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  <bill>
    <number>2868</number>
    <updateDate>2023-01-12T17:52:56Z</updateDate>
    <updateDateIncludingText>2023-01-12T17:52:56Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2007-06-26</introducedDate>
    <congress>110</congress>
    <committees>
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        <name>Banking, Housing, and Urban Affairs Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
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          <item>
            <name>Referred to</name>
            <date>2007-10-24T17:48:15Z</date>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Reported by</name>
            <date>2007-10-15T21:02:22Z</date>
          </item>
          <item>
            <name>Markup by</name>
            <date>2007-09-18T14:31:53Z</date>
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          <item>
            <name>Referred to</name>
            <date>2007-06-26T13:02:25Z</date>
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      <committeeReport>
        <citation>H. Rept. 110-380</citation>
      </committeeReport>
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      <item>
        <actionDate>2007-10-24</actionDate>
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            <name>Banking, Housing, and Urban Affairs Committee</name>
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        <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2007-10-23</actionDate>
        <actionTime>12:26:24</actionTime>
        <text>Motion to reconsider laid on the table Agreed to without objection.</text>
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          <code>2</code>
          <name>House floor actions</name>
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      <item>
        <actionDate>2007-10-23</actionDate>
        <actionTime>12:26:20</actionTime>
        <text>On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H11866)</text>
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        <actionCode>H37300</actionCode>
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        <text>Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H11866)</text>
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        <actionCode>8000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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      </item>
      <item>
        <actionDate>2007-10-23</actionDate>
        <actionTime>12:12:35</actionTime>
        <text>DEBATE - The House proceeded with forty minutes of debate on H.R. 2868.</text>
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        <actionCode>H8D000</actionCode>
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          <code>2</code>
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        <actionDate>2007-10-23</actionDate>
        <actionTime>12:12:29</actionTime>
        <text>Considered under suspension of the rules. (consideration: CR H11866-11868)</text>
        <type>Floor</type>
        <actionCode>H30000</actionCode>
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          <code>2</code>
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        <actionDate>2007-10-23</actionDate>
        <actionTime>12:11:58</actionTime>
        <text>Mr. Meeks (NY) moved to suspend the rules and pass the bill, as amended.</text>
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        <actionCode>H30300</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
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      <item>
        <actionDate>2007-10-15</actionDate>
        <text>Placed on the Union Calendar, Calendar No. 237.</text>
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        <actionDate>2007-10-15</actionDate>
        <text>Reported by the Committee on Financial Services. H. Rept. 110-380.</text>
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        <text>Reported by the Committee on Financial Services. H. Rept. 110-380.</text>
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        <actionDate>2007-09-18</actionDate>
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            <name>Financial Services Committee</name>
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        <text>Ordered to be Reported by Voice Vote.</text>
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        <actionDate>2007-09-18</actionDate>
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        <text>Committee Consideration and Mark-up Session Held.</text>
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        <actionDate>2007-06-26</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <text>Introduced in House</text>
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        <text>Introduced in House</text>
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          <code>9</code>
          <name>Library of Congress</name>
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    <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>F000440</bioguideId>
        <fullName>Rep. Fossella, Vito [R-NY-13]</fullName>
        <firstName>VITO</firstName>
        <lastName>FOSSELLA</lastName>
        <party>R</party>
        <state>NY</state>
        <district>13</district>
        <sponsorshipDate>2007-06-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>T000326</bioguideId>
        <fullName>Rep. Towns, Edolphus [D-NY-10]</fullName>
        <firstName>EDOLPHUS</firstName>
        <lastName>TOWNS</lastName>
        <party>D</party>
        <state>NY</state>
        <district>10</district>
        <sponsorshipDate>2007-06-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>K000210</bioguideId>
        <fullName>Rep. King, Peter T. [R-NY-3]</fullName>
        <firstName>PETER</firstName>
        <lastName>KING</lastName>
        <party>R</party>
        <state>NY</state>
        <middleName>T.</middleName>
        <district>3</district>
        <sponsorshipDate>2007-06-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000096</bioguideId>
        <fullName>Rep. Davis, Danny K. [D-IL-7]</fullName>
        <firstName>DANNY</firstName>
        <lastName>DAVIS</lastName>
        <party>D</party>
        <state>IL</state>
        <middleName>K.</middleName>
        <district>7</district>
        <sponsorshipDate>2007-06-26</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>2007-06-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M000087</bioguideId>
        <fullName>Rep. Maloney, Carolyn B. [D-NY-14]</fullName>
        <firstName>CAROLYN</firstName>
