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    <number>5991</number>
    <updateDate>2023-01-11T13:33:50Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:33:50Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2016-09-09</introducedDate>
    <congress>114</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 162, Number 136 (Friday, September 9, 2016)]From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mrs. WAGNER:H.R. 5991.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3The Congress shall have Power * * * To regulate Commercewith foreign Nations, and among the several States, and withthe Indian Tribes.____________________[Page H5256]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2016-09-09T13:02:40Z</date>
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    <relatedBills>
      <item>
        <title>Financial CHOICE Act of 2016</title>
        <congress>114</congress>
        <number>5983</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2016-12-20</actionDate>
          <text>Placed on the Union Calendar, Calendar No. 693.</text>
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        <actionDate>2016-09-09</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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            <name>Financial Services Committee</name>
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        <actionDate>2016-09-09</actionDate>
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        <bioguideId>W000812</bioguideId>
        <fullName>Rep. Wagner, Ann [R-MO-2]</fullName>
        <firstName>Ann</firstName>
        <lastName>Wagner</lastName>
        <party>R</party>
        <state>MO</state>
        <district>2</district>
        <isByRequest>N</isByRequest>
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        <bioguideId>F000454</bioguideId>
        <fullName>Rep. Foster, Bill [D-IL-11]</fullName>
        <firstName>Bill</firstName>
        <lastName>Foster</lastName>
        <party>D</party>
        <state>IL</state>
        <district>11</district>
        <sponsorshipDate>2016-09-09</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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    <policyArea>
      <name>Finance and Financial Sector</name>
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          <name>Banking and financial institutions regulation</name>
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          <name>Financial services and investments</name>
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      <summary>
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        <actionDate>2016-09-09</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2017-03-20T21:47:03Z</updateDate>
        <text><![CDATA[ <p><b>Risk-Based Credit Examination Act</b></p> <p>This bill amends the Securities Exchange Act of 1934 to provide the Securities and Exchange Commission's Office of Credit Ratings with discretion concerning the matters to review in its annual examinations of the management and activities of nationally recognized statistical rating organizations.</p>]]></text>
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    <title>Risk-Based Credit Examination Act</title>
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        <title>Risk-Based Credit Examination Act</title>
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        <titleType>Short Titles as Introduced</titleType>
        <title>Risk-Based Credit Examination Act</title>
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        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Securities Exchange Act of 1934 with respect to risk-based examinations of Nationally Recognized Statistical Rating Organizations.</title>
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        <type>Introduced in House</type>
        <date>2016-09-09T04:00:00Z</date>
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    <latestAction>
      <actionDate>2016-09-09</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <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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