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    <number>885</number>
    <updateDate>2023-01-11T13:16:20Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:16:20Z</updateDateIncludingText>
    <originChamber>House</originChamber>
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    <introducedDate>2009-02-04</introducedDate>
    <congress>111</congress>
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        <name>Homeland Security and Governmental Affairs Committee</name>
        <chamber>Senate</chamber>
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        <citation>H. Rept. 111-114</citation>
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      <item>
        <title>Improved Financial and Commodity Markets Oversight and Accountability Act</title>
        <congress>111</congress>
        <number>1354</number>
        <type>S</type>
        <latestAction>
          <actionDate>2009-06-25</actionDate>
          <text>Read twice and referred to the Committee on Homeland Security and Governmental Affairs.</text>
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        <actionDate>2010-03-16</actionDate>
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        <text>Placed on Senate Legislative Calendar under General Orders. Calendar No. 320.</text>
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        <text>Committee on Homeland Security and Governmental Affairs. Reported by Senator Lieberman with amendments. Without written report.</text>
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        <actionDate>2010-03-16</actionDate>
        <text>Committee on Homeland Security and Governmental Affairs. Reported by Senator Lieberman with amendments. Without written report.</text>
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          <code>9</code>
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        <text>Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment favorably.</text>
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        <actionDate>2009-07-22</actionDate>
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        <text>Read twice and referred to the Committee on Homeland Security and Governmental Affairs.</text>
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        <actionDate>2009-06-10</actionDate>
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          <name>Senate</name>
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        <text>Received in the Senate.</text>
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        <actionDate>2009-06-08</actionDate>
        <actionTime>15:29:56</actionTime>
        <text>Motion to reconsider laid on the table Agreed to without objection.</text>
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      <item>
        <actionDate>2009-06-08</actionDate>
        <actionTime>15:29:55</actionTime>
        <text>On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6284)</text>
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          <code>2</code>
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      <item>
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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 H6284)</text>
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        <actionCode>8000</actionCode>
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      <item>
        <actionDate>2009-06-08</actionDate>
        <actionTime>15:13:32</actionTime>
        <text>DEBATE - The House proceeded with forty minutes of debate on H.R. 885.</text>
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        <actionDate>2009-06-08</actionDate>
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        <text>Considered under suspension of the rules. (consideration: CR H6284-6286)</text>
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          <code>2</code>
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        <actionDate>2009-06-08</actionDate>
        <actionTime>15:13:30</actionTime>
        <text>Mr. Lynch moved to suspend the rules and pass the bill, as amended.</text>
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          <code>2</code>
          <name>House floor actions</name>
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      <item>
        <actionDate>2009-05-18</actionDate>
        <text>Placed on the Union Calendar, Calendar No. 57.</text>
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          <code>2</code>
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      <item>
        <actionDate>2009-05-18</actionDate>
        <text>Reported (Amended) by the Committee on Oversight and Government. H. Rept. 111-114.</text>
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        <actionDate>2009-05-18</actionDate>
