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H R 459 in Congressional Session 112

Official Summary

 

Bill Number : H R 459

 

Title : Federal Reserve Transparency Act of 2011

 

A BILL To require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States before the end of 2012, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the `Federal Reserve Transparency Act of 2011'.

SEC. 2

AUDIT REFORM AND TRANSPARENCY FOR THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM. (a) In General- Notwithstanding section 714 of title 31, United States Code, or any other provision of law, an audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks under subsection (b) of such section 714 shall be completed before the end of 2012. (b) Report- (1) IN GENERAL- A report on the audit required under subsection (a) shall be submitted by the Comptroller General to the Congress before the end of the 90-day period beginning on the date on which such audit is completed and made available to the Speaker of the House, the majority and minority leaders of the House of Representatives, the majority and minority leaders of the Senate, the Chairman and Ranking Member of the committee and each subcommittee of jurisdiction in the House of Representatives and the Senate, and any other Member of Congress who requests it. (2) CONTENTS- The report under paragraph (1) shall include a detailed description of the findings and conclusion of the Comptroller General with respect to the audit that is the subject of the report, together with such recommendations for legislative or administrative action as the Comptroller General may determine to be appropriate. (c) Repeal of Certain Limitations- Subsection (b) of section 714 of title 31, United States Code, is amended by striking all after `in writing.'. (d) Technical and Conforming Amendment- Section 714 of title 31, United States Code, is amended by striking subsection (f).

Votes

Title : Federal Reserve Transparency Act of 2011
Votes in the US Senate
This Bill was not Voted in the US Senate
Votes in the US House
Roll Number Vote Date Question Description Vote Result
513 2012-07-25 On Motion to Suspend the Rules and Pass, as Amended To require a full audit of the Board of Governors of the Federal Reserve System and the Federal reserve banks by the Comptroller General of the United States before the end of 2012, and for other purposes P

Sponsors

 
Congressional Sponsors of H R 459
 
Bill Number : H R 459

Title : Federal Reserve Transparency Act of 2011

Sponsor: Rep Paul, Ron [TX-14] (introduced 1/26/2011)      

ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)Rep Adams, Sandy [FL-24] - 2/11/2011
Rep Alexander, Rodney [LA-5] - 1/26/2011
Rep Altmire, Jason [PA-4] - 2/16/2011
Rep Amash, Justin [MI-3] - 2/8/2011
Rep Bachus, Spencer [AL-6] - 1/26/2011
Rep Barletta, Lou [PA-11] - 2/15/2011
Rep Bartlett, Roscoe G. [MD-6] - 1/26/2011
Rep Barton, Joe [TX-6] - 1/26/2011
Rep Bilirakis, Gus M. [FL-9] - 1/26/2011
Rep Blackburn, Marsha [TN-7] - 1/26/2011
Rep Broun, Paul C. [GA-10] - 1/26/2011
Rep Buchanan, Vern [FL-13] - 2/8/2011
Rep Burgess, Michael C. [TX-26] - 1/26/2011
Rep Burton, Dan [IN-5] - 1/26/2011
Rep Calvert, Ken [CA-44] - 1/26/2011
Rep Campbell, John [CA-48] - 1/26/2011
Rep Canseco, Francisco "Quico" [TX-23] - 2/8/2011
Rep Carter, John R. [TX-31] - 2/8/2011
Rep Chaffetz, Jason [UT-3] - 1/26/2011
Rep Coffman, Mike [CO-6] - 1/26/2011
Rep Davis, Geoff [KY-4] - 2/8/2011
Rep Dreier, David [CA-26] - 2/8/2011
Rep Duncan, John J., Jr. [TN-2] - 2/8/2011
Rep Fincher, Stephen Lee [TN-8] - 2/8/2011
Rep Flores, Bill [TX-17] - 1/26/2011
Rep Forbes, J. Randy [VA-4] - 1/26/2011
Rep Fortenberry, Jeff [NE-1] - 1/26/2011
Rep Gallegly, Elton [CA-24] - 1/26/2011
Rep Garrett, Scott [NJ-5] - 1/26/2011
Rep Gerlach, Jim [PA-6] - 1/26/2011
Rep Gohmert, Louie [TX-1] - 1/26/2011
Rep Granger, Kay [TX-12] - 2/15/2011
Rep Graves, Tom [GA-9] - 1/26/2011
Rep Heller, Dean [NV-2] - 1/26/2011
Rep Huizenga, Bill [MI-2] - 1/26/2011
Rep Jones, Walter B., Jr. [NC-3] - 1/26/2011
Rep Kaptur, Marcy [OH-9] - 1/26/2011
Rep Kucinich, Dennis J. [OH-10] - 1/26/2011
Rep Lamborn, Doug [CO-5] - 1/26/2011
Rep Lance, Leonard [NJ-7] - 1/26/2011
Rep Lankford, James [OK-5] - 2/8/2011
Rep LaTourette, Steven C. [OH-14] - 1/26/2011
Rep LoBiondo, Frank A. [NJ-2] - 1/26/2011
Rep Luetkemeyer, Blaine [MO-9] - 2/8/2011
Rep Mack, Connie [FL-14] - 2/15/2011
Rep Marchant, Kenny [TX-24] - 1/26/2011
Rep McCaul, Michael T. [TX-10] - 1/26/2011
Rep McClintock, Tom [CA-4] - 1/26/2011
Rep McKeon, Howard P. "Buck" [CA-25] - 1/26/2011
Rep McKinley, David B. [WV-1] - 1/26/2011
Rep McMorris Rodgers, Cathy [WA-5] - 1/26/2011
Rep Miller, Gary G. [CA-42] - 1/26/2011
Rep Miller, Jeff [FL-1] - 1/26/2011
Rep Mulvaney, Mick [SC-5] - 2/8/2011
Rep Myrick, Sue Wilkins [NC-9] - 1/26/2011
Rep Nugent, Richard [FL-5] - 2/8/2011
Rep Petri, Thomas E. [WI-6] - 1/26/2011
Rep Posey, Bill [FL-15] - 1/26/2011
Rep Reed, Tom [NY-29] - 1/26/2011
Rep Rehberg, Denny [MT] - 1/26/2011
Rep Rigell, E. Scott [VA-2] - 2/8/2011
Rep Rohrabacher, Dana [CA-46] - 1/26/2011
Rep Ross, Dennis [FL-12] - 1/26/2011
Rep Ross, Mike [AR-4] - 2/8/2011
Rep Schock, Aaron [IL-18] - 1/26/2011
Rep Schweikert, David [AZ-5] - 2/8/2011
Rep Sensenbrenner, F. James, Jr. [WI-5] - 2/11/2011
Rep Simpson, Michael K. [ID-2] - 1/26/2011
Rep Smith, Adrian [NE-3] - 1/26/2011
Rep Smith, Lamar [TX-21] - 1/26/2011
Rep Thompson, Glenn [PA-5] - 1/26/2011
Rep Thornberry, Mac [TX-13] - 2/15/2011
Rep Walberg, Tim [MI-7] - 2/11/2011
Rep Walsh, Joe [IL-8] - 2/17/2011
Rep Westmoreland, Lynn A. [GA-3] - 2/8/2011
Rep Wittman, Robert J. [VA-1] - 1/26/2011
Rep Woodall, Rob [GA-7] - 1/26/2011
Rep Woolsey, Lynn C. [CA-6] - 1/26/2011
Rep Young, C.W. Bill [FL-10] - 1/26/2011
Rep Young, Don [AK] - 1/26/2011

Other Info

Bill Number : H R 459

Title : Federal Reserve Transparency Act of 2011

 
MAJOR ACTIONS:
***NONE***

 
ALL ACTIONS:
 
1/26/2011:Sponsor introductory remarks on measure. (CR E128)
 
1/26/2011:Referred to the House Committee on Oversight and Government Reform.