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Co-Authored-By: Claude Opus 4.8 <noreply@anthropic.com>
2026-07-06 10:51:44 -04:00

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LegalText 15 U.S.C. § 3131 Congressional statement of purpose us united_states_code code_section 15 COMMERCE AND TRADE 58 FULL EMPLOYMENT AND BALANCED GROWTH 3131 15 U.S.C. § 3131 current 119-100 2026-06-26 official https://uscode.house.gov/download/releasepoints/us/pl/119/100/xml_usc15@119-100.zip /us/usc/t15/s3131 data/legal/raw/us/code/title-15/usc15.xml b5079e205fdc82a4e95d891c17dfb28f949b73a9c8bf08043a112f9a4743ce42 6982338d990ef19d6b52bff6825089bdd6d0ee1233d9382673faf533decd5059 0e2d8c7b6a8aa333fbb42f0c7be87de9233665295b35177973d39acac95da709 2026-07-04 official
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15 U.S.C. § 3131 - Congressional statement of purpose

Text

(a) Establishment of procedures for review and action The purposes of this subchapter are to establish procedures for congressional review and action with respect to the Economic Report of the President (hereafter in this subchapter referred to as the “Economic Report”), the report of the Board of Governors of the Federal Reserve System, and the other policies and provisions of this chapter and the Employment Act of 1946 [15 U.S.C. 1021 et seq.].

(b) Legislative action The Congress shall initiate or develop such legislation as it deems necessary to implement proposals and objectives pursuant to this chapter and the Employment Act of 1946 [15 U.S.C. 1021 et seq.] after such modification in such proposals as it deems desirable. Nothing in this subchapter shall be construed to prevent the Congress or any of its committees from considering or initiating at any time legislative action in furtherance of the goals and purposes of this chapter.

(Pub. L. 95523, title III, § 301, Oct. 27, 1978, 92 Stat. 1904.)

Notes

Editorial Notes

References in TextThis subchapter, referred to in text, was in the original “this title”, meaning title III of Pub. L. 95523, Oct. 27, 1978, 92 Stat. 1904, which enacted this subchapter and amended sections 632 and 636 of Title 2, The Congress. For complete classification of this Act to the Code, see Short Title note set out under section 3101 of this title and Tables. For definition of “this chapter”, referred to in text, see References in Text note set out under section 3102 of this title. The Employment Act of 1946, referred to in subsecs. (a) and (b), is act Feb. 20, 1946, ch. 33, 60 Stat. 23, which is classified generally to chapter 21 (§ 1021 et seq.) of this title. For complete classification of this Act to the Code, see Short Title note set out under section 1021 of this title and Tables.