3.0.0 1610 2022-03-01T06:43:08Z 2022-03-01T06:43:08Z House H HR 2011-04-15 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GRIMM:H.R. 1610.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3[Page H2915]]]> hsag00 Agriculture Committee House Standing hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee Referred to 2011-05-11T13:16:09Z Referred to 2011-04-15T13:10:35Z hsba00 Financial Services Committee House Standing hsba16 Capital Markets Subcommittee Reported by 2011-05-04T18:24:36Z Markup by 2011-05-04T18:23:55Z Referred to 2011-05-02T16:04:49Z Referred to 2011-04-15T13:10:30Z Hearings by 2011-03-16T15:45:43Z Business Risk Mitigation and Price Stabilization Act of 2012 112 2682 HR 2012-03-28 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 342. Related bill CRS A bill to provide end user exemptions from certain provisions of the Commodity Exchange Act and the Securities Exchange Act of 1934, and for other purposes. 112 947 S 2011-05-11 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2011-05-11 hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee 1 House committee actions Referred to the Subcommittee on General Farm Commodities and Risk Management. Committee 2011-05-04 hsba16 Capital Markets Subcommittee 1 House committee actions Forwarded by Subcommittee to Full Committee (Amended) by the Yeas and Nays: 19 - 13 . Committee 2011-05-04 hsba16 Capital Markets Subcommittee 1 House committee actions Subcommittee Consideration and Mark-up Session Held. Committee 2011-05-03 hsba16 Capital Markets Subcommittee 1 House committee actions Subcommittee Consideration and Mark-up Session Held. Committee 2011-05-02 hsba16 Capital Markets Subcommittee 1 House committee actions Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises. Committee 2011-04-15 Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsag00 Agriculture Committee 2011-04-15 Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2011-04-15 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-04-15 Introduced in House IntroReferral 1000 9 Library of Congress 2011-03-16 hsba00 Financial Services Committee 1 House committee actions Hearings Held Prior to Introduction. Committee 2011-02-15 hsba00 Financial Services Committee 1 House committee actions Hearings Held Prior to Introduction. Committee G000569 Rep. Grimm, Michael G. [R-NY-13] Michael Grimm R NY G. 13 N N000182 Rep. Neugebauer, Randy [R-TX-19] Randy Neugebauer R TX 19 2011-04-15 True G000548 Rep. Garrett, Scott [R-NJ-5] Scott Garrett R NJ 5 2011-04-15 True C001077 Rep. Coffman, Mike [R-CO-6] Mike Coffman R CO 6 2011-05-13 False G000289 Rep. Goodlatte, Bob [R-VA-6] ROBERT GOODLATTE R VA W. 6 2011-05-24 False Finance and Financial Sector Banking and financial institutions regulation Commodities markets Corporate finance and management Financial services and investments Securities Finance and Financial Sector 00 2011-04-15 Introduced in House 2011-06-29T19:23:51Z Business Risk Mitigation and Price Stabilization Act of 2011 - Amends the Commodity Exchange Act (CEA) and the Securities Exchange Act of 1934 to revise the element of the definition of a major swap participant which states that the participant's outstanding swaps create substantial counterparty exposure that could have serious adverse effects on the financial stability of the U.S. banking system or financial markets. Specifies "net" counterparty exposure, thus stating that the major swap participant's outstanding swaps create substantial net counterparty exposure that could have serious adverse effects on the financial stability of the U.S. banking system or financial markets.

Declares capital and margin requirements governing swap dealers and major swap participants inapplicable to swaps in which one of the counterparties is not: (1) a swap dealer or major swap participant; (2) a specified kind of investment fund; (3) a commodity pool; or (4) the Federal National Mortgage Association (Fannie Mae) or any affiliate, the Federal Home Loan Mortgage Corporation (Freddie Mac) or any affiliate, or a Federal Home Loan Bank.

Exempts from margin requirements under the CEA and the Securities Exchange Act of 1934 any swaps entered into before the date upon which specified final rules must be published under the Wall Street Transparency and Accountability Act of 2010, title VII of the Dodd-Frank Wall Street Reform and Consumer Protection Act.

]]> Business Risk Mitigation and Price Stabilization Act of 2011 Short Titles as Introduced Business Risk Mitigation and Price Stabilization Act of 2011 Official Title as Introduced To provide end user exemptions from certain provisions of the Commodity Exchange Act and the Securities Exchange Act of 1934, and for other purposes. Display Title Business Risk Mitigation and Price Stabilization Act of 2011 Introduced in House 2011-04-15T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr1610ih/xml/BILLS-112hr1610ih.xml 2011-05-11 Referred to the Subcommittee on General Farm Commodities and Risk Management. text/xml EN 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. Congressional Research Service, Library of Congress 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.