        <text>Reported (Amended) by the Committee on Oversight and Government. H. Rept. 111-114.</text>
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          <code>9</code>
          <name>Library of Congress</name>
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            <systemCode>hsgo00</systemCode>
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      <item>
        <actionDate>2009-05-06</actionDate>
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            <systemCode>hsgo00</systemCode>
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        <text>Ordered to be Reported (Amended) by Voice Vote.</text>
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      <item>
        <actionDate>2009-05-06</actionDate>
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          <item>
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        </committees>
        <sourceSystem>
          <code>1</code>
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        </sourceSystem>
        <text>Committee Consideration and Mark-up Session Held.</text>
        <type>Committee</type>
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      <item>
        <actionDate>2009-02-04</actionDate>
        <text>Referred to the House Committee on Oversight and Government Reform.</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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    </actions>
    <sponsors>
      <item>
        <bioguideId>L000557</bioguideId>
        <fullName>Rep. Larson, John B. [D-CT-1]</fullName>
        <firstName>JOHN</firstName>
        <lastName>LARSON</lastName>
        <party>D</party>
        <state>CT</state>
        <middleName>B.</middleName>
        <district>1</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>H000627</bioguideId>
        <fullName>Rep. Hinchey, Maurice D. [D-NY-22]</fullName>
        <firstName>MAURICE</firstName>
        <lastName>HINCHEY</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>D.</middleName>
        <district>22</district>
        <sponsorshipDate>2009-02-04</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001032</bioguideId>
        <fullName>Rep. Holt, Rush [D-NJ-12]</fullName>
        <firstName>RUSH</firstName>
        <lastName>HOLT</lastName>
        <party>D</party>
        <state>NJ</state>
        <middleName>D.</middleName>
        <district>12</district>
        <sponsorshipDate>2009-02-04</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000191</bioguideId>
        <fullName>Rep. DeFazio, Peter A. [D-OR-4]</fullName>
        <firstName>PETER</firstName>
        <lastName>DEFAZIO</lastName>
        <party>D</party>
        <state>OR</state>
        <middleName>A.</middleName>
        <district>4</district>
        <sponsorshipDate>2009-02-04</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>N000183</bioguideId>
        <fullName>Rep. Nye, Glenn C. [D-VA-2]</fullName>
        <firstName>Glenn</firstName>
        <lastName>Nye</lastName>
        <party>D</party>
        <state>VA</state>
        <middleName>C.</middleName>
        <district>2</district>
        <sponsorshipDate>2009-02-04</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>2009-02-04</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>R000577</bioguideId>
        <fullName>Rep. Ryan, Tim [D-OH-17]</fullName>
        <firstName>TIM</firstName>
        <lastName>RYAN</lastName>
        <party>D</party>
        <state>OH</state>
        <district>17</district>
        <sponsorshipDate>2009-03-05</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001037</bioguideId>
        <fullName>Rep. Capuano, Michael E. [D-MA-8]</fullName>
        <firstName>MICHAEL</firstName>
        <lastName>CAPUANO</lastName>
        <party>D</party>
        <state>MA</state>
        <middleName>E.</middleName>
        <district>8</district>
        <sponsorshipDate>2009-03-05</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001263</bioguideId>
        <fullName>Rep. Boccieri, John A. [D-OH-16]</fullName>
        <firstName>John</firstName>
        <lastName>Boccieri</lastName>
        <party>D</party>
        <state>OH</state>
        <middleName>A.</middleName>
        <district>16</district>
        <sponsorshipDate>2009-03-05</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001045</bioguideId>
        <fullName>Rep. Stupak, Bart [D-MI-1]</fullName>
        <firstName>BART</firstName>
        <lastName>STUPAK</lastName>
        <party>D</party>
        <state>MI</state>
        <district>1</district>
        <sponsorshipDate>2009-03-05</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>W000314</bioguideId>
        <fullName>Rep. Wexler, Robert [D-FL-19]</fullName>
