3.0.0 1341 2023-01-11T13:23:22Z 2023-01-11T13:23:22Z House H HR 2013-03-21 113 From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. FINCHER:H.R. 1341.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8[Page H1827]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2013-07-09T18:51:05Z hsag00 Agriculture Committee House Standing hsag16 General Farm Commodities, Risk Management, and Credit Subcommittee Referred to 2013-04-23T18:41:14Z Discharged from 2013-06-28T15:48:19Z Referred to 2013-03-21T13:03:25Z hsba00 Financial Services Committee House Standing hsba16 Capital Markets Subcommittee Hearings by 2013-04-11T20:21:57Z Reported by 2013-06-28T15:47:52Z Markup by 2013-05-07T14:18:33Z Referred to 2013-03-21T13:03:20Z H. Rept. 113-134 2013-07-09 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2013-07-08 18:55:58 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2013-07-08 18:55:57 On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 353 - 24 (Roll no. 305). (text: CR H4181) Floor H37300 2 House floor actions 305 https://clerk.house.gov/evs/2013/roll305.xml House 113 2013-07-08T22:55:57Z 1 2013-07-08 18:55:57 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): 353 - 24 (Roll no. 305).(text: CR H4181) Floor 8000 9 Library of Congress 305 https://clerk.house.gov/evs/2013/roll305.xml House 113 2013-07-08T22:55:57Z 1 2013-07-08 18:32:59 Considered as unfinished business. (consideration: CR H4186) Floor H30000 2 House floor actions 2013-07-08 17:40:22 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 2013-07-08 17:30:58 DEBATE - The House proceeded with forty minutes of debate on H.R. 1341. Floor H8D000 2 House floor actions 2013-07-08 17:30:57 Considered under suspension of the rules. (consideration: CR H4181-4182) Floor H30000 2 House floor actions 2013-07-08 17:30:29 Mr. Fincher moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2013-06-28 Placed on the Union Calendar, Calendar No. 96. Calendars H12410 2 House floor actions U00096 2013-06-28 Committee on Agriculture discharged. Discharge H12300 2 House floor actions hsag00 Agriculture Committee 2013-06-28 Committee on Agriculture discharged. Committee 5500 9 Library of Congress hsag00 Agriculture Committee 2013-06-28 Reported (Amended) by the Committee on Financial Services. H. Rept. 113-134, Part I. Committee H12200 2 House floor actions hsba00 Financial Services Committee 2013-06-28 Reported (Amended) by the Committee on Financial Services. H. Rept. 113-134, Part I. Committee 5000 9 Library of Congress hsba00 Financial Services Committee 2013-05-07 hsba00 Financial Services Committee 1 House committee actions Ordered to be Reported (Amended) by the Yeas and Nays: 59 - 0. Committee 2013-05-07 hsba00 Financial Services Committee 1 House committee actions Committee Consideration and Mark-up Session Held. Committee 2013-04-23 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 2013-04-11 hsba16 Capital Markets Subcommittee 1 House committee actions Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral. Committee 2013-03-21 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 2013-03-21 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 2013-03-21 Sponsor introductory remarks on measure. (CR E356-357) IntroReferral B00100 9 Library of Congress 2013-03-21 Introduced in House IntroReferral Intro-H 9 Library of Congress 2013-03-21 Introduced in House IntroReferral 1000 9 Library of Congress F000458 Rep. Fincher, Stephen Lee [R-TN-8] Stephen Fincher R TN Lee 8 N S001157 Rep. Scott, David [D-GA-13] David Scott D GA 13 2013-04-12 False G000569 Rep. Grimm, Michael G. [R-NY-11] Michael Grimm R NY G. 11 2013-04-12 False H001058 Rep. Huizenga, Bill [R-MI-2] Bill Huizenga R MI 2 2013-04-12 False G000560 Rep. Graves, Tom [R-GA-14] Tom Graves R GA 14 2013-04-25 False Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation Competitiveness, trade promotion, trade deficits Congressional oversight Government studies and investigations Securities Finance and Financial Sector 00 2013-03-21 Introduced in House 2013-05-07T18:52:14Z Financial Competitive Act of 2013 - Directs the Financial Stability Oversight Council to study and report to Congress on the likely effects that differences between the United States and other jurisdictions in implementing the derivatives credit valuation adjustment capital requirement would have on: (1) U.S. financial institutions that conduct derivatives transactions and participate in derivatives markets, (2) end users of derivatives, and (3) international derivatives markets.

Requires the study to recommend steps Congress and the contituent agencies of the Council should take to: (1) minimize any expected negative effects on U.S. financial institutions, derivatives markets, and end users; and (2) encourage greater international consistency in implementation of internationally agreed capital, liquidity, and other prudential standards.

]]> 18 2013-06-28 Reported to House amended, Part I 2013-07-24T21:30:28Z Financial Competitive Act of 2013 - Directs the Financial Stability Oversight Council (FSOC) to study and report to Congress on the likely effects that differences between the United States and other jurisdictions in implementing the derivatives credit valuation adjustment capital requirement would have upon: (1) U.S. financial institutions that conduct derivatives transactions and participate in derivatives markets, (2) end users of derivatives, and (3) international derivatives markets.

Requires the study to recommend steps Congress and the constituent agencies of the FSOC should take to: (1) minimize any expected negative effects on U.S. financial institutions, derivatives markets, and end users; (2) encourage greater international consistency in implementation of internationally agreed capital, liquidity, and other prudential standards; and (3) ensure that the FSOC fulfills its statutory mandate to identify risks and respond to emerging threats to financial stability.

]]> 36 2013-07-08 Passed House amended 2013-07-24T21:30:36Z (This measure has not been amended since it was reported to the House on June 28, 2013. The summary of that version is repeated here.)

Financial Competitive Act of 2013 - Directs the Financial Stability Oversight Council (FSOC) to study and report to Congress on the likely effects that differences between the United States and other jurisdictions in implementing the derivatives credit valuation adjustment capital requirement would have upon: (1) U.S. financial institutions that conduct derivatives transactions and participate in derivatives markets, (2) end users of derivatives, and (3) international derivatives markets.

Requires the study to recommend steps Congress and the constituent agencies of the FSOC should take to: (1) minimize any expected negative effects on U.S. financial institutions, derivatives markets, and end users; (2) encourage greater international consistency in implementation of internationally agreed capital, liquidity, and other prudential standards; and (3) ensure that the FSOC fulfills its statutory mandate to identify risks and respond to emerging threats to financial stability.

]]> Financial Competitive Act of 2013 Display Title Financial Competitive Act of 2013 Short Titles as Introduced Financial Competitive Act of 2013 Short Titles as Reported to House Financial Competitive Act of 2013 H House Short Titles as Passed House Financial Competitive Act of 2013 H House Official Title as Introduced To require the Financial Stability Oversight Council to conduct a study of the likely effects of the differences between the United States and other jurisdictions in implementing the derivatives credit valuation adjustment capital requirement. Referred in Senate 2013-07-09T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr1341rfs/xml/BILLS-113hr1341rfs.xml Engrossed in House 2013-07-08T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr1341eh/xml/BILLS-113hr1341eh.xml Reported in House 2013-06-28T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr1341rh/xml/BILLS-113hr1341rh.xml Introduced in House 2013-03-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-113hr1341ih/xml/BILLS-113hr1341ih.xml 2013-07-09 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. 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.