3.0.0 6934 2023-01-11T13:42:52Z 2023-01-11T13:42:52Z House HR 2020-05-19 116 [Congressional Record Volume 166, Number 94 (Tuesday, May 19, 2020)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Ms. DEAN:H.R. 6934.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8[Page H2271]]]> ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2020-09-22T22:48:03Z hsba00 Financial Services Committee House Standing Referred to 2020-05-19T14:35:05Z 2020-09-22 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 2020-09-21 16:26:01 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2020-09-21 16:25:59 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4602) Floor H37300 2 House floor actions 2020-09-21 16:25:59 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. Floor 8000 9 Library of Congress 2020-09-21 16:16:10 DEBATE - The House proceeded with forty minutes of debate on H.R. 6934. Floor H8D000 2 House floor actions 2020-09-21 16:16:02 Considered under suspension of the rules. (consideration: CR H4602-4603) Floor H30000 2 House floor actions 2020-09-21 16:15:40 Mr. Sherman moved to suspend the rules and pass the bill, as amended. Floor H30300 2 House floor actions 2020-05-19 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2020-05-19 Introduced in House IntroReferral Intro-H 9 Library of Congress 2020-05-19 Introduced in House IntroReferral 1000 9 Library of Congress D000631 Rep. Dean, Madeleine [D-PA-4] Madeleine Dean D PA 4 N W000187 Rep. Waters, Maxine [D-CA-43] MAXINE WATERS D CA 43 2020-05-19 True B001282 Rep. Barr, Andy [R-KY-6] Andy Barr R KY 6 2020-05-19 True M000087 Rep. Maloney, Carolyn B. [D-NY-12] CAROLYN MALONEY D NY B. 12 2020-05-22 False K000392 Rep. Kustoff, David [R-TN-8] David Kustoff R TN 8 2020-05-27 False W000812 Rep. Wagner, Ann [R-MO-2] Ann Wagner R MO 2 2020-05-27 False B001305 Rep. Budd, Ted [R-NC-13] Ted Budd R NC 13 2020-05-28 False S001213 Rep. Steil, Bryan [R-WI-1] Bryan Steil R WI 1 2020-05-28 False S000344 Rep. Sherman, Brad [D-CA-30] BRAD SHERMAN D CA 30 2020-06-04 False P000599 Rep. Posey, Bill [R-FL-8] Bill Posey R FL 8 2020-06-08 False H001064 Rep. Heck, Denny [D-WA-10] Denny Heck D WA 10 2020-06-11 False M001206 Rep. Morelle, Joseph D. [D-NY-25] Joseph Morelle D NY D. 25 2020-06-11 False C001061 Rep. Cleaver, Emanuel [D-MO-5] Emanuel Cleaver D MO 5 2020-06-15 False H001058 Rep. Huizenga, Bill [R-MI-2] Bill Huizenga R MI 2 2020-06-15 False L000583 Rep. Loudermilk, Barry [R-GA-11] Barry Loudermilk R GA 11 2020-06-15 False P000593 Rep. Perlmutter, Ed [D-CO-7] Ed Perlmutter D CO 7 2020-06-18 False S001187 Rep. Stivers, Steve [R-OH-15] Steve Stivers R OH 15 2020-06-18 False L000569 Rep. Luetkemeyer, Blaine [R-MO-3] Blaine Luetkemeyer R MO 3 2020-06-18 False G000581 Rep. Gonzalez, Vicente [D-TX-15] Vicente Gonzalez D TX 15 2020-06-25 False S001157 Rep. Scott, David [D-GA-13] David Scott D GA 13 2020-06-25 False S001185 Rep. Sewell, Terri A. [D-AL-7] Terri Sewell D AL A. 7 2020-06-25 False B001281 Rep. Beatty, Joyce [D-OH-3] Joyce Beatty D OH 3 2020-07-09 False G000553 Rep. Green, Al [D-TX-9] Al Green D TX 9 2020-07-13 False C001049 Rep. Clay, Wm. Lacy [D-MO-1] WM. CLAY D MO LACY 1 2020-07-13 False G000583 Rep. Gottheimer, Josh [D-NJ-5] Josh Gottheimer D NJ 5 2020-07-30 False H001074 Rep. Hollingsworth, Trey [R-IN-9] Trey Hollingsworth R IN 9 2020-09-11 False T000474 Rep. Torres, Norma J. [D-CA-35] Norma Torres D CA J. 35 2020-09-16 False G000589 Rep. Gooden, Lance [R-TX-5] Lance Gooden R TX 5 2020-09-16 False Finance and Financial Sector Administrative law and regulatory procedures Business investment and capital Cardiovascular and respiratory health Competition and antitrust Congressional oversight Credit and credit markets Department of the Treasury Emergency medical services and trauma care Federal Reserve System Government information and archives Government lending and loan guarantees Government studies and investigations Infectious and parasitic diseases Securities Small business Finance and Financial Sector 00 2020-05-19 Introduced in House 2020-09-21T18:45:55Z This bill provides for the uniform treatment under existing COVID-19 (i.e., coronavirus disease 2019) economic aid programs of nationally recognized statistical rating organizations approved by the Securities and Exchange Commission. This allows entities, securities, and other instruments with a credit rating from such an organization to use the rating to qualify for these aid programs.

Furthermore, the Government Accountability Office must report on credit rating quality across organizations, their effect on access to capital markets, and the implementation of this bill.

]]> 53 2020-09-21 Passed House 2020-09-25T11:54:47Z Uniform Treatment of NRSROs Act

This bill provides for the uniform treatment under existing COVID-19 (i.e., coronavirus disease 2019) economic aid programs of nationally recognized statistical rating organizations registered with the Securities and Exchange Commission. This allows entities, securities, and other instruments with a credit rating from such an organization to use the rating to qualify for these aid programs.

Furthermore, the Government Accountability Office must report on credit rating quality across organizations, their effect on access to capital markets, and the implementation of this bill.

]]> Uniform Treatment of NRSROs Act Display Title Uniform Treatment of NRSROs Act Short Title(s) as Passed House Uniform Treatment of NRSROs Act H House Engrossed in House EH Official Title as Introduced To amend the CARES Act to require the uniform treatment of nationally recognized statistical rating organizations under certain programs carried out in response to the COVID–19 emergency, and for other purposes. Engrossed in House EH Short Titles as Passed House Uniform Treatment of NRSROs Act H House Official Title as Introduced To amend the CARES Act to require the uniform treatment of nationally recognized statistical rating organizations under certain programs carried out in response to the COVID-19 emergency, and for other purposes. Introduced in House IH Referred in Senate 2020-09-22T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6934rfs/xml/BILLS-116hr6934rfs.xml Engrossed in House 2020-09-21T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6934eh/xml/BILLS-116hr6934eh.xml Introduced in House 2020-05-19T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr6934ih/xml/BILLS-116hr6934ih.xml 2020-09-22 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.