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  <version>3.0.0</version>
  <bill>
    <number>1840</number>
    <updateDate>2022-02-28T11:39:40Z</updateDate>
    <updateDateIncludingText>2022-02-28T11:39:40Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2011-05-11</introducedDate>
    <congress>112</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. CONAWAY:H.R. 1840.Congress has the power to enact this legislation pursuantto the following:The Constitutional authority on which this bill rest is thepower of Congress to regulate Commerce among the severalstates, as enumerated in Article 1, Section 8, Clause 3.[Page H3219]</pre>]]></constitutionalAuthorityStatementText>
    <committees>
      <item>
        <systemCode>hsag00</systemCode>
        <name>Agriculture Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <subcommittees>
          <item>
            <systemCode>hsag16</systemCode>
            <name>General Farm Commodities, Risk Management, and Credit Subcommittee</name>
            <activities>
              <item>
                <name>Discharged from</name>
                <date>2012-01-25T17:45:11Z</date>
              </item>
              <item>
                <name>Referred to</name>
                <date>2011-06-08T16:13:15Z</date>
              </item>
            </activities>
          </item>
        </subcommittees>
        <activities>
          <item>
            <name>Reported by</name>
            <date>2012-05-16T20:03:20Z</date>
          </item>
          <item>
            <name>Markup by</name>
            <date>2012-01-25T17:43:34Z</date>
          </item>
          <item>
            <name>Referred to</name>
            <date>2011-05-11T14:04:15Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <committeeReports>
      <committeeReport>
        <citation>H. Rept. 112-482</citation>
      </committeeReport>
    </committeeReports>
    <actions>
      <item>
        <actionDate>2012-05-16</actionDate>
        <text>Placed on the Union Calendar, Calendar No. 337.</text>
        <type>Calendars</type>
        <actionCode>H12410</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
        <calendarNumber>
          <calendar>U00337</calendar>
        </calendarNumber>
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      <item>
        <actionDate>2012-05-16</actionDate>
        <text>Reported by the Committee on Agriculture. H. Rept. 112-482.</text>
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        <actionCode>H12200</actionCode>
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            <name>Agriculture Committee</name>
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        <actionDate>2012-05-16</actionDate>
        <text>Reported by the Committee on Agriculture. H. Rept. 112-482.</text>
        <type>Committee</type>
        <actionCode>5000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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        <committees>
          <item>
            <systemCode>hsag00</systemCode>
            <name>Agriculture Committee</name>
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      </item>
      <item>
        <actionDate>2012-01-25</actionDate>
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            <systemCode>hsag00</systemCode>
            <name>Agriculture Committee</name>
          </item>
        </committees>
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          <name>House committee actions</name>
        </sourceSystem>
        <text>Ordered to be Reported by Voice Vote.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2012-01-25</actionDate>
        <committees>
          <item>
            <systemCode>hsag00</systemCode>
            <name>Agriculture Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <code>1</code>
          <name>House committee actions</name>
        </sourceSystem>
        <text>Subcommittee on General Farm Commodities and Risk Management Discharged.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2012-01-25</actionDate>
        <committees>
          <item>
            <systemCode>hsag00</systemCode>
            <name>Agriculture Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <code>1</code>
          <name>House committee actions</name>
        </sourceSystem>
        <text>Committee Consideration and Mark-up Session Held.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2011-06-08</actionDate>
        <committees>
          <item>
            <systemCode>hsag16</systemCode>
            <name>General Farm Commodities, Risk Management, and Credit Subcommittee</name>
          </item>
        </committees>
        <sourceSystem>
          <code>1</code>
          <name>House committee actions</name>
        </sourceSystem>
        <text>Referred to the Subcommittee on General Farm Commodities and Risk Management.</text>
        <type>Committee</type>
      </item>
      <item>
        <actionDate>2011-05-11</actionDate>
        <text>Referred to the House Committee on Agriculture.</text>
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        <actionCode>H11100</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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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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      <item>
        <actionDate>2011-05-11</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>C001062</bioguideId>
        <fullName>Rep. Conaway, K. Michael [R-TX-11]</fullName>
        <firstName>K.</firstName>
        <lastName>Conaway</lastName>
        <party>R</party>
        <state>TX</state>
        <middleName>Michael</middleName>
        <district>11</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>Q000023</bioguideId>
        <fullName>Rep. Quigley, Mike [D-IL-5]</fullName>
        <firstName>Mike</firstName>
        <lastName>Quigley</lastName>
        <party>D</party>
        <state>IL</state>
        <district>5</district>
        <sponsorshipDate>2011-05-11</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001156</bioguideId>
        <fullName>Rep. McHenry, Patrick T. [R-NC-10]</fullName>
        <firstName>Patrick</firstName>
        <lastName>McHenry</lastName>
        <party>R</party>
        <state>NC</state>
        <district>10</district>
        <sponsorshipDate>2011-05-11</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B000652</bioguideId>
