Bill Summary for H 391 (2017-2018)

Summary date: 

Mar 15 2017

Bill Information:

View NCGA Bill Details2017-2018 Session
House Bill 391 (Public) Filed Wednesday, March 15, 2017
A JOINT RESOLUTION URGING CONGRESS TO ENACT WITHOUT DELAY AN "AMERICAN ECONOMIC RECOVERY PROGRAM" WITH SUGGESTED PARAMETERS AND SPECIFICS IN ORDER TO PROVIDE MECHANISMS TO RESTORE THE ECONOMIC HEALTH AND WELL-BEING OF AMERICA AND ITS CITIZENS.
Intro. by Willingham.

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Bill summary

Urges Congress to enact an "American Economic Recovery Program," consisting of specified proposals that (1) restore the provisions of the Glass­Steagall Act which aim to restore the separation of investment and commercial banking, (2) return to a national banking system, (3) use the federal credit system to build a modern network of high­speed rail, power generating systems, water projects, and urban and rural infrastructure, and (4) launch an initiative to rebuild our space program to explore the solar system and inspire future generations.

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