Exchange Stabilization Fund Amendments Act

A bill to provide that the Exchange Stabilization Fund shall not be available for payment of administrative expenses; and for other purposes.

Subjects

Finance and Financial Sector

Summary

(House agreed to certain Senate amendment with an amendment)

Amends the Gold Reserve Act of 1934 to make the Exchange Stabilization Fund unavailable for payment of administrative expenses.

Authorizes the Secretary of the Treasury to appoint personnel to carry out the international affairs functions of the Department of the Treasury and to provide allowances and benefits to such personnel. Sets conditions on personnel appointments.

Makes United States representatives appointed to the African Development Fund eligible for benefits afforded civil service employees of the United States.

Authorizes the appropriation of $24,000,000 for fiscal year 1979 to carry out the international affairs functions of the Department of the Treasury.

Requires the Secretary of the Treasury to report monthly to Congress a detailed financial statement on the stabilization fund established under the Gold Reserve Act of 1934.

Full Text

Related Legislation

H.R. 9066A bill to provide that the Exchange Stabilization Fund shall not be available for the payment of administrative expenses.
1977-09-12Referred to House Committee on Banking, Finance and Urban Affairs.
Related

Legislative Actions

1978-05-16
Measure passed House, amended.
1978-06-23
Resolving differences -- Senate actions: Senate agreed to House amendment with amendments.
1978-06-23
Senate agreed to House amendment with amendments.
1978-10-10
Resolving differences -- House actions: House agreed to Senate amendments with an amendment.
1978-10-10
House agreed to Senate amendments with an amendment.
1978-10-11
House vacated its action of agreeing to Senate amendments with an amendment on 10/10/78.
1978-10-11
Resolving differences -- House actions: House agreed to certain Senate amendments.
1978-10-11
House agreed to certain Senate amendments.
1978-10-11
Resolving differences -- House actions: House agreed to certain Senate amendment with an amendment.
1978-10-11
House agreed to certain Senate amendment with an amendment.
1978-10-13
Resolving differences -- Senate actions: Senate agreed to House amendments.
1978-10-13
Senate agreed to House amendments.

Enacted as Public Law 95-612

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