HR-1317 : Still Just a Bill

Amends the Commodity Exchange Act and the Securities Exchange Act of 1934 to revise the treatment of affiliate transactions that may be exempt from clearing requirements to authorize such an exemption only if the affiliate enters into the swap to hedge or mitigate the commercial risk of the person that is not a financial entity (as under current law), provided that an appropriate credit support measure or other mechanism must be used if the hedge or mitigation of commercial risk is addressed by entering into a swap with either: (1) a swap dealer or major swap participant, or (2) a security-based swap with a security-based swap dealer or major security-based swap participant.

Action Timeline

Action DateTypeTextSource
2015-11-17IntroReferralReceived in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.Senate
2015-11-16FloorMotion to reconsider laid on the table Agreed to without objection.House floor actions
2015-11-16FloorOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H8219-8220)House floor actions
2015-11-16FloorDEBATE - The House proceeded with forty minutes of debate on H.R. 1317.House floor actions
2015-11-16FloorConsidered under suspension of the rules. (consideration: CR H8219-8221)House floor actions
2015-11-16FloorMr. Hensarling moved to suspend the rules and pass the bill, as amended.House floor actions
2015-11-16CalendarsPlaced on the Union Calendar, Calendar No. 259.House floor actions
2015-11-16CommitteeReported (Amended) by the Committee on Financial Services. H. Rept. 114-311, Part II.House floor actions
2015-10-26CommitteeReported (Amended) by the Committee on Agriculture. H. Rept. 114-311, Part I.House floor actions
2015-09-30CommitteeOrdered to be Reported (Amended).House committee actions
2015-09-30CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2015-07-29CommitteeOrdered to be Reported (Amended) by the Yeas and Nays: 57 - 0.House committee actions
2015-07-29CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2015-04-29CommitteeHearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.House committee actions
2015-03-23CommitteeReferred to the Subcommittee on Commodity Exchanges, Energy, and Credit.House committee actions
2015-03-04IntroReferralReferred 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.House floor actions
2015-03-04IntroReferralReferred 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.House floor actions
2015-03-04IntroReferralIntroduced in HouseLibrary of Congress

Policy Area :

Finance and Financial Sector
See Subjects
  • Commodities markets
  • Securities

Related Bills

See Related Bills