IB Union Calendar No. 125 112th CONGRESS 1st Session H. R. 1539 [Report No. 112–196] IN THE HOUSE OF REPRESENTATIVES April 14, 2011 Mr. Stivers (for himself, Mr. Renacci, and Mr. Clarke of Michigan) introduced the following bill; which was referred to the Committee on Financial Services August 12, 2011 Additional sponsor: Mr. Garrett August 12, 2011 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed A BILL To repeal section 939G of the Dodd-Frank Wall Street Reform and Consumer Protection Act and to restore Securities and Exchange Commission Rule 436(g) repealed by such section.

1.

Short title

This Act may be cited as the Asset-Backed Market Stabilization Act of 2011.

2.

Restoration of rule relating to a certain exemption for rating agencies

Effective as of the date of enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Public Law 111–203), section 939G of such Act is repealed, and the regulation repealed by such section is restored or revived as if such section had not been enacted.

August 12, 2011 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed