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    <number>3911</number>
    <updateDate>2023-01-11T13:38:09Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:38:09Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2017-10-02</introducedDate>
    <congress>115</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 163, Number 157 (Monday, October 2, 2017)]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. 3911.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3[Page H7672]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Banking, Housing, and Urban Affairs Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
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            <name>Referred to</name>
            <date>2017-11-08T17:21:40Z</date>
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            <date>2017-11-03T16:32:29Z</date>
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        <citation>H. Rept. 115-384</citation>
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        <actionDate>2017-11-08</actionDate>
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        <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <actionDate>2017-11-07</actionDate>
        <actionTime>18:30:35</actionTime>
        <text>Motion to reconsider laid on the table Agreed to without objection.</text>
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        <actionDate>2017-11-07</actionDate>
        <actionTime>18:30:34</actionTime>
        <text>On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 389 - 32 (Roll no. 615). (text: CR H8545-8546)</text>
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        <actionTime>18:30:34</actionTime>
        <text>Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 389 - 32 (Roll no. 615).(text: CR H8545-8546)</text>
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        <actionDate>2017-11-07</actionDate>
        <actionTime>18:24:18</actionTime>
        <text>Considered as unfinished business. (consideration: CR H8581)</text>
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        <actionDate>2017-11-07</actionDate>
        <actionTime>14:23:37</actionTime>
        <text>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.</text>
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        <actionCode>H37220</actionCode>
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        <actionDate>2017-11-07</actionDate>
        <actionTime>14:08:00</actionTime>
        <text>DEBATE - The House proceeded with forty minutes of debate on H.R. 3911.</text>
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        <actionDate>2017-11-07</actionDate>
        <actionTime>14:07:58</actionTime>
        <text>Considered under suspension of the rules. (consideration: CR H8545-8547)</text>
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          <code>2</code>
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      <item>
        <actionDate>2017-11-07</actionDate>
        <actionTime>14:07:38</actionTime>
        <text>Mr. Huizenga moved to suspend the rules and pass the bill.</text>
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        <actionCode>H30300</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
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      <item>
        <actionDate>2017-11-03</actionDate>
        <text>Placed on the Union Calendar, Calendar No. 281.</text>
        <type>Calendars</type>
        <actionCode>H12410</actionCode>
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        <text>Reported by the Committee on Financial Services. H. Rept. 115-384.</text>
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        <text>Reported by the Committee on Financial Services. H. Rept. 115-384.</text>
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            <name>Financial Services Committee</name>
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        <actionDate>2017-10-12</actionDate>
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            <name>Financial Services Committee</name>
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        <text>Ordered to be Reported by the Yeas and Nays: 60 - 0.</text>
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        <actionDate>2017-10-12</actionDate>
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            <name>Financial Services Committee</name>
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        <text>Committee Consideration and Mark-up Session Held.</text>
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      <item>
        <actionDate>2017-10-11</actionDate>
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        <text>Committee Consideration and Mark-up Session Held.</text>
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        <actionDate>2017-10-02</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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    <sponsors>
      <item>
        <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>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <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>2017-10-02</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
    </cosponsors>
    <cboCostEstimates>
      <item>
        <pubDate>2017-11-02T13:15:34Z</pubDate>
        <title>H.R. 3911, Risk-Based Credit Examination Act</title>
        <url>https://www.cbo.gov/publication/53281</url>
        <description>As ordered reported by the House Committee on Financial Services on October 12, 2017</description>
      </item>
    </cboCostEstimates>
    <policyArea>
      <name>Finance and Financial Sector</name>
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      <legislativeSubjects>
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          <name>Banking and financial institutions regulation</name>
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          <name>Securities</name>
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      <policyArea>
        <name>Finance and Financial Sector</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2017-10-02</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2017-11-06T20:23:40Z</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 reviewable matters during its annual examination of nationally recognized statistical rating organizations.</p>]]></text>
      </summary>
      <summary>
        <versionCode>79</versionCode>
        <actionDate>2017-11-03</actionDate>
        <actionDesc>Reported to House without amendment</actionDesc>
        <updateDate>2018-02-22T15:51:12Z</updateDate>
        <text><![CDATA[ <p>(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)</p> <p><b>Risk-Based Credit Examination Act</b></p> <p>(Sec. 2) This bill amends the Securities Exchange Act of 1934 to provide the Securities and Exchange Commission's Office of Credit Ratings with discretion concerning reviewable matters during its annual examination of nationally recognized statistical rating organizations.</p>]]></text>
      </summary>
      <summary>
        <versionCode>81</versionCode>
        <actionDate>2017-11-07</actionDate>
        <actionDesc>Passed House without amendment</actionDesc>
        <updateDate>2018-02-22T20:16:27Z</updateDate>
        <text><![CDATA[ <p>(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.) </p><p><b>Risk-Based Credit Examination Act</b></p> <p>(Sec. 2) This bill amends the Securities Exchange Act of 1934 to provide the Securities and Exchange Commission's Office of Credit Ratings with discretion concerning reviewable matters during its annual examination of nationally recognized statistical rating organizations.</p>]]></text>
      </summary>
    </summaries>
    <title>Risk-Based Credit Examination Act</title>
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        <titleType>Display Title</titleType>
        <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>Short Titles as Reported to House</titleType>
        <title>Risk-Based Credit Examination Act</title>
        <chamberCode>H</chamberCode>
        <chamberName>House</chamberName>
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        <title>Risk-Based Credit Examination Act</title>
        <chamberCode>H</chamberCode>
        <chamberName>House</chamberName>
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      <item>
        <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>Referred in Senate</type>
        <date>2017-11-08T05:00:00Z</date>
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        <date>2017-11-07T05:00:00Z</date>
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    <latestAction>
      <actionDate>2017-11-08</actionDate>
      <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</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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