        <lastName>MALONEY</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>B.</middleName>
        <district>14</district>
        <sponsorshipDate>2007-06-26</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C000243</bioguideId>
        <fullName>Rep. Castle, Michael N. [R-DE-At Large]</fullName>
        <firstName>MICHAEL</firstName>
        <lastName>CASTLE</lastName>
        <party>R</party>
        <state>DE</state>
        <middleName>N.</middleName>
        <district>0</district>
        <sponsorshipDate>2007-07-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>W000792</bioguideId>
        <fullName>Rep. Weiner, Anthony D. [D-NY-9]</fullName>
        <firstName>ANTHONY</firstName>
        <lastName>WEINER</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>D.</middleName>
        <district>9</district>
        <sponsorshipDate>2007-07-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>V000081</bioguideId>
        <fullName>Rep. Velazquez, Nydia M. [D-NY-12]</fullName>
        <firstName>NYDIA</firstName>
        <lastName>VELAZQUEZ</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>M.</middleName>
        <district>12</district>
        <sponsorshipDate>2007-10-10</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001038</bioguideId>
        <fullName>Rep. Higgins, Brian [D-NY-27]</fullName>
        <firstName>Brian</firstName>
        <lastName>Higgins</lastName>
        <party>D</party>
        <state>NY</state>
        <district>27</district>
        <sponsorshipDate>2007-10-10</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <cboCostEstimates>
      <item>
        <pubDate>2007-09-28T04:00:00Z</pubDate>
        <title>H.R. 2868, A bill to eliminate the exemption from state regulation for certain securities designated by national securities exchanges</title>
        <url>http://www.cbo.gov/publication/19182</url>
        <description>&lt;p&gt;Cost estimate for the bill as ordered reported by the House Committee on Financial Services on September 18, 2007&lt;/p&gt;</description>
      </item>
      <item>
        <pubDate>2007-09-28T04:00:00Z</pubDate>
        <title>H.R. 2868, A bill to eliminate the exemption from state regulation for certain securities designated by national securities exchanges</title>
        <url>https://www.cbo.gov/publication/19182</url>
        <description>Cost estimate for the bill as ordered reported by the House Committee on Financial Services on September 18, 2007</description>
      </item>
    </cboCostEstimates>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Federal preemption</name>
        </item>
        <item>
          <name>Federal-state relations</name>
        </item>
        <item>
          <name>Government Operations and Politics</name>
        </item>
        <item>
          <name>Securities regulation</name>
        </item>
        <item>
          <name>State laws</name>
        </item>
        <item>
          <name>Stock exchanges</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2007-06-26</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2007-10-22T20:41:39Z</updateDate>
        <text><![CDATA[ <p>Amends the Securities Act of 1933, with respect to exclusive federal registration of nationally traded securities, to exclude from exclusive federal regulation, and thus permit state regulation of, certain securities anyone of specified securities exchanges has listed (or authorized for listing) in a tier or segment for uncovered securities, according to standards for designating such a tier or segment the exchange has adopted.</p>]]></text>
      </summary>
      <summary>
        <versionCode>79</versionCode>
        <actionDate>2007-10-15</actionDate>
        <actionDesc>Reported to House without amendment</actionDesc>
        <updateDate>2007-10-22T20:41:57Z</updateDate>
        <text><![CDATA[ <p><b>(This measure has not been amended since it was introduced. The summary of that version is repeated here.)</b></p> <p>Amends the Securities Act of 1933, with respect to exclusive federal registration of nationally traded securities, to exclude from exclusive federal regulation, and thus permit state regulation of, certain securities anyone of specified securities exchanges has listed (or authorized for listing) in a tier or segment for uncovered securities, according to standards for designating such a tier or segment the exchange has adopted.</p>]]></text>
      </summary>
      <summary>
        <versionCode>81</versionCode>
        <actionDate>2007-10-23</actionDate>
        <actionDesc>Passed House without amendment</actionDesc>
        <updateDate>2008-01-29T20:46:18Z</updateDate>
        <text><![CDATA[ <p><b>(This measure has not been amended since it was introduced. The summary of that version is repeated here.)</b></p> <p>Amends the Securities Act of 1933, with respect to exclusive federal registration of nationally traded securities, to exclude from exclusive federal regulation, and thus permit state regulation of, certain securities any one of specified securities exchanges has listed (or authorized for listing) in a tier or segment for uncovered securities, according to standards for designating such a tier or segment the exchange has adopted.</p>]]></text>
      </summary>
    </summaries>
    <title>To eliminate the exemption from State regulation for certain securities designated by national securities exchanges.</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>To eliminate the exemption from State regulation for certain securities designated by national securities exchanges.</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To eliminate the exemption from State regulation for certain securities designated by national securities exchanges.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
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      </item>
    </titles>
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        <type>Referred in Senate</type>
        <date>2007-10-24T04:00:00Z</date>
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      </item>
      <item>
        <type>Engrossed in House</type>
        <date>2007-10-23T04:00:00Z</date>
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        <type>Reported in House</type>
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    <latestAction>
      <actionDate>2007-10-24</actionDate>
      <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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    <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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