,i  #aac? ,,congress  #a/ ,session  ,h4 
,r4 #bdf  ,,9 ,,! ,,h\se ,,(            
,,repres5tatives  ,janu>y #ad1 #bjac    
,mr4 ,s*weik]t introduc$ ! foll[+ bill2 
:i* 0 ref]r$ to ! ,committee on         
,f9ancial ,s]vices  ,a ,,bill  ,to      
require ! ,bo>d ( ,gov]nors ( ! ,f$]al  
,res]ve ,sy/em to collect1 publi%1 &    
keep curr5t an objective index (        
doll>-d5om9at$ loan int]e/ rates ( v>i\s
 maturities1 & = o!r purposes4  #a4     
,%ort title ,?is ,act may be cit$ z !   
,rate ( ,av]age ,"t ,execution ,act (   
#bjac or ! ,,rate ,act ( #bjac4  #b4    
,publication ( c]ta9 loan rates  7a7 ,9 
g5]al ,! ,f$]al ,res]ve ,act is am5d$ by
 ins]t+ aft] section #aa;,b ! foll[+3   
#aa;,c4 ,publication ( c]ta9 loan rates 
7a7 ,9 g5]al ,! ,bo>d ( ,gov]nors ( !   
,f$]al ,res]ve ,sy/em %all collect1     
publi%1 & keep curr5t a set ( indices   
report+ ! rate = doll>-d5om9at$ loans ( 
v>i\s maturities4  7b7 ,specific        
requirem5ts ,! indices describ$ "u      
subsection 7a7 %all--  7#a7 be d]iv$ f a

 collation ( objective1 anonymiz$ data  
collect$ f a v>iety ( f9ancial          
in/itutions = a v>iety ( loan products1 
:]e su* in/itutions are repres5tative ( 
a broad range ( p>ticipants 9 ! f9ancial
 m>ket2  7#b7 conta9 in=mation repres5t+
 execut$ transactions f a basket ( cr$it
 products1 det]m9$ by ! ,bo>d & d]iv$ f 
real m>ket data bas$ on actual borr[+   
co/s2  7#c7 li/ ! av]age ( loan rates ) 
maturities ( ov]night1 "o mon?1 ?ree    
mon?s1 six mon?s1 n9e mon?s1 & "o ye>2  
7#d7 n conta9 ! ,f$]al funds rate2  7#e7
 be publi%$ on ! ,bo>d's website &      
updat$ weekly2 &  7#f7 be cle>ly label$ 
9 su* a way t !y _c be mis9t]pret$ to be
 rate t>gets set by ! ,f$]al ,op5 ,m>ket
 ,committee4  4  7b7 ,rulemak+ ,! ,bo>d 
( ,gov]nors ( ! ,f$]al ,res]ve ,sy/em   
%all issue regulations to c>ry out      
section #aa;,c ( ! ,f$]al ,res]ve ,act1 
z add$ by subsection 7a71 be=e ! end ( !
 #ij-;day p]iod beg9n+ on ! date ( !    
enactm5t ( ?is ,act4