3.0.0 1165 2023-01-11T13:28:39Z 2023-01-11T13:28:39Z House HR 2015-02-27 114 [Congressional Record Volume 161, Number 34 (Friday, February 27, 2015)]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CAPUANO:H.R. 1165.Congress has the power to enact this legislation pursuantto the following:Article I, section 8, clause 3 (relating to the power toregulate interstate commerce).[Page H1500]]]> hsba00 Financial Services Committee House Standing Referred to 2015-02-27T14:01:45Z 2015-02-27 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2015-02-27 Introduced in House IntroReferral Intro-H 9 Library of Congress 2015-02-27 Introduced in House IntroReferral 1000 9 Library of Congress C001037 Rep. Capuano, Michael E. [D-MA-7] MICHAEL CAPUANO D MA E. 7 N Finance and Financial Sector Accounting and auditing Banking and financial institutions regulation Financial services and investments Securities Securities and Exchange Commission (SEC) Finance and Financial Sector 00 2015-02-27 Introduced in House 2015-03-10T21:36:41Z Keep Repos to Maturity on Balance Sheet Act of 2015

Directs the Securities and Exchange Commission, in establishing accounting principles or standards for purposes of the securities laws, to require that a repurchase-to-maturity transaction be treated as a secured borrowing in which the transferred asset serves as collateral.

Defines "repurchase-to-maturity transaction" as one in which: (1) a financial asset is transferred in exchange for cash, other financial assets, or letters of credit; and (2) the transferor and the transferee agree, concurrently that, at the asset's maturity, the transferee may either return the transferred asset (or a substantially similar asset) to the transferor, or redeem the transferred asset from the issuer of the transferred asset.

]]> Keep Repos to Maturity on Balance Sheet Act of 2015 Display Title Keep Repos to Maturity on Balance Sheet Act of 2015 Official Title as Introduced To direct the Securities and Exchange Commission to require that repurchase-to-maturity transactions be treated as secured borrowings. Introduced in House IH Short Titles as Introduced Keep Repos to Maturity on Balance Sheet Act of 2015 Introduced in House 2015-02-27T05:00:00Z https://www.govinfo.gov/content/pkg/BILLS-114hr1165ih/xml/BILLS-114hr1165ih.xml 2015-02-27 Referred to the House Committee on Financial Services. 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.