A bill to provide for an extension of certain laws relating to the payment of interest on time and savings deposits.

Extends for one year, until 1974, the authority to regulate the maximum rates of interest or dividends by Federal banks. Directs the Secretary of the Treasury, the Board of Governors of the Federal Reserve System, the Board of Directors of the Federal Deposit Insurance Corporation and the Federal Home Loan Bank Board to limit such rates of interest or dividends paid on deposits of less than $100,000. (Amends 12 U.S.C. 461nt)