,i  #aaith ,,congress  #ast ,session    
,h4 ,r4 #dghi  ,,in ,,the ,,house ,,of  
,,representatives  ,july #bi1 #bjbe,mr4 
,davidson introduced the following bill2
 which was referred to the ,committee on
 ,financial ,services  ,a ,,bill  ,to   
amend the ,federal ,reserve ,act to     
strike a provision relating to earnings 
on balances1 and for other purposes4    
#a4 ,short title ,this ,act may be cited
 as the ,fiscal ,accountability for     
,interest on ,reserves ,act or the      
,,fair ,act4  #b4 ,earnings on balances 
7a7 ,in general ,section #ai7;b7 of the 
,federal ,reserve ,act 7#ab ,u4,s4,c4   
#dfa7;b77 is amended by striking        
paragraph 7#ab74  7b7 ,effective date   
,the amendment made by subsection 7a7   
shall take effect on the date that is   
#ahj days after the date of enactment of
 this ,act4