        <firstName>ROBERT</firstName>
        <lastName>WEXLER</lastName>
        <party>D</party>
        <state>FL</state>
        <district>19</district>
        <sponsorshipDate>2009-03-05</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000096</bioguideId>
        <fullName>Rep. Pascrell, Bill, Jr. [D-NJ-8]</fullName>
        <firstName>WILLIAM</firstName>
        <lastName>PASCRELL</lastName>
        <party>D</party>
        <state>NJ</state>
        <middleName>J.</middleName>
        <district>8</district>
        <sponsorshipDate>2009-03-05</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001169</bioguideId>
        <fullName>Rep. Murphy, Christopher [D-CT-5]</fullName>
        <firstName>Christopher</firstName>
        <lastName>Murphy</lastName>
        <party>D</party>
        <state>CT</state>
        <middleName>S.</middleName>
        <district>5</district>
        <sponsorshipDate>2009-03-17</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>K000188</bioguideId>
        <fullName>Rep. Kind, Ron [D-WI-3]</fullName>
        <firstName>RON</firstName>
        <lastName>KIND</lastName>
        <party>D</party>
        <state>WI</state>
        <district>3</district>
        <sponsorshipDate>2009-03-17</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001069</bioguideId>
        <fullName>Rep. Courtney, Joe [D-CT-2]</fullName>
        <firstName>Joe</firstName>
        <lastName>Courtney</lastName>
        <party>D</party>
        <state>CT</state>
        <district>2</district>
        <sponsorshipDate>2009-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>T000074</bioguideId>
        <fullName>Rep. Taylor, Gene [D-MS-4]</fullName>
        <firstName>GENE</firstName>
        <lastName>TAYLOR</lastName>
        <party>D</party>
        <state>MS</state>
        <district>4</district>
        <sponsorshipDate>2009-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001120</bioguideId>
        <fullName>Rep. Murtha, John P. [D-PA-12]</fullName>
        <firstName>JOHN</firstName>
        <lastName>MURTHA</lastName>
        <party>D</party>
        <state>PA</state>
        <middleName>P.</middleName>
        <district>12</district>
        <sponsorshipDate>2009-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H000324</bioguideId>
        <fullName>Rep. Hastings, Alcee L. [D-FL-23]</fullName>
        <firstName>ALCEE</firstName>
        <lastName>HASTINGS</lastName>
        <party>D</party>
        <state>FL</state>
        <middleName>L.</middleName>
        <district>23</district>
        <sponsorshipDate>2009-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>J000283</bioguideId>
        <fullName>Rep. Jackson, Jesse L., Jr. [D-IL-2]</fullName>
        <firstName>JESSE</firstName>
        <lastName>JACKSON</lastName>
        <party>D</party>
        <state>IL</state>
        <middleName>L.</middleName>
        <district>2</district>
        <sponsorshipDate>2009-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</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>2009-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001061</bioguideId>
        <fullName>Rep. Cleaver, Emanuel [D-MO-5]</fullName>
        <firstName>Emanuel</firstName>
        <lastName>Cleaver</lastName>
        <party>D</party>
        <state>MO</state>
        <district>5</district>
        <sponsorshipDate>2009-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000544</bioguideId>
        <fullName>Rep. Gonzalez, Charles A. [D-TX-20]</fullName>
        <firstName>CHARLES</firstName>
        <lastName>GONZALEZ</lastName>
        <party>D</party>
        <state>TX</state>
        <middleName>A.</middleName>
        <district>20</district>
        <sponsorshipDate>2009-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <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>
        <sponsorshipDate>2009-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000149</bioguideId>
        <fullName>Rep. Payne, Donald M. [D-NJ-10]</fullName>
        <firstName>DONALD</firstName>
        <lastName>PAYNE</lastName>
        <party>D</party>
        <state>NJ</state>
        <middleName>M.</middleName>
        <district>10</district>
        <sponsorshipDate>2009-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>W000207</bioguideId>
        <fullName>Rep. Watt, Melvin L. [D-NC-12]</fullName>
        <firstName>MELVIN</firstName>
        <lastName>WATT</lastName>
        <party>D</party>
        <state>NC</state>
        <district>12</district>
        <sponsorshipDate>2009-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000553</bioguideId>
        <fullName>Rep. Green, Al [D-TX-9]</fullName>
        <firstName>Al</firstName>
        <lastName>Green</lastName>
        <party>D</party>
        <state>TX</state>
