Summary: H.R.4546 — 93rd Congress (1973-1974)All Information (Except Text)

There is one summary for H.R.4546. Bill summaries are authored by CRS.

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Introduced in House (02/21/1973)

Authorizes the Secretary of the Treasury to establish a new par value of the dollar of $1 equals 0.828948 Special Drawing Right or, the equivalent in terms of gold, of $1 equals 0.023684 of a fine troy ounce of gold (presently one thirty-eighth of a fine troy ounce of gold) for the purpose of defining the legal standard for the relationship of the dollar to gold for the purpose of issuing gold certificates. (Amends P.L. 92-268)