A resolution expressing the sense of the House of Representatives that the Board of Governors of the Federal Reserve System should take prompt action to discourage the establishment of large lines of credit which may be used by large corporations for purposes of acquiring other corporations.

Declares that it is the sense of the House of Representatives that the Board of Governors of the Federal Reserve System should take prompt and effective action to discourage, during periods of high interest rates, the establishment of large lines of credit which may be used by large corporations for purposes of acquiring other corporations.