Congress · Laws

An Act to provide for amendment of the Bretton Woods Agreements Act, and for other purposes.

Public Law 94-564 · H.R. 13955 · 94th Congress · began in the House

Signed by Gerald Ford (R) on Oct 19, 1976 · Foreign Trade and International Finance

Sponsor: Rep. Thomas Rees (D-CA-23)

Cosponsors (7): Rep. Henry Reuss, Rep. John Stanton,

Passage votesYeaNay

HouseRecorded vote: 289 yea, 121 nay289–121
SenateMethod not stated

Data notes

The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.

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Summary

The Congressional Research Service’s plain-language summary of what the law does.

Amends the Bretton Woods Agreement Act to authorize the United States Governor of the International Monetary Fund to accept specified amendments to the Articles of Agreement of the Fund and to consent to an increase in the United States quota in the Fund.

Directs the U.S. Governor of the Fund to vote against the establishment of a Council authorized under Article XII of the Fund Articles of Agreement if the U.S. vote in the Council would be less than its weighted-vote in the Fund.

Permits the Governor of the Fund to serve as councillor, under circumstances specified in the Articles. Redefines certain actions by the President or other person or agency with respect to the International Monetary Fund and the International Bank for Reconstruction and Development which require Congressional approval. Authorizes loans, not exceeding $2,000,000,000 at any one time, to carry out the decision of January 5, 1962 of the Executive Directors of the International Monetary Fund.

Amends the Special Drawing Rights Act to conform to the amendments to the Articles of Agreement of the Fund.

Amends the Par Value Modification Act to repeal the authority of the Secretary of the Treasury to establish a new par value of the dollar.

Amends the Gold Reserve Act of 1934 to: (1) authorize the Secretary of the Treasury to deal in gold and foreign exchange and other instruments of credit and securities, under specified circumstances, as he may deem necessary to the United States obligations in the International Monetary Fund; and (2) set the legal standard for the value of gold held against gold certificates.

Who voted for it

Every House member of the 94th Congress on the ideology compass. Highlighted: the 292 who voted yea on final passage. Faded: everyone else, including those who voted nay, did not vote, or had not yet taken office.

292 yea124 nay16 present or did not vote

Dimension 2

Economic left–right

More liberalMore conservative

Democrats who voted yea(215)

