Bills
H.R.2682

H.R.2682: Business Risk Mitigation and Price Stabilization Act of 2012

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About This Bill

This bill was introduced in the 112th Congress
This bill is primarily about finance and financial sector
Introduced July 28, 2011
Latest Major Action March 28, 2012
See the one similar bills introduced in other congresses.

Bill Sponsor

Mike Grimm (R-N.Y.)

Bill Cosponsors

7 (4 Democrats, 3 Republicans)

Bill Summary

Business Risk Mitigation and Price Stabilization Act of 2012 - (Sec. 2) Amends the Commodity Exchange Act (CEA) to exempt, from the rules of prudential regulators for swap dealers and major swap participants with respect to initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization, those swaps in which one of the counterparties: (1) is eligible for an exception from clearing requirements...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.2682.

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Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.2682.

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Bill Actions

Date	Description
	Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
	Referred to House Financial Services
	Referred to House Agriculture
	Referred to the Subcommittee on General Farm Commodities and Risk Management.
	Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
	Committee Consideration and Mark-up Session Held.
	Ordered to be Reported by Voice Vote.
	Reported by the Committee on Financial Services. H. Rept. 112-343, Part I.
	House Committee on Agriculture Granted an extension for further consideration ending not later than Feb. 1, 2012.
	Subcommittee on General Farm Commodities and Risk Management Discharged.
	Committee Consideration and Mark-up Session Held.
	Ordered to be Reported (Amended) by Voice Vote.
	House Committee on Agriculture Granted an extension for further consideration ending not later than Feb. 8, 2012.
	Reported (Amended) by the Committee on Agriculture. H. Rept. 112-343, Part II.
	Placed on the Union Calendar, Calendar No. 267.
	Mr. Garrett moved to suspend the rules and pass the bill, as amended.
	Considered under suspension of the rules.
	DEBATE - The House proceeded with forty minutes of debate on H.R. 2682.
	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.
	Considered as unfinished business.
	On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 370 - 24 (Roll no. 128).
	Motion to reconsider laid on the table Agreed to without objection.
	Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
	Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 342.
July 28, 2011	Introduced in the House by Mike Grimm (R-N.Y.)

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