        <district>9</district>
        <sponsorshipDate>2009-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001156</bioguideId>
        <fullName>Rep. Sánchez, Linda T. [D-CA-39]</fullName>
        <firstName>Linda</firstName>
        <lastName>Sánchez</lastName>
        <party>D</party>
        <state>CA</state>
        <middleName>T.</middleName>
        <district>39</district>
        <sponsorshipDate>2009-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000482</bioguideId>
        <fullName>Rep. Doyle, Michael F. [D-PA-14]</fullName>
        <firstName>MIKE</firstName>
        <lastName>DOYLE</lastName>
        <party>D</party>
        <state>PA</state>
        <district>14</district>
        <sponsorshipDate>2009-03-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>E000215</bioguideId>
        <fullName>Rep. Eshoo, Anna G. [D-CA-14]</fullName>
        <firstName>ANNA</firstName>
        <lastName>ESHOO</lastName>
        <party>D</party>
        <state>CA</state>
        <middleName>G.</middleName>
        <district>14</district>
        <sponsorshipDate>2009-03-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001149</bioguideId>
        <fullName>Rep. Michaud, Michael H. [D-ME-2]</fullName>
        <firstName>Michael</firstName>
        <lastName>Michaud</lastName>
        <party>D</party>
        <state>ME</state>
        <middleName>H.</middleName>
        <district>2</district>
        <sponsorshipDate>2009-03-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B000755</bioguideId>
        <fullName>Rep. Brady, Kevin [R-TX-8]</fullName>
        <firstName>KEVIN</firstName>
        <lastName>BRADY</lastName>
        <party>R</party>
        <state>TX</state>
        <district>8</district>
        <sponsorshipDate>2009-03-19</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>2009-03-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000216</bioguideId>
        <fullName>Rep. DeLauro, Rosa L. [D-CT-3]</fullName>
        <firstName>ROSA</firstName>
        <lastName>DELAURO</lastName>
        <party>D</party>
        <state>CT</state>
        <district>3</district>
        <sponsorshipDate>2009-03-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001242</bioguideId>
        <fullName>Rep. Bishop, Timothy H. [D-NY-1]</fullName>
        <firstName>Timothy</firstName>
        <lastName>Bishop</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>H.</middleName>
        <district>1</district>
        <sponsorshipDate>2009-03-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>L000554</bioguideId>
        <fullName>Rep. LoBiondo, Frank A. [R-NJ-2]</fullName>
        <firstName>FRANK</firstName>
        <lastName>LOBIONDO</lastName>
        <party>R</party>
        <state>NJ</state>
        <middleName>A.</middleName>
        <district>2</district>
        <sponsorshipDate>2009-04-01</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000585</bioguideId>
        <fullName>Rep. Platts, Todd Russell [R-PA-19]</fullName>
        <firstName>TODD</firstName>
        <lastName>PLATTS</lastName>
        <party>R</party>
        <state>PA</state>
        <middleName>RUSSELL</middleName>
        <district>19</district>
        <sponsorshipDate>2009-04-21</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001227</bioguideId>
        <fullName>Rep. Brady, Robert A. [D-PA-1]</fullName>
        <firstName>ROBERT</firstName>
        <lastName>BRADY</lastName>
        <party>D</party>
        <state>PA</state>
        <middleName>A.</middleName>
        <district>1</district>
        <sponsorshipDate>2009-04-21</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001150</bioguideId>
        <fullName>Rep. Schiff, Adam B. [D-CA-29]</fullName>
        <firstName>ADAM</firstName>
        <lastName>SCHIFF</lastName>
        <party>D</party>
        <state>CA</state>
        <middleName>B.</middleName>
        <district>29</district>
        <sponsorshipDate>2009-04-23</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <cboCostEstimates>
      <item>
        <pubDate>2009-05-11T04:00:00Z</pubDate>
        <title>H.R. 885, Improved Financial and Commodity Markets Oversight and Accountability Act</title>
        <url>http://www.cbo.gov/publication/20613</url>
        <description>&lt;p&gt;Cost estimate for the bill as ordered reported by the House Committee on Oversight and Government Reform on May 6, 2009&lt;/p&gt;</description>
      </item>
      <item>
        <pubDate>2009-05-11T04:00:00Z</pubDate>
        <title>H.R. 885, Improved Financial and Commodity Markets Oversight and Accountability Act</title>
        <url>https://www.cbo.gov/publication/20613</url>
        <description>Cost estimate for the bill as ordered reported by the House Committee on Oversight and Government Reform on May 6, 2009</description>
