WHAT THE LAW DOINCongress, in plain words

The law › Title 12, Banks and Banking › Chapter 3

12 U.S.C. 411: Issuance to reserve banks; nature of obligation; redemption

3 bills in this Congress would change it.

1 other section of the Code cite this one, including 12 U.S.C. 5901.

This Congress

  • H.R. 3633 Digital Asset Market Clarity Act · passed house · would change (18)
  • H.R. 3838 Streamlining Procurement for Effective Execution and Delivery and National Defense Authorization Act for Fiscal Year 2026 · passed house · would change (18)
  • H.R. 1919 Anti-CBDC Surveillance State Act · passed house · would change (18)

How it got here

Text, outline and history from the official U.S. Code (2024 edition) on GovInfo, published by the Office of the Law Revision Counsel. Changes made after that edition appear under This Congress.