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AL HJR272

Joint Resolution

Status

Introduced

3/1/2018

Primary Sponsor

Thomas Jackson

Click for details

Origin

House of Representatives

Regular Session 2018

AI Summary

  • 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.

  • 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.

  • Directs federal credit system funding toward high-speed rail networks, nuclear power plants, water projects, and critical transportation and energy infrastructure programs.

  • Requests immediate rebuilding of the space program to explore the solar system and development of nuclear fusion technology to address national energy needs.

  • 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

Committee Referrals

Rules3/1/2018

Full Bill Text

No bill text available