# 114-hr-5027: To amend the Federal Reserve Act to adjust the circumstances under which Federal reserve bank stock is callable, and for other purposes.

114-hr-5027, To amend the Federal Reserve Act to adjust the circumstances under which Federal reserve bank stock is callable, and for other purposes., is a 114th Congress bill sponsored by Rep. Neugebauer, Randy [R-TX-19] (R-TX); status Referred to the House Committee on Financial Services. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-5027
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-5027
- Congress: 114
- Title: To amend the Federal Reserve Act to adjust the circumstances under which Federal reserve bank stock is callable, and for other purposes.
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2016-04-21
- Sponsor: Rep. Neugebauer, Randy [R-TX-19] (R-TX)
- Cosponsors: 2
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

This bill amends the Federal Reserve Act to revise the formula for subscription of national banking associations to the stock of their regional Federal Reserve Bank. Instead of one-sixth of an association's subscription to be payable on call by the Board of Governors of the Federal Reserve System, a member bank shall pay one-twelfth of its subscription when the Federal Reserve Board directs, and the remainder subject to the call of the Board. If a member bank has total consolidated assets of $10 billion or less, however, it may elect to pay one-half of its subscription instead of one-twelfth, but only once, and only within the first year after it becomes a member bank. The bill makes similar revisions to the formula for an increase in a member bank's capital stock or surplus. The Board may only call the subscription of a member bank if the aggregate amount of surplus funds of the Federal Reserve Banks is exhausted. A member bank may elect to have called amounts returned to it if the aggregate amount of surplus funds of the Federal Reserve Banks is $1 billion or more. The Board shall make annually inflation adjustments to the dollar amounts of total consolidated assets specified in the Act and in this bill to reflect the change in the Gross Domestic Product Price Index, published by the Bureau of Economic Analysis of the Department of Commerce.

## Cosponsors (2)

- Rep. Sessions, Pete [R-TX-17] (R-TX), 2016-04-21T00:00:00.000Z
- LAMAR SMITH (R-TX), 2016-05-26T00:00:00.000Z

## Related bills

- 114-hr-6221: To award a Congressional Gold Medal to Don Stephens, President and Founder of Mercy Ships, in recognition of his 38 years of service as the leader of a humanit…
- 114-hr-5905: POSSE Act
- 114-hr-5816: To suspend, and subsequently terminate, the admission of certain refugees, to examine the impact on the national security of the United States of admitting ref…
- 114-hr-5809: Back the Blue Act of 2016
- 114-hr-5654: Stop Dangerous Sanctuary Cities Act
- 114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Doby in recognition of his achievements and contributions to American major league…

## Sources
- [114-hr-5027 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/5027)

## Related
- [114-hr-6221: To award a Congressional Gold Medal to Don Stephens, President and Founder of M…](https://policyrisk.com/legislation/114-hr-6221)
- [114-hr-5905: POSSE Act](https://policyrisk.com/legislation/114-hr-5905)
- [114-hr-5816: To suspend, and subsequently terminate, the admission of certain refugees, to e…](https://policyrisk.com/legislation/114-hr-5816)
- [114-hr-5809: Back the Blue Act of 2016](https://policyrisk.com/legislation/114-hr-5809)
- [114-hr-5654: Stop Dangerous Sanctuary Cities Act](https://policyrisk.com/legislation/114-hr-5654)
- [114-hr-5621: To posthumously award a Congressional Gold Medal to Lawrence Eugene "Larry" Dob…](https://policyrisk.com/legislation/114-hr-5621)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-5027 (as of 2025-11-18).