Independent Treasury Act of 1846

GPTKB entity

Predicate	Object
gptkbp:instanceOf	gptkb:United_States_federal_law
gptkbp:abolished	use of state banks as depositories
gptkbp:alsoKnownAs	gptkb:Subtreasury_System
gptkbp:dateEnacted	August 6, 1846
gptkbp:effect	separated federal government finances from private banks
gptkbp:enactedBy	gptkb:United_States_Congress
gptkbp:historicalSignificance	foundation for modern U.S. Treasury operations
gptkbp:location	gptkb:United_States
gptkbp:precededBy	Independent Treasury Act of 1840
gptkbp:purpose	establish an independent treasury system
gptkbp:relatedTo	gptkb:Specie_Circular gptkb:Second_Bank_of_the_United_States gptkb:Panic_of_1837
gptkbp:repealedBy	no
gptkbp:replacedBy	gptkb:Deposit_Act_of_1836
gptkbp:requires	all payments to and from the government to be made in gold and silver
gptkbp:restored	gptkb:Independent_Treasury_System
gptkbp:signedBy	gptkb:James_K._Polk
gptkbp:bfsParent	gptkb:Independent_Treasury_System gptkb:Subtreasury_System
gptkbp:bfsLayer	7
https://www.w3.org/2000/01/rdf-schema#label	Independent Treasury Act of 1846