        <fullName>Rep. Boswell, Leonard L. [D-IA-3]</fullName>
        <firstName>LEONARD</firstName>
        <lastName>BOSWELL</lastName>
        <party>D</party>
        <state>IA</state>
        <middleName>L.</middleName>
        <district>3</district>
        <sponsorshipDate>2011-05-11</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>N000182</bioguideId>
        <fullName>Rep. Neugebauer, Randy [R-TX-19]</fullName>
        <firstName>Randy</firstName>
        <lastName>Neugebauer</lastName>
        <party>R</party>
        <state>TX</state>
        <district>19</district>
        <sponsorshipDate>2011-05-11</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>O000169</bioguideId>
        <fullName>Rep. Owens, William L. [D-NY-23]</fullName>
        <firstName>William</firstName>
        <lastName>Owens</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>L.</middleName>
        <district>23</district>
        <sponsorshipDate>2011-07-08</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000548</bioguideId>
        <fullName>Rep. Garrett, Scott [R-NJ-5]</fullName>
        <firstName>Scott</firstName>
        <lastName>Garrett</lastName>
        <party>R</party>
        <state>NJ</state>
        <district>5</district>
        <sponsorshipDate>2011-07-08</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001187</bioguideId>
        <fullName>Rep. Stivers, Steve [R-OH-15]</fullName>
        <firstName>Steve</firstName>
        <lastName>Stivers</lastName>
        <party>R</party>
        <state>OH</state>
        <district>15</district>
        <sponsorshipDate>2011-07-08</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>K000220</bioguideId>
        <fullName>Rep. Kingston, Jack [R-GA-1]</fullName>
        <firstName>JACK</firstName>
        <lastName>KINGSTON</lastName>
        <party>R</party>
        <state>GA</state>
        <district>1</district>
        <sponsorshipDate>2011-07-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>R000587</bioguideId>
        <fullName>Rep. Ribble, Reid J. [R-WI-8]</fullName>
        <firstName>Reid</firstName>
        <lastName>Ribble</lastName>
        <party>R</party>
        <state>WI</state>
        <middleName>J.</middleName>
        <district>8</district>
        <sponsorshipDate>2011-10-05</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000564</bioguideId>
        <fullName>Rep. Gibson, Christopher P. [R-NY-20]</fullName>
        <firstName>Christopher</firstName>
        <lastName>Gibson</lastName>
        <party>R</party>
        <state>NY</state>
        <middleName>P.</middleName>
        <district>20</district>
        <sponsorshipDate>2011-11-30</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Administrative law and regulatory procedures</name>
        </item>
        <item>
          <name>Banking and financial institutions regulation</name>
        </item>
        <item>
          <name>Commodities markets</name>
        </item>
        <item>
          <name>Commodity Futures Trading Commission</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2011-05-11</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2011-07-27T16:46:31Z</updateDate>
        <text><![CDATA[ <p>Amends the Commodity Exchange Act to revise the requirement that the Commodity Futures Trading Commission (CFTC), before promulgating a regulation or issuing an order, consider the costs and benefits of the action. Requires the CFTC, through the Office of the Chief Economist, to: (1) assess the costs and benefits, both qualitative and quantitative, of an intended regulation; and (2) propose or adopt a regulation only on a reasoned determination that the benefits justify the costs.</p> <p>Lists additional mandatory considerations for the CFTC to evaluate in making a reasoned determination of the costs and the benefits, including the impact on market liquidity in the futures and swaps markets, as well as alternatives to direct regulation.</p>]]></text>
      </summary>
      <summary>
        <versionCode>79</versionCode>
        <actionDate>2012-05-16</actionDate>
        <actionDesc>Reported to House without amendment</actionDesc>
        <updateDate>2012-07-20T15:38:43Z</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 Commodity Exchange Act to revise the requirement that the Commodity Futures Trading Commission (CFTC), before promulgating a regulation or issuing an order, consider the costs and benefits of the action. Requires the CFTC, through the Office of the Chief Economist, to: (1) assess the costs and benefits, both qualitative and quantitative, of an intended regulation; and (2) propose or adopt a regulation only on a reasoned determination that the benefits justify the costs.</p> <p>Lists additional mandatory considerations for the CFTC to evaluate in making a reasoned determination of the costs and the benefits, including the impact on market liquidity in the futures and swaps markets, as well as alternatives to direct regulation.</p>]]></text>
      </summary>
    </summaries>
    <title>To improve consideration by the Commodity Futures Trading Commission of the costs and benefits of its regulations and orders.</title>
    <titles>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To improve consideration by the Commodity Futures Trading Commission of the costs and benefits of its regulations and orders.</title>
      </item>
      <item>
        <titleType>Display Title</titleType>
        <title>To improve consideration by the Commodity Futures Trading Commission of the costs and benefits of its regulations and orders.</title>
      </item>
    </titles>
    <textVersions>
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        <type>Reported in House</type>
        <date>2012-05-16T04:00:00Z</date>
        <formats>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-112hr1840rh/xml/BILLS-112hr1840rh.xml</url>
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      </item>
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        <type>Introduced in House</type>
        <date>2011-05-11T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-112hr1840ih/xml/BILLS-112hr1840ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2012-05-16</actionDate>
      <text>Placed on the Union Calendar, Calendar No. 337.</text>
    </latestAction>
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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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