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AL HJR272
Joint Resolution
Status
3/1/2018
Primary Sponsor
Thomas Jackson
Click for details
AI Summary
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Urges Congress to restore Glass-Steagall Act provisions to separate investment and commercial banking, which was law for 66 years before repeal and prevented banking crises like 2008.
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Calls for establishment of a national banking and federal credit system modeled on Alexander Hamilton's First Bank of the United States and Abraham Lincoln's Greenback policy to finance infrastructure and productive jobs.
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Directs federal credit system funding toward high-speed rail networks, nuclear power plants, water projects, and critical transportation and energy infrastructure programs.
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Requests immediate rebuilding of the space program to explore the solar system and development of nuclear fusion technology to address national energy needs.
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Requires copies of the resolution be sent to each member of the Alabama 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
3/1/2018