      </item>
      <item>
        <pubDate>2009-08-03T04:00:00Z</pubDate>
        <title>H.R. 885, Improved Financial and Commodity Markets Oversight and Accountability Act</title>
        <url>http://www.cbo.gov/publication/20974</url>
        <description>&lt;p&gt;Cost estimate for the bill as ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 29, 2009&lt;/p&gt;</description>
      </item>
      <item>
        <pubDate>2009-08-03T04:00:00Z</pubDate>
        <title>H.R. 885, Improved Financial and Commodity Markets Oversight and Accountability Act</title>
        <url>https://www.cbo.gov/publication/20974</url>
        <description>Cost estimate for the bill as ordered reported by the Senate Committee on Homeland Security and Governmental Affairs on July 29, 2009</description>
      </item>
    </cboCostEstimates>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Banking and financial institutions regulation</name>
        </item>
        <item>
          <name>Commodity Futures Trading Commission</name>
        </item>
        <item>
          <name>Congressional oversight</name>
        </item>
        <item>
          <name>Federal Reserve System</name>
        </item>
        <item>
          <name>Federal officials</name>
        </item>
        <item>
          <name>Government studies and investigations</name>
        </item>
        <item>
          <name>National Credit Union Administration</name>
        </item>
        <item>
          <name>Pension Benefit Guaranty Corporation</name>
        </item>
        <item>
          <name>Securities and Exchange Commission (SEC)</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2009-02-04</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2009-03-27T21:36:57Z</updateDate>
        <text><![CDATA[ <p>Improved Financial and Commodity Markets Oversight and Accountability Act - Amends the Inspector General Act of 1978 to include the Board of Governors of the Federal Reserve System, the Commodity Futures Trading Commission (CFTC), the National Credit Union Adminstration (NCUA), the Pension Benefit Guaranty Corporation (PBGC), and the Securities and Exchange Commission (SEC) as establishments the Inspector Generals of which shall be appointed by the President.</p>]]></text>
      </summary>
      <summary>
        <versionCode>17</versionCode>
        <actionDate>2009-05-18</actionDate>
        <actionDesc>Reported to House with amendment(s)</actionDesc>
        <updateDate>2009-07-01T14:35:31Z</updateDate>
        <text><![CDATA[ <p>Improved Financial and Commodity Markets Oversight and Accountability Act - Amends the Inspector General Act of 1978 to include the Board of Governors of the Federal Reserve System, the Commodity Futures Trading Commission (CFTC), the National Credit Union Administration (NCUA), the Pension Benefit Guaranty Corporation (PBGC), and the Securities and Exchange Commission (SEC) as establishments the Inspector Generals of which shall be appointed by the President.</p> <p> Applies existing pay requirements under the Inspector General Reform Act of 2008 to the Inspectors General of such entities. Permits such Inspectors General to select, appoint, and employ such officers and employees as necessary and to obtain services of experts or consultants.</p> <p>Authorizes such Inspectors General to subpoena records and testimony necessary in the performance of their assigned functions.</p> <p>Requires the heads of those entities to: (1) take action to address deficiencies identified by their Inspector General; or (2) certify to both Houses of Congress that no action is necessary or appropriate.</p>]]></text>
      </summary>
      <summary>
        <versionCode>36</versionCode>
        <actionDate>2009-06-08</actionDate>
        <actionDesc>Passed House amended</actionDesc>
        <updateDate>2009-07-01T14:36:10Z</updateDate>
        <text><![CDATA[ <p><b>(This measure has not been amended since it was reported to the House on May 18, 2009. The summary of that version is repeated here.)</b></p> <p>Improved Financial and Commodity Markets Oversight and Accountability Act - Amends the Inspector General Act of 1978 to include the Board of Governors of the Federal Reserve System, the Commodity Futures Trading Commission (CFTC), the National Credit Union Administration (NCUA), the Pension Benefit Guaranty Corporation (PBGC), and the Securities and Exchange Commission (SEC) as establishments the Inspector Generals of which shall be appointed by the President.</p> <p> Applies existing pay requirements under the Inspector General Reform Act of 2008 to the Inspectors General of such entities. Permits such Inspectors General to select, appoint, and employ such officers and employees as necessary and to obtain services of experts or consultants.</p> <p>Authorizes such Inspectors General to subpoena records and testimony necessary in the performance of their assigned functions.</p> <p>Requires the heads of those entities to: (1) take action to address deficiencies identified by their Inspector General; or (2) certify to both Houses of Congress that no action is necessary or appropriate.</p>]]></text>