Rep. Louis StokesD-OH-21
Rep. Pete StarkD-CA-9
Rep. Bella AbzugD-NY-20
Rep. John MossD-CA-3
Rep. Parren MitchellD-MD-7
Rep. James CormanD-CA-21
Rep. Ronald DellumsD-CA-8
Rep. Don EdwardsD-CA-10
Rep. Edward RoybalD-CA-25
Rep. Phillip BurtonD-CA-6
Rep. Andrew YoungD-GA-5
Rep. Yvonne BurkeD-CA-28
Rep. Bill ClayD-MO-1
Rep. Elizabeth HoltzmanD-NY-16
Rep. Shirley ChisholmD-NY-12
Rep. Gus HawkinsD-CA-29
Rep. Henry WaxmanD-CA-24
Rep. Benjamin RosenthalD-NY-8
Rep. Charlie RangelD-NY-19
Rep. Ralph MetcalfeD-IL-1
Rep. Frank ThompsonD-NJ-4
Rep. James OberstarD-MN-8
Rep. Herman BadilloD-NY-21
Rep. Charles DiggsD-MI-13
Rep. George BrownD-CA-36
Rep. Cardiss CollinsD-IL-7
Rep. Barbara JordanD-TX-18
Rep. Robert NixD-PA-2
Rep. William FordD-MI-15
Rep. Frederick RichmondD-NY-14
Rep. Harold JohnsonD-CA-1
Rep. Robert EckhardtD-TX-8
Rep. Charles CarneyD-OH-19
Rep. James HowardD-NJ-3
Rep. John SeiberlingD-OH-14
Rep. Jonathan BinghamD-NY-22
Rep. John DingellD-MI-16
Rep. John BurtonD-CA-5
Rep. John BrademasD-IN-3
Rep. Patsy MinkD-HI-2
Rep. James ScheuerD-NY-11
Rep. John McFallD-CA-14
Rep. Tip O’NeillD-MA-8
Rep. Morris UdallD-AZ-2
Rep. Charles PriceD-IL-23
Rep. Edward KochD-NY-18
Rep. Richard BollingD-MO-5
Rep. Joshua EilbergD-PA-4
Rep. Robert LeggettD-CA-4
Rep. Henry ReussD-WI-5
Rep. Joseph AddabboD-NY-7
Rep. Norman MinetaD-CA-13
Rep. Peter RodinoD-NJ-10
Rep. Stephen SolarzD-NY-13
Rep. George MillerD-CA-7
Rep. Lloyd MeedsD-WA-2
Rep. John FaryD-IL-5
Rep. Sidney YatesD-IL-9
Rep. Ray MaddenD-IN-1
Rep. Helen MeynerD-NJ-13
Rep. Edward MezvinskyD-IA-1
Rep. William BrodheadD-MI-17
Rep. Dave ObeyD-WI-7
Rep. Michael HarringtonD-MA-6
Rep. Thomas MorganD-PA-22
Rep. Frank AnnunzioD-IL-11
Rep. John MurphyD-NY-17
Rep. Richard NolanD-MN-6
Rep. Dominick DanielsD-NJ-14
Rep. Spark MatsunagaD-HI-1
Rep. Fernand St. GermainD-RI-1
Rep. James BurkeD-MA-11
Rep. William LehmanD-FL-13
Rep. Robert DrinanD-MA-4
Rep. Daniel RostenkowskiD-IL-8
Rep. Edward PattenD-NJ-15
Rep. Morgan MurphyD-IL-2
Rep. Abner MikvaD-IL-10
Rep. George DanielsonD-CA-30
Rep. Edward BeardD-RI-2
Rep. James WeaverD-OR-4
Rep. Claude PepperD-FL-14
Rep. Teno RoncalioD-WY
Rep. Donald FraserD-MN-5
Rep. Dante FascellD-FL-15
Rep. Charles WilsonD-CA-31
Rep. Daniel FloodD-PA-11
Rep. Robert BerglandD-MN-7
Rep. Lucien NedziD-MI-14
Rep. William MoorheadD-PA-14
Rep. Jerry PattersonD-CA-38
Rep. Paul SarbanesD-MD-3
Rep. Joseph VigoritoD-PA-24
Rep. John MoakleyD-MA-9
Rep. Robert KastenmeierD-WI-2
Rep. Paul TsongasD-MA-5
Rep. Richard OttingerD-NY-24
Rep. Lionel Van DeerlinD-CA-42
Rep. Philip HayesD-IN-8
Rep. Harold FordD-TN-8
Rep. Jack BrooksD-TX-9
Rep. James HanleyD-NY-32
Rep. Bernice SiskD-CA-16
Rep. William GreenD-PA-3
Rep. Mario BiaggiD-NY-10
Rep. Harley StaggersD-WV-2
