3.0.0 2682 2023-01-11T13:22:41Z 2023-01-11T13:22:41Z House H HR 2011-07-28 112 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. GRIMM:H.R. 2682.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3[Page H5733]]]> hsag00 Agriculture Committee House Standing hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee Discharged from 2012-01-25T18:05:24Z Referred to 2011-08-10T13:39:05Z Reported by 2012-02-08T22:21:39Z Markup by 2012-01-25T18:05:36Z Referred to 2011-07-28T14:01:20Z hsba00 Financial Services Committee House Standing hsba16 Capital Markets Subcommittee Referred to 2011-08-22T18:12:03Z Reported by 2011-12-23T15:06:14Z Markup by 2011-11-30T20:58:58Z Referred to 2011-07-28T14:01:15Z H. Rept. 112-343,Part 1 H. Rept. 112-343,Part 2 Business Risk Mitigation and Price Stabilization Act of 2011 112 1610 HR 2011-05-11 Referred to the Subcommittee on General Farm Commodities and Risk Management. Related bill CRS Dodd-Frank Improvement Act of 2011 112 1650 S 2011-10-04 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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. 112 3480 S 2012-08-01 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2012-03-28 Senate Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 342. Calendars 2012-03-27 Senate Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time. Calendars 2012-03-26 19:02:28 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2012-03-26 19:02:27 On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 370 - 24 (Roll no. 128). (text: CR H1551) Floor H37300 2 House floor actions 128 https://clerk.house.gov/evs/2012/roll128.xml House 112 2012-03-26T23:02:27Z 2 2012-03-26 19:02:27 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 370 - 24 (Roll no. 128).(text: CR H1551) Floor 8000 9 Library of Congress 128 https://clerk.house.gov/evs/2012/roll128.xml House 112 2012-03-26T23:02:27Z 2 2012-03-26 18:55:21 Considered as unfinished business. (consideration: CR H1557-1558) Floor H30000 2 House floor actions 2012-03-26 15:39:41 At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed. Floor H37220 2 House floor actions 2012-03-26 15:20:30 DEBATE - The House proceeded with forty minutes of debate on H.R. 2682. Floor H8D000 2 House floor actions 2012-03-26 15:20:29 Considered under suspension of the rules. (consideration: CR H1551-1553) Floor H30000 2 House floor actions 2012-03-26 15:20:15 Mr. Garrett moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2012-02-08 Placed on the Union Calendar, Calendar No. 267. Calendars H12410 2 House floor actions U00267 2012-02-08 Reported (Amended) by the Committee on Agriculture. H. Rept. 112-343, Part II. Committee H12200 2 House floor actions hsag00 Agriculture Committee 2012-02-08 Reported (Amended) by the Committee on Agriculture. H. Rept. 112-343, Part II. Committee 5000 9 Library of Congress hsag00 Agriculture Committee 2012-02-01 House Committee on Agriculture Granted an extension for further consideration ending not later than Feb. 8, 2012. IntroReferral H11210 2 House floor actions hsag00 Agriculture Committee 2012-01-25 hsag00 Agriculture Committee 1 House committee actions Ordered to be Reported (Amended) by Voice Vote. Committee 2012-01-25 hsag00 Agriculture Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2012-01-25 hsag00 Agriculture Committee 1 House committee actions Subcommittee on General Farm Commodities and Risk Management Discharged. Committee 2011-12-23 House Committee on Agriculture Granted an extension for further consideration ending not later than Feb. 1, 2012. IntroReferral H11210 2 House floor actions hsag00 Agriculture Committee 2011-12-23 Reported by the Committee on Financial Services. H. Rept. 112-343, Part I. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2011-12-23 Reported by the Committee on Financial Services. H. Rept. 112-343, Part I. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2011-11-30 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported by Voice Vote. Committee 2011-11-30 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2011-08-22 hsba16 Capital Markets Subcommittee 1 House committee actions Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises. Committee 2011-08-10 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 2011-07-28 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 2011-07-28 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 2011-07-28 Introduced in House IntroReferral Intro-H 9 Library of Congress 2011-07-28 Introduced in House IntroReferral 1000 9 Library of Congress G000569 Rep. Grimm, Michael G. [R-NY-13] Michael Grimm R NY G. 13 N P000595 Rep. Peters, Gary C. [D-MI-9] Gary Peters D MI 9 2011-07-28 True S001189 Rep. Scott, Austin [R-GA-8] Austin Scott R GA 8 2011-07-28 True O000169 Rep. Owens, William L. [D-NY-23] William Owens D NY L. 23 2011-07-28 True D000613 Rep. Dold, Robert J. [R-IL-10] Robert Dold R IL J. 10 2011-11-30 False M001160 Rep. Moore, Gwen [D-WI-4] Gwen Moore D WI 4 2012-01-18 False K000220 Rep. Kingston, Jack [R-GA-1] JACK KINGSTON R GA 1 2012-01-31 False M000485 Rep. McIntyre, Mike [D-NC-7] MIKE MCINTYRE D NC 7 2012-02-07 False Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Commodities markets Commodity Futures Trading Commission Corporate finance and management Financial services and investments Securities Finance and Financial Sector 00 2011-07-28 Introduced in House 2011-11-29T16:38:44Z Business Risk Mitigation and Price Stabilization Act of 2011 - Amends the Commodity Exchange Act (CEA) to exempt, from the rules of prudential regulators for swap dealers and major swap participants with respect to initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization, those swaps in which one of the counterparties is: (1) not a financial entity, and (2) is eligible for exception from clearing requirements for certain significant price discovery agreements, contracts, or transactions in a commodity exempt from regulation by the Commodity Futures Trading Commission (CFTC).

