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H.R. 7478 · 96th Congress · 1979–1980

A bill to facilitate the management of the public debt by increasing the ceiling on the investment yield on United States savings bonds to 8 1/2 percent and by increasing the amount of the bonds paying interest in excess of 4 1/4 percent which may be outstanding.

H.R. 7478 in the 96th Congress (1979–1980) became law — introduced on Jun 3, 1980, sponsored by Albert Ullman.

During the 96th Congress (1979–1980), Jimmy Carter was president, and Democrats held majorities in both the House and Senate.

Status
Became law
Introduced
Jun 3, 1980
Policy area
Economy
Public law
Public Law 96-377

Sponsor

Albert Ullman (D-OR)

Where it stands

  • IntroducedJun 3, 1980
  • Passed the HouseYes
  • Passed the SenateYes
  • Sent to the PresidentYes
  • Became lawOct 3, 1980

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From the Congressional Bills Project (Adler and Wilkerson), covering 1947–2002.

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Capitol Receipts, “H.R. 7478 (96th Congress): A bill to facilitate the management of…,” https://www.capitolreceipts.com/bill/96-hr-7478/a-bill-to-facilitate-the-management-of-the-public (accessed 2026-10-17).