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AL HJR34

Joint Resolution

Status

Introduced

2/11/2016

Primary Sponsor

Thomas Jackson

Click for details

Origin

House of Representatives

Regular Session 2016

AI Summary

HJR34 Summary

  • Urges Congress to restore Glass-Steagall Act provisions by passing HR 381 and S. 1709 to separate investment and commercial banking, citing the law's 66-year track record of preventing banking crises.

  • Calls for establishment of a national banking and federal credit system modeled on Alexander Hamilton's First Bank, Lincoln's Greenback policy, Franklin Roosevelt's Reconstruction Finance Corporation, and the Kennedy Space Program.

  • Directs federal credit system use to fund modern infrastructure including high-speed rail networks, nuclear power generation, water projects, and critical transportation and energy programs.

  • Requests immediate space program expansion to explore the solar system and develop nuclear fusion technology to address national energy needs.

  • Requires distribution of resolution copies to Alabama's Congressional delegation and the President of the United States.

Legislative Description

Economic recovery, urging Congress to adopt an economic recovery program

Resolutions, Legislative

Last Action

Introduced and referred to the House of Representatives committee on Rules

2/11/2016

Committee Referrals

Rules2/11/2016

Full Bill Text

No bill text available