Amends the Securities Exchange Act of 1934, with respect to registration and regulation of security-based swap dealers and major security-based swap participants, to exempt from initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization any security-based swap in which one of the counterparties is: (1) not a financial entity, and (2) is eligible for exception from clearing requirements.

]]> 28 2011-12-23 Reported to House without amendment, Part I 2012-03-12T20:32:59Z (This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Business Risk Mitigation and Price Stabilization Act of 2011 - Amends the Commodity Exchange Act (CEA) to exempt, from the rules of prudential regulators for swap dealers and major swap participants with respect to initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization, those swaps in which one of the counterparties is: (1) not a financial entity, and (2) is eligible for exception from clearing requirements for certain significant price discovery agreements, contracts, or transactions in a commodity exempt from regulation by the Commodity Futures Trading Commission (CFTC).

Amends the Securities Exchange Act of 1934, with respect to registration and regulation of security-based swap dealers and major security-based swap participants, to exempt from initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization any security-based swap in which one of the counterparties is: (1) not a financial entity, and (2) is eligible for exception from clearing requirements.

]]> 19 2012-02-08 Reported to House amended, Part II 2012-03-12T21:13:25Z Business Risk Mitigation and Price Stabilization Act of 2012 - Amends the Commodity Exchange Act (CEA) to exempt, from the rules of prudential regulators for swap dealers and major swap participants with respect to initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization, those swaps in which one of the counterparties: (1) is eligible for exception from clearing requirements for certain significant price discovery agreements, contracts, or transactions in a commodity exempt from regulation by the Commodity Futures Trading Commission (CFTC); or (2) satisfies specified criteria governing treatment of affiliates in connection with clearing requirements.

Amends the Securities Exchange Act of 1934, with respect to registration and regulation of security-based swap dealers and major security-based swap participants, to exempt from initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization any security-based swap in which one of the counterparties is: (1) not a financial entity, and (2) is eligible for exception from clearing requirements.

]]> 36 2012-03-26 Passed House amended 2012-05-15T20:10:11Z Business Risk Mitigation and Price Stabilization Act of 2012 - (Sec. 2) Amends the Commodity Exchange Act (CEA) to exempt, from the rules of prudential regulators for swap dealers and major swap participants with respect to initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization, those swaps in which one of the counterparties: (1) is eligible for an exception from clearing requirements for certain significant price discovery agreements, contracts, or transactions in a commodity exempt from regulation by the Commodity Futures Trading Commission (CFTC); or (2) satisfies specified criteria governing treatment of affiliates in connection with clearing requirements.

Amends the Securities Exchange Act of 1934, regarding registration and regulation of security-based swap dealers and major security-based swap participants, to exempt from initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization a security-based swap in which one of the counterparties: (1) qualifies for a specified exception from clearing requirements, or (2) satisfies certain criteria governing the treatment of affiliates.

(Sec. 3) Requires that the amendments to CEA made by this Act be implemented: (1) without regard to federal information policy requirements or the notice and comment requirements of federal administrative procedure; and (2) through promulgation of an interim final rule, pursuant to which public comment will be sought before a final rule is issued.

Limits the disregard of such federal information policy and notice and comment requirements solely to changes to rules and regulations, or proposed rule and regulations, that are limited to, and directly a consequence of, the amendments to CEA made by this Act.

]]> Business Risk Mitigation and Price Stabilization Act of 2012 Display Title Business Risk Mitigation and Price Stabilization Act of 2012 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. Introduced in House IH Short Titles as Introduced Business Risk Mitigation and Price Stabilization Act of 2011 Short Titles as Reported to House Business Risk Mitigation and Price Stabilization Act of 2011 H House Short Titles as Passed House Business Risk Mitigation and Price Stabilization Act of 2012 H House Placed on Calendar Senate 2012-03-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2682pcs/xml/BILLS-112hr2682pcs.xml Engrossed in House 2012-03-26T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2682eh/xml/BILLS-112hr2682eh.xml Reported in House 2012-02-08T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2682rh/xml/BILLS-112hr2682rh.xml Introduced in House 2011-07-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-112hr2682ih/xml/BILLS-112hr2682ih.xml 2012-03-28 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 342. 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.