,,ii #aai? ,,congress #a/ ,session ,s4 #afdg ,,9 ,,! ,,s5ate ,,( ,,! ,,unit$ ,,/ates ,may #g1 #bjbe,mr4 ,scott ( ,florida introduc$ ! foll[+ bill2 :i* 0 read twice & ref]r$ to ! ,committee on ,bank+1 ,h\s+1 & ,urban ,affairs ,a ,,bill ,to limit pur*ases ( ! ,f$]al res]ve banks1 to require ,g5]ally ,accept$ ,acc\nt+ ,pr9ciples /&>ds1 & = o!r purposes4 #a4 ,%ort title ,?is ,act may be cit$ z ! ,regul> ,ord] = ,inve/m5ts ( ! ,f$]al ,res]ve ,act or ! ,,roi ( ! ,f$]al ,res]ve ,act4 #b4 ,am5dm5ts to ! ,f$]al ,res]ve ,act ,! ,f$]al ,res]ve ,act is am5d$-- 7#a7 9 section #b;,b 7#ab ,u4,s4,c4 #bbe;b71 by add+ at ! end ! foll[+3 7d7 ,additional annual reports ,! ,bo>d & ea* ,f$]al res]ve bank %all submit to ,congress1 on an annual basis-- 7#a7 a report on ! /atus & heal? ( ! middle class 9 ! ,unit$ ,/ates1 includ+ an analysis ( h[ ! policies & programs ( ! ,bo>d & ! ,f$]al res]ve banks ei!r positively or negatively impact$ ! gr[? ( ! middle class 9 ! ,unit$ ,/ates2 & 7#b7 a report on ! impact ( ! actions ( ! ,bo>d & ! ,f$]al res]ve banks on ! availability ( small bus9ess l5d+ & l9es ( cr$it s9ce #bjjj1 specifically h[ ! balance %eet ( ! ,f$]al res]ve banks1 ! l5d+ facilities ( ! ,bo>d1 & int]e/ paid on res]ves ( ! ,f$]al res]ve banks h impact$ bus9ess cr$it & l5d+4 2 7#b7 9 section #ad7;b77#b7 7#ab ,u4,s4,c4 #cee7;b77#b771 by ins]t+ be=e ! p]iod at ! end ! foll[+3 1 except t1 not)/&+ ?is p>agraph & p>agraph 7#a71 on & aft] ! date ( enactm5t ( ! ,regul> ,ord] = ,inve/m5ts ( ! ,f$]al ,res]ve ,act1 a ,f$]al res]ve bank may n-- 7,a7 pur*ase a ,treasury bill ) a t]m ( maturity t is m ?an #c ye>s2 7,b7 pur*ase a mortgage-back$ security2 or 7,c7 directly or indirectly hold %>es ( common /ock acquir$ on or aft] ! date ( enactm5t ( ! ,regul> ,ord] = ,inve/m5ts ( ! ,f$]al ,res]ve ,act 2 & 7#c7 by add+ at ! end ! foll[+3 #cc4 ,acc\nt+ pr9ciples & valuations 7a7 ,acc\nt+ pr9ciples ,! acc\nt+ pr9ciples applicable to any fil+s made by ! ,bo>d1 ! ,f$]al ,op5 ,m>ket ,committee1 or a ,f$]al res]ve bank %all be consi/5t ) g5]ally accept$ acc\nt+ pr9ciples4 7b7 ,valuations ,! ,bo>d1 ! ,f$]al ,op5 ,m>ket ,committee1 & ea* ,f$]al res]ve bank %all use m>k-to-m>ket valuations = ea* f9ancial e/imate describ$ 9 a report or audit "u ! sev5? undesignat$ p>agraph ( section #aj1 section #aa7;a71 or section #aa;,b4 4