HR190 Alabama 2011 Session

Summary

Primary Sponsor

Thomas JacksonRepresentative

Democrat

Session

Regular Session 2011

Title

U. S. Congress urged to pass Glass-Steagall Act

Summary

An Alabama House resolution urges the U.S. Congress to pass the Glass-Steagall Act to separate commercial and investment banking.

What This Bill Does

The resolution expresses support for reinstating Glass-Steagall, explains concerns about derivatives and past bailouts, and notes that bills like HR 4375 and S 2886 exist in Congress. It urges Congress to enact the Glass-Steagall Act as introduced. It also suggests that if Glass-Steagall is enacted, federal credit should be eased to fund major infrastructure projects. Copies of the resolution would be sent to Alabama's congressional delegation.

Who It Affects

• Alabama residents, who could be affected by changes in national banking rules and potential infrastructure funding if Glass-Steagall is enacted.
• Alabama's U.S. congressional delegation, who are being urged to support and pass the Glass-Steagall Act and will receive copies of the resolution.

Key Provisions

• Urges Congress to immediately pass the Glass-Steagall Act as introduced.
• Directs that copies of the resolution be provided to members of the Alabama congressional delegation.

AI-generated summary using openai/gpt-5-nano on Feb 25, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Resolutions, Legislative