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Increase the supply of housing in AmericaSection 203 › Proposal

The figure 15 becomes 20 in the Revised Statutes

To increase the supply of housing in America, and for other purposes, section 203, Sec. 203. Written by .

The figure 15 becomes 20 in the Revised Statutes

The document says “is amendedWho acts: CongressHow: statuteSec. 203 in the PDF
What the document says

“The paragraph designated as the ``Eleventh'' of section 5136 of the Revised Statutes of the United States (12 U.S.C. 24) is amended, in the fifth sentence, by striking ``15'' each place the term appears and inserting ``20''.”

To increase the supply of housing in America, and for other purposes, Sec. 203

The section amends the paragraph designated Eleventh of section 5136 of the Revised Statutes of the United States, replacing the figure 15 with 20 wherever it appears in the fifth sentence.

What the document actually says

“The paragraph designated as the ``Eleventh'' of section 5136 of the Revised Statutes of the United States (12 U.S.C. 24) is amended, in the fifth sentence, by striking ``15'' each place the term appears and inserting ``20''.”

To increase the supply of housing in America, and for other purposes, Sec. 203
That sentence, in plain words

One old sentence has the number 15 in it. Every time it shows up, it is taken out. The number 20 goes in instead.

What this is about

The Revised Statutes are a very old set of federal laws. This one deals with what a national bank may do. Only the number changes here.

No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.

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The quotation is the document's own words, exactly as printed, and we check the page number against the Act itself before publishing. The paragraph underneath is our summary, not the document's words. So is the plain English version, which is why it sits beside the quotation rather than replacing it.

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