Page:United States Statutes at Large Volume 89.djvu/738

 89 STAT. 678

PUBLIC LAW 94-125—NOV. 12, 1975

Public Law 94-125 94th Congress Joint Resolution Nov. 12, 1975 [S.Res. 134]

Federal Reserve Act, amendment, 12 USC 355.

rpo extend the authority for the direct purchase of United States obligations by Federal Reserve banks.

Resolved ty the Senate and House of Representatives of the United States of America in Congress assembled, That section 14(b) ©f the Federal Keserve Act is amended— ^]^^ l3y striking out "November 1, 1975" and inserting in lieu thereof "November 1, 1976"; and (2) by striking out "October 31, 1975" and inserting in lieu thereof "October 31, 1976". Approved November 12, 1975.

LEGISLATIVE HISTORY: SENATE REPORT No. 94-405 (Comm. on Banking, Housing and Urban Affairs). CONGRESSIONAL RECORD, Vol. 121 (1975): Oct. 23, considered and passed Senate. Oct. 28, considered and passed House.

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