Prohibition on IOER Act of 2025
The summary
What this bill does
Prohibition on IOER Act of 2025
This bill prohibits a Federal Reserve bank from paying interest to a depository institution on reserve balances in excess of minimum requirements.
Legislative timeline
From introduction
Jan 3, 2025
Introduced & referred to committee
Congressional support
Sponsors & Cosponsors
U.S. Representative - OH District 8 · R-OH
Roll-call vote
The vote, by member
The vote, by member
VERSION CHANGES
What changed,
and where.
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Bill Metadata
| Congress | 119 |
| Bill Type | HR |
| Bill Number | 146 |
| Origin Chamber | House |
| Current Status | Referred to the House Committee on Financial Services. |
| Policy Area | Finance and Financial Sector |
| Primary Committee | Not assigned |
| Introduced | January 3, 2025 |
| Latest Action | January 3, 2025 |
| Cosponsors | 0 · House vote — · — views |