      </summary>
      <summary>
        <versionCode>01</versionCode>
        <actionDate>2010-03-16</actionDate>
        <actionDesc>Reported to Senate with amendment(s)</actionDesc>
        <updateDate>2010-03-25T20:55:04Z</updateDate>
        <text><![CDATA[ <p>Improved Financial and Commodity Markets Oversight and Accountability Act - Amends the Inspector General Act of 1978 to include the Board of Governors of the Federal Reserve System, the Commodity Futures Trading Commission (CFTC), the National Credit Union Administration (NCUA), the Pension Benefit Guaranty Corporation (PBGC), and the Securities and Exchange Commission (SEC) as establishments the Inspector Generals of which shall be appointed by the President.</p><p> Applies existing pay requirements under the Inspector General Reform Act of 2008 to the Inspectors General of such entities. Permits such Inspectors General to select, appoint, and employ such officers and employees as necessary and to obtain services of experts or consultants.</p><p>Authorizes such Inspectors General to subpoena records and testimony necessary in the performance of their assigned functions.</p><p>Requires the heads of those entities to: (1) take action to address deficiencies identified by their Inspector General; or (2) certify to both Houses of Congress that no action is necessary or appropriate.</p>]]></text>
      </summary>
    </summaries>
    <title>Improved Financial and Commodity Markets Oversight and Accountability Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Improved Financial and Commodity Markets Oversight and Accountability Act</title>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Improved Financial and Commodity Markets Oversight and Accountability Act</title>
      </item>
      <item>
        <titleType>Short Titles as Reported to House</titleType>
        <title>Improved Financial and Commodity Markets Oversight and Accountability Act</title>
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      <item>
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        <chamberCode>S</chamberCode>
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      </item>
      <item>
        <titleType>Short Titles as Passed House</titleType>
        <title>Improved Financial and Commodity Markets Oversight and Accountability Act</title>
        <chamberCode>H</chamberCode>
        <chamberName>House</chamberName>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To elevate the Inspector General of certain Federal entities to an Inspector General appointed pursuant to section 3 of the Inspector General Act of 1978.</title>
      </item>
    </titles>
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        <type>Reported to Senate</type>
        <date>2010-03-16T04:00:00Z</date>
        <formats>
          <item>
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          </item>
        </formats>
      </item>
      <item>
        <type>Referred in Senate</type>
        <date>2009-07-22T04:00:00Z</date>
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          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-111hr885rfs/xml/BILLS-111hr885rfs.xml</url>
          </item>
        </formats>
      </item>
      <item>
        <type>Engrossed in House</type>
        <date>2009-06-08T04:00:00Z</date>
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          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-111hr885eh/xml/BILLS-111hr885eh.xml</url>
          </item>
        </formats>
      </item>
      <item>
        <type>Reported in House</type>
        <date>2009-05-18T04:00:00Z</date>
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          <item>
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          </item>
        </formats>
      </item>
      <item>
        <type>Introduced in House</type>
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        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-111hr885ih/xml/BILLS-111hr885ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2010-03-16</actionDate>
      <text>Placed on Senate Legislative Calendar under General Orders. Calendar No. 320.</text>
    </latestAction>
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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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