HJR19 Alabama 2020 Session

Summary

Primary Sponsor

Thomas JacksonRepresentative

Democrat

Session

Regular Session 2020

Title

Legislature, urging Cogress to support efforts to reinstate the separation of commercial and investment banking functions and to return to national banking policies

Summary

Alabama urges Congress to reinstate the Glass-Steagall separation of commercial and investment banking and to return to national banking policies to repair infrastructure.

What This Bill Does

This is a non-binding resolution that expresses Alabama's position and asks Congress to take action on banking policy. It calls for restoring the separation between commercial and investment banking and for adopting national banking policies aimed at funding infrastructure. The resolution does not change Alabama law or create new programs, but it directs that copies be sent to the President, congressional leaders, and Alabama's federal delegation.

Who It Affects

• United States Congress and federal policymakers: urged to reinstate the separation of commercial and investment banking and to support national banking policies.
• Alabama residents and state economy: potential indirect impact through debated federal banking and infrastructure funding policies.

Key Provisions

• Urges Congress to immediately reinstate the separation of commercial and investment banking functions as previously in the Glass-Steagall Act.
• Urges Congress to support efforts to return to national banking policies to repair the nation's infrastructure.
• Requires copies of the resolution to be transmitted to the President, to the presiding officers of each house of Congress, and to every member of Alabama's Congressional Delegation.

AI-generated summary using openai/gpt-5-nano on Feb 22, 2026. May contain errors — refer to the official bill text for accuracy.

Subjects

Resolutions, Legislative