H.R.634: Business Risk Mitigation and Price Stabilization Act of 2013

About This Bill

Bill Sponsor

Bill Summary

Business Risk Mitigation and Price Stabilization Act of 2013 - 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 because...

(Source: Library of Congress)

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.634.

Bill Actions

Date Description
June 13, 2013
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
June 12, 2013
Motion to reconsider laid on the table Agreed to without objection.
June 12, 2013

On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 411 - 12 (Roll no. 215). (text: CR H3301)

June 12, 2013
Considered as unfinished business. (consideration: CR H3316-3317)
June 12, 2013
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.
June 12, 2013
DEBATE - The House proceeded with forty minutes of debate on H.R. 634.
June 12, 2013
Considered under suspension of the rules. (consideration: CR H3301-3304)
June 12, 2013
Mr. Hensarling moved to suspend the rules and pass the bill, as amended.
June 12, 2013
Placed on the Union Calendar, Calendar No. 74.
June 12, 2013
Reported by the Committee on Agriculture. H. Rept. 113-105, Part II.
June 12, 2013
Reported by the Committee on Financial Services. H. Rept. 113-105, Part I.
May 7, 2013
Ordered to be Reported by the Yeas and Nays: 59 - 0.
May 7, 2013
Committee Consideration and Mark-up Session Held.
April 11, 2013
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
March 28, 2013
Committee Hearings Held.
March 20, 2013
Ordered to be Reported by Voice Vote.
March 20, 2013
Committee Consideration and Mark-up Session Held.
March 14, 2013
Committee Hearings Held.
Feb. 13, 2013
Referred to House Agriculture
Feb. 13, 2013
Referred to House Financial Services
Feb. 13, 2013

Introduced in the House by Mike Grimm (R-N.Y.)

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