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  <version>3.0.0</version>
  <bill>
    <number>1171</number>
    <updateDate>2023-01-11T20:02:11Z</updateDate>
    <updateDateIncludingText>2023-01-11T20:02:11Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2007-02-16</introducedDate>
    <congress>110</congress>
    <committees>
      <item>
        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <subcommittees>
          <item>
            <systemCode>hsba16</systemCode>
            <name>Capital Markets Subcommittee</name>
            <activities>
              <item>
                <name>Referred to</name>
                <date>2007-04-11T17:35:24Z</date>
              </item>
            </activities>
          </item>
        </subcommittees>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2007-02-16T13:06:35Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2007-04-11</actionDate>
        <committees>
          <item>
            <systemCode>hsba16</systemCode>
            <name>Capital Markets Subcommittee</name>
          </item>
        </committees>
        <sourceSystem>
          <code>1</code>
          <name>House committee actions</name>
        </sourceSystem>
        <text>Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2007-02-16</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <actionCode>H11100</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
        <committees>
          <item>
            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
          </item>
        </committees>
      </item>
      <item>
        <actionDate>2007-02-16</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>Intro-H</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2007-02-16</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>1000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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      </item>
    </actions>
    <sponsors>
      <item>
        <bioguideId>M001137</bioguideId>
        <fullName>Rep. Meeks, Gregory W. [D-NY-6]</fullName>
        <firstName>GREGORY</firstName>
        <lastName>MEEKS</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>W.</middleName>
        <district>6</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>T000462</bioguideId>
        <fullName>Rep. Tiberi, Patrick J. [R-OH-12]</fullName>
        <firstName>PATRICK</firstName>
        <lastName>TIBERI</lastName>
        <party>R</party>
        <state>OH</state>
        <middleName>J.</middleName>
        <district>12</district>
        <sponsorshipDate>2007-02-16</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001049</bioguideId>
        <fullName>Rep. Clay, Wm. Lacy [D-MO-1]</fullName>
        <firstName>WM.</firstName>
        <lastName>CLAY</lastName>
        <party>D</party>
        <state>MO</state>
        <middleName>LACY</middleName>
        <district>1</district>
        <sponsorshipDate>2007-06-28</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000549</bioguideId>
        <fullName>Rep. Gerlach, Jim [R-PA-6]</fullName>
        <firstName>Jim</firstName>
        <lastName>Gerlach</lastName>
        <party>R</party>
        <state>PA</state>
        <district>6</district>
        <sponsorshipDate>2007-06-28</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>L000553</bioguideId>
        <fullName>Rep. LaTourette, Steven C. [R-OH-14]</fullName>
        <firstName>STEVEN</firstName>
        <lastName>LATOURETTE</lastName>
        <party>R</party>
        <state>OH</state>
        <middleName>C.</middleName>
        <district>14</district>
        <sponsorshipDate>2007-07-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>E000187</bioguideId>
        <fullName>Rep. English, Phil [R-PA-3]</fullName>
        <firstName>PHIL</firstName>
        <lastName>ENGLISH</lastName>
        <party>R</party>
        <state>PA</state>
        <district>3</district>
        <sponsorshipDate>2007-07-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>A000362</bioguideId>
        <fullName>Rep. Altmire, Jason [D-PA-4]</fullName>
        <firstName>Jason</firstName>
        <lastName>Altmire</lastName>
        <party>D</party>
        <state>PA</state>
        <district>4</district>
        <sponsorshipDate>2007-10-10</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Administrative procedure</name>
        </item>
        <item>
          <name>Bank accounts</name>
        </item>
        <item>
          <name>Brokers</name>
        </item>
        <item>
          <name>Capital</name>
        </item>
        <item>
          <name>Commerce</name>
        </item>
        <item>
          <name>Government Operations and Politics</name>
        </item>
        <item>
          <name>Independent regulatory commissions</name>
        </item>
        <item>
          <name>Investments</name>
        </item>
        <item>
          <name>Law</name>
        </item>
        <item>
          <name>Margins (Security trading)</name>
        </item>
        <item>
          <name>Money market funds</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
        <item>
          <name>Securities and Exchange Commission</name>
        </item>
        <item>
          <name>Securities industry</name>
        </item>
        <item>
          <name>Securities regulation</name>
        </item>
        <item>
          <name>Surety and fidelity</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2007-02-16</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2007-03-15T19:39:53Z</updateDate>
        <text><![CDATA[ <p>Money Market Fund Parity Act of 2007 - Directs the Securities and Exchange Commission to revise, according to specified requirements, rules relating to net capital, custody and use of customers' securities, and certain underwritings to provide for: (1) treatment of securities issued by qualified money market funds comparable with the treatment under those rules of other low-risk securities and deposits; and (2) the expanded use of securities issued by qualified money market funds for financing by brokers and dealers.</p>]]></text>
      </summary>
    </summaries>
    <title>Money Market Fund Parity Act of 2007</title>
    <titles>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To direct the Securities and Exchange Commission to revise rules to provide for the comparable treatment and expanded use of qualified money market funds for broker-dealer financing.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Display Title</titleType>
        <title>Money Market Fund Parity Act of 2007</title>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Money Market Fund Parity Act of 2007</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2007-02-16T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-110hr1171ih/xml/BILLS-110hr1171ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2007-04-11</actionDate>
      <text>Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.</text>
    </latestAction>
  </bill>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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