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  <bill>
    <number>3814</number>
    <updateDate>2023-01-11T13:23:31Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:23:31Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2014-01-07</introducedDate>
    <congress>113</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. HUDSON:H.R. 3814.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3 of the United StatesConstitution, as this legislation regulates commerce withforeign nations, between the states, and with Indian Tribes.[Page H20]</pre>]]></constitutionalAuthorityStatementText>
    <committees>
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        <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>Referred to</name>
                <date>2014-02-12T15:09:57Z</date>
              </item>
            </activities>
          </item>
        </subcommittees>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2014-01-07T19:01:00Z</date>
          </item>
        </activities>
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    </committees>
    <actions>
      <item>
        <actionDate>2014-02-12</actionDate>
        <committees>
          <item>
            <systemCode>hsag16</systemCode>
            <name>General Farm Commodities, Risk Management, and Credit Subcommittee</name>
          </item>
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        <text>Referred to the Subcommittee on General Farm Commodities and Risk Management.</text>
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      </item>
      <item>
        <actionDate>2014-01-07</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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            <systemCode>hsag00</systemCode>
            <name>Agriculture Committee</name>
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        </committees>
      </item>
      <item>
        <actionDate>2014-01-07</actionDate>
        <text>Introduced in House</text>
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          <name>Library of Congress</name>
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      <item>
        <actionDate>2014-01-07</actionDate>
        <text>Introduced in House</text>
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          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>H001067</bioguideId>
        <fullName>Rep. Hudson, Richard [R-NC-8]</fullName>
        <firstName>Richard</firstName>
        <lastName>Hudson</lastName>
        <party>R</party>
        <state>NC</state>
        <district>8</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Administrative law and regulatory procedures</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>2014-01-07</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2014-03-11T21:41:20Z</updateDate>
        <text><![CDATA[ <p>Risk Management Certainty Act - Amends the Commodity Exchange Act to revise the de minimis exemption from designation as a swap dealer. Specifies the de minimus quantity of swap dealing as at least $8 billion.</p> <p>(The Commodity Futures Trading Commission [CFTC] is required to exempt from designation as a swap dealer any entity that engages in de minimis quantity of swap dealing in connection with transactions with or on behalf of its customers.)</p> <p>Directs the CFTC to include, among the factors used in determining swap dealer exemptions, any monetary or other levels it has established. Prescribes affirmative CFTC action, either by rule or by regulation, as a prerequisite to changing or amending such levels.</p>]]></text>
      </summary>
    </summaries>
    <title>Risk Management Certainty Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Risk Management Certainty Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Commodity Exchange Act to require the de minimis quantity of swap dealing needed to qualify for exemption from designation as a swap dealer to be changed by a vote of the Commodity Futures Trading Commission.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Risk Management Certainty Act</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Introduced in House</type>
        <date>2014-01-07T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-113hr3814ih/xml/BILLS-113hr3814ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2014-02-12</actionDate>
      <text>Referred to the Subcommittee on General Farm Commodities and Risk Management.</text>
    </latestAction>
  </bill>
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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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