Exchange Stabilization Fund Amendments Act
Public Law 95-612 · S. 2093 · 95th Congress · began in the Senate
Signed by Jimmy Carter (D) on Nov 8, 1978 · Finance and Financial Sector
Sponsor: Sen. Adlai Stevenson (D-IL)
Cosponsors (1): Sen. William Proxmire
Passage votes
- HouseMethod not stated
- 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.
Summary
The Congressional Research Service’s plain-language summary of what the law does.
(House agreed to certain Senate amendment with an amendment)
Amends the Gold Reserve Act of 1934 to make the Exchange Stabilization Fund unavailable for payment of administrative expenses.
Authorizes the Secretary of the Treasury to appoint personnel to carry out the international affairs functions of the Department of the Treasury and to provide allowances and benefits to such personnel. Sets conditions on personnel appointments.
Makes United States representatives appointed to the African Development Fund eligible for benefits afforded civil service employees of the United States.
Authorizes the appropriation of $24,000,000 for fiscal year 1979 to carry out the international affairs functions of the Department of the Treasury.
Requires the Secretary of the Treasury to report monthly to Congress a detailed financial statement on the stabilization fund established under the Gold Reserve Act of 1934.
Committees
The committees the bill was sent to, and what each did with it.
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.
Timeline
From introduction to signing, newest first: the committees, the floor and the president. 19 actions.
- Nov 8, 1978Became lawBecame law · Signed by President.
- PresidentPresident · Public Law 95-612.
- Oct 27, 1978PresidentPresident · Measure presented to President.
- Oct 14, 1978PresidentPresident · Measure enrolled in Senate.
- PresidentPresident · Measure enrolled in House.
- Oct 13, 1978Resolving differencesResolving differences · Senate agreed to House amendments.
- Oct 11, 1978Resolving differencesResolving differences · House agreed to certain Senate amendment with an amendment.
- Resolving differencesResolving differences · House agreed to certain Senate amendments.
- Resolving differencesResolving differences · House vacated its action of agreeing to Senate amendments with an amendment on 10/10/78.
- Oct 10, 1978Resolving differencesResolving differences · House agreed to Senate amendments with an amendment.
- Jun 23, 1978Resolving differencesResolving differences · Senate agreed to House amendment with amendments.
- May 16, 1978FloorFloor · Measure passed House, amended.
- FloorFloor · Measure called up under motion to suspend rules and pass in House.
- May 10, 1978CommitteeCommittee · Reported by House Financial Services Committee
- Mar 9, 1978CommitteeCommittee · Referred to House Financial Services Committee
- Mar 8, 1978FloorFloor · Measure passed Senate, amended.
- Mar 2, 1978CommitteeCommittee · Reported by Senate Banking, Housing, and Urban Affairs Committee
- Sep 14, 1977CommitteeCommittee · Referred to Senate Banking, Housing, and Urban Affairs Committee
- IntroducedIntroduced · Introduced in the Senate
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.
Official record
The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.