.