Rep. Robert JonesD-AL-5
Rep. Clement ZablockiD-WI-4
Rep. Charles VanikD-OH-22
Rep. Wayne HaysD-OH-18
Rep. James DelaneyD-NY-9
Rep. Tim HallD-IL-15
Rep. Robert MollohanD-WV-1
Rep. Leo ZeferettiD-NY-15
Rep. Carl PerkinsD-KY-7
Rep. Brock AdamsD-WA-7
Rep. William CotterD-CT-1
Rep. Gerry StuddsD-MA-12
Rep. Herbert HarrisD-VA-8
Rep. Richard Vander VeenD-MI-5
Rep. Leslie AspinD-WI-1
Rep. Paul SimonD-IL-24
Rep. Toby MoffettD-CT-6
Rep. Neal SmithD-IA-4
Rep. Frederick RooneyD-PA-15
Rep. Matthew McHughD-NY-27
Rep. Albert UllmanD-OR-2
Rep. Thomas FoleyD-WA-5
Rep. Glenn AndersonD-CA-32
Rep. Robert RoeD-NJ-8
Rep. Joseph MinishD-NJ-11
Rep. Leo RyanD-CA-11
Rep. John MelcherD-MT-2
Rep. Robert CornellD-WI-8
Rep. Gene MaguireD-NJ-7
Rep. Thomas ReesD-CA-23
Rep. James FlorioD-NJ-1
Rep. Edward BolandD-MA-2
Rep. Frank EvansD-CO-3
Rep. Edward PattisonD-NY-29
Rep. James BlanchardD-MI-18
Rep. Gillis LongD-LA-8
Rep. Mike McCormackD-WA-4
Rep. Alvin BaldusD-WI-3
Rep. Gladys SpellmanD-MD-5
Rep. James WrightD-TX-12
Rep. Don BonkerD-WA-3
Rep. James LloydD-CA-35
Rep. Max BaucusD-MT-1
Rep. Henry NowakD-NY-37
Rep. Stanley LundineD-NY-39
Rep. Joseph FisherD-VA-10
Rep. Robert EdgarD-PA-7
Rep. Michael BlouinD-IA-2
Rep. Thomas DowneyD-NY-2
Rep. Allan HoweD-UT-2
Rep. Mark HannafordD-CA-34
Rep. Koln McKayD-UT-1
Rep. Clifford AllenD-TN-5
Rep. Otis PikeD-NY-1
Rep. Lester WolffD-NY-6
Rep. John KrebsD-CA-17
Rep. Joseph EarlyD-MA-3
Rep. Timothy WirthD-CO-2
Rep. Robert GiaimoD-CT-3
Rep. John MurthaD-PA-12
Rep. Thomas SteedD-OK-4
Rep. Bill AlexanderD-AR-1
Rep. Mendel DavisD-SC-1
Rep. Christopher DoddD-CT-2
Rep. John SlackD-WV-3
Rep. Martha KeysD-KS-2
Rep. Charles RoseD-NC-7
Rep. Lindy BoggsD-LA-2
Rep. Robert DuncanD-OR-3
Rep. Lunsford PreyerD-NC-6
Rep. Gus YatronD-PA-6
Rep. Wilbur MillsD-AR-2
Rep. Ed JonesD-TN-7
Rep. John BreckinridgeD-KY-6
Rep. Bob CarrD-MI-6
Rep. John LaFalceD-NY-36
Rep. Theodore RisenhooverD-OK-2
Rep. Thomas AshleyD-OH-9
Rep. Charles WilsonD-TX-2
Rep. Norman D’AmoursD-NH-1
Rep. Tom HarkinD-IA-5
Rep. Kenneth HollandD-SC-5
Rep. Martin RussoD-IL-3
Rep. Jake PickleD-TX-10
Rep. Berkley BedellD-IA-6
Rep. Romano MazzoliD-KY-3
Rep. Les AuCoinD-OR-1
Rep. Butler DerrickD-SC-3
Rep. Floyd FithianD-IN-2
Rep. Bo GinnD-GA-1
Rep. Patricia SchroederD-CO-1
Rep. Stephen NealD-NC-5
Rep. Marilyn LloydD-TN-3
Rep. Philip SharpD-IN-10
Rep. William HughesD-NJ-2
Rep. Robert StephensD-GA-10
Rep. Don FuquaD-FL-2
Rep. Sam GibbonsD-FL-7
Rep. Lee HamiltonD-IN-9
Rep. David HendersonD-NC-3
Rep. Paul RogersD-FL-11
Rep. Robert KruegerD-TX-21
Rep. Jack HightowerD-TX-13
Rep. John BreauxD-LA-7
Rep. Roy TaylorD-NC-11
Rep. Elliott LevitasD-GA-4
Rep. Marvin MathisD-GA-2
Rep. Thomas DowningD-VA-1
Rep. Dale MilfordD-TX-24

Republicans who voted yea(77)

Rep. Charles WhalenR-OH-3
Rep. Peter PeyserR-NY-23
Rep. Gilbert GudeR-MD-8
Rep. Matthew RinaldoR-NJ-12
Rep. Silvio ConteR-MA-1
Rep. Edward BiesterR-PA-8
Rep. Frank HortonR-NY-34
Rep. Margaret HecklerR-MA-10
Rep. Joseph McDadeR-PA-10
Rep. Henry HeinzR-PA-18
Rep. William WalshR-NY-33
Rep. Larry PresslerR-SD-1
Rep. Stewart McKinneyR-CT-4
Rep. Tim CarterR-KY-5
Rep. Donald MitchellR-NY-31
Rep. Thomas RailsbackR-IL-19
Rep. Pete McCloskeyR-CA-12
Rep. William CohenR-ME-2
Rep. Jim JeffordsR-VT
Rep. Ronald SarasinR-CT-5
Rep. David EmeryR-ME-1
Rep. Hamilton FishR-NY-25
Rep. Joel PritchardR-WA-1
Rep. Millicent FenwickR-NJ-5
Rep. Elwood HillisR-IN-5
Rep. John StantonR-OH-11
Rep. Charles MosherR-OH-13
Rep. Norman LentR-NY-4
Rep. Edward MadiganR-IL-21
Rep. James ClevelandR-NH-2
Rep. William WamplerR-VA-9
Rep. John AndersonR-IL-16
Rep. John BuchananR-AL-6
Rep. Pierre du PontR-DE
Rep. Albert JohnsonR-PA-23
Rep. Garner ShriverR-KS-4
Rep. George O’BrienR-IL-17
Rep. John DuncanR-TN-2
Rep. Ralph RegulaR-OH-16
Rep. John JarmanD-OK-5
Rep. Robert CoughlinR-PA-13
Rep. Jack EdwardsR-AL-1
Rep. Philip RuppeR-MI-11
Rep. Joe SkubitzR-KS-5
Rep. Bob WilsonR-CA-41
Rep. Edward DerwinskiR-IL-4
Rep. Burt TalcottR-CA-16
Rep. Paul FindleyR-IL-20
Rep. Albert QuieR-MN-1
Rep. Alphonzo BellR-CA-27
Rep. Shirley PettisR-CA-37
Rep. James QuillenR-TN-1
Rep. Clair BurgenerR-CA-43
Rep. Elford CederbergR-MI-10
Rep. Robert McCloryR-IL-13
Rep. Garry BrownR-MI-3
Rep. Guy Vander JagtR-MI-9
Rep. John RhodesR-AZ-1
Rep. Henry HydeR-IL-6
Rep. Chalmers WylieR-OH-15
Rep. Keith SebeliusR-KS-1
Rep. Jim JohnsonR-CO-4
Rep. John WydlerR-NY-5
Rep. Robert McEwenR-NY-30
Rep. William SteigerR-WI-6
Rep. Edwin EshlemanR-PA-16
Rep. Manley ButlerR-VA-6
Rep. Gary MyersR-PA-25
Rep. Edwin ForsytheR-NJ-6
Rep. William FrenzelR-MN-3
Rep. Clarence BrownR-OH-7
Rep. John ErlenbornR-IL-14
Rep. Willis GradisonR-OH-1
Rep. Barber ConableR-NY-35
Rep. Edward HutchinsonR-MI-4
Rep. Bud ShusterR-PA-9
Rep. Herman SchneebeliR-PA-17

Data notes

The House’s recorded vote on the final version of the law (roll call 1028 in Voteview), matched to the vote the record cites and checked against its totals. Positions are each member’s DW-NOMINATE score for that Congress, as on the Ideology page; left to right is more liberal to more conservative. Paired and announced yea votes count as yea. Lists follow the compass, most liberal first. A name links to a profile only for members of the current Congress. A law passed by voice vote or unanimous consent has no member list, and neither does a vote Voteview has not yet recorded.

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Committees

The committees the bill was sent to, and what each did with it.

Financial Services Committee · House · referred to, reported by
Banking, Housing, and Urban Affairs Committee · Senate · referred to, reported by
Foreign Relations Committee · Senate · referred to, reported by

Data notes

A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.

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Timeline

From introduction to signing, newest first: the committees, the floor and the president. 18 actions.

Oct 19, 1976Became lawBecame law · Signed by President.
PresidentPresident · Public law 94-564.
Oct 8, 1976PresidentPresident · Measure presented to President.
Oct 7, 1976PresidentPresident · Measure enrolled in Senate.
Oct 6, 1976PresidentPresident · Measure enrolled in House.
Oct 1, 1976FloorFloor · Measure passed Senate.
FloorFloor · Measure called up by unanimous consent in Senate.
Sep 22, 1976CommitteeCommittee · Reported by Senate Banking, Housing, and Urban Affairs Committee
Aug 26, 1976CommitteeCommittee · Referred to Senate Banking, Housing, and Urban Affairs Committee
Aug 10, 1976CommitteeCommittee · Reported by Senate Foreign Relations Committee
Jul 28, 1976CommitteeCommittee · Referred to Senate Foreign Relations Committee
Jul 27, 1976FloorFloor · Measure passed House, amended, roll call #549 (289-121).House roll call 549
Jun 22, 1976FloorFloor · Measure failed of passage in House under suspension of rules, roll call #426 (264-147).House roll call 426
FloorFloor · Failed of passage/not agreed to in House: Measure failed of passage in House under suspension of rules, roll call #426 (264-147).House roll call 426
FloorFloor · Measure called up under motion to suspend rules and pass in House.
Jun 21, 1976CommitteeCommittee · Reported by House Financial Services Committee
May 21, 1976CommitteeCommittee · Referred to House Financial Services Committee
IntroducedIntroduced · Introduced in the House

Data notes

Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.

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Official record

The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.