To amend the Federal Reserve Act to strike a provision relating to earnings on balances, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
Amends the Federal Reserve Act to strike a provision relating to earnings on balances. The main policy areas are Government Operations.
Who Benefits and How
The available clause analysis does not identify a specific beneficiary group.
Who Bears the Burden and How
No clear private burden is identified from the available clause analysis; implementing agencies may still take on administrative work.
Key Provisions
- Amends the Federal Reserve Act to strike a provision relating to earnings on balances.
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for primary purpose and policy domains.
At a Glance
What This Bill Does
Amends the Federal Reserve Act to strike a provision relating to earnings on balances.
Key Policy Areas
Government Operations
Primary Purpose
Amends the Federal Reserve Act to strike a provision relating to earnings on balances.
Policy Domains
Sponsors
Rick Scott
R-FL | Primary Sponsor
Legislative Progress
IntroducedMr. Scott of Florida (for himself and Mr. Cruz) introduced …
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology