Bill113th Congress

H.R. 677

Inter-Affiliate Swap Clarification Act

Ask AI
Introduced
Feb 13, 2013
Origin Chamber
House
Policy Area
Finance and Financial Sector
Latest Action
May 7, 2013

Sponsor

Rep. Stivers, Steve [R-OH-15]

Republican·OH-15
Bioguide ID: S001187
First Name: Steve
Last Name: Stivers
By Request: N
11
Cosponsors
2
Committees
11
Actions
0
Amendments
0
Related Bills
5
Subjects
1
Summaries
3
Titles
1
Text Versions

Bill Details

Update Date
Mar 3, 2022
Update Date (incl. Text)
May 20, 2022
Origin Chamber
House
Bill Type
HR
Bill Number
677
Congress
113
Introduced Date
Feb 13, 2013
Policy Area
Finance and Financial Sector
Is Law
No
May 7, 2013Committee

Ordered to be Reported (Amended) by the Yeas and Nays: 50 - 10.

Source: House committee actions

May 7, 2013Committee

Committee Consideration and Mark-up Session Held.

Source: House committee actions

Apr 11, 2013Committee

Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.

Source: House committee actions

Mar 20, 2013Committee

Ordered to be Reported (Amended) by Voice Vote.

Source: House committee actions

Mar 20, 2013Committee

Committee Consideration and Mark-up Session Held.

Source: House committee actions

Mar 14, 2013Committee

Committee Hearings Held.

Source: House committee actions

Mar 1, 2013Committee

Referred to the Subcommittee on General Farm Commodities and Risk Management.

Source: House committee actions

Feb 13, 2013IntroReferralH11100

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.

Source: House floor actions

Feb 13, 2013IntroReferralH11100

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.

Source: House floor actions

Feb 13, 2013IntroReferralIntro-H

Introduced in House

Source: Library of Congress

Feb 13, 2013IntroReferral1000

Introduced in House

Source: Library of Congress

Introduced in House· Feb 13, 20130

Inter-Affiliate Swap Clarification Act - Amends the Commodity Exchange Act and the Securities Exchange Act of 1934, as amended by the Dodd-Frank Wall Street Reform and Consumer Protection Act, to exempt from certain regulatory requirements any swaps and security-based swaps entered into by parties neither of which is a swap dealer or a major swap participant: (1) that is also an insured depository institution, (2) that reports information or prepares financial statements on a consolidated basis, or (3) for which a company affiliated with both parties reports information or prepares financial statements on a consolidated basis.

Requires that such exempted agreements, contracts, or transactions be reported to an appropriate data repository, or, if there is no such repository that would accept them, to: (1) the Commodity Futures Trading Commission (CFTC) in the case of exempted swaps, or (2) the Securities and Exchange Commission (SEC) in the case of exempted security-based swaps.

Financial Services Committee

House· Standing

Agriculture Committee

House· Standing
Banking and financial institutions regulationCommodities marketsFinancial services and investmentsGovernment information and archivesSecurities

Introduced in House

Feb 13, 2013

Inter-Affiliate Swap Clarification Act — Informed