H.R. 344 · 112th Congress
Fiscal Responsibility Effective Enforcement Act of 2011
- Stage
- In committee
- Sponsor
- Randy Neugebauer
- Introduced
- 2011-01-19
- Latest action
- 2011-03-23 · Referred to the Subcommittee on Domestic Monetary Policy and Technology.
Summary
Fiscal Responsibility Effective Enforcement Act of 2011 or FREE Act of 2011 - Amends the Federal Reserve Act to repeal the authority of a federal reserve bank to buy or sell bills, notes, revenue bonds, or warrants with a maturity date of six months issued by state or local governments, including municipalities and irrigation, drainage, and reclamation districts.