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Bill113th CongressFiled Feb 15, 2013Finance and Financial Sector
H.R. 742

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013

Bill journey · stage 2 of 5

Under committee review

Filed
Comm.
Floor
Both
Law

What it doesSummary passed house without amendment (Jun 12, 2013)

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013 - Amends the Commodity Exchange Act, with respect to derivatives clearing organizations and swap data repositories, to repeal the prerequisite that, before the Commodity Futures Trading Commission (CFTC) may share information with specified regulatory agencies, such agencies must agree to indemnify the CFTC for expenses arising from litigation relating to information so provided.

Amends the Securities Exchange Act of 1934 to repeal similarly the prerequisite that, before a security-based swap data repository may share information with specified regulatory entities, such entities must agree to indemnify both such repository and the Securities and Exchange Commission (SEC) for expenses arising from litigation relating to information so provided.

What just happenedJun 13, 2013

Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

Who’s behind it

Rep. Crawford, Eric A. "Rick" [R-AR-1](R-AR)Sponsor
13 cosponsors10 D3 R
Read on Congress.gov
13cosponsors3committees24actions10subjects
  1. Jun 13, 2013IntroReferral

    Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

    Agriculture, Nutrition, and Forestry Committee
  2. Jun 12, 2013FloorH38310

    Motion to reconsider laid on the table Agreed to without objection.

  3. Jun 12, 2013FloorH37300

    On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 420 - 2 (Roll no. 216). (text: CR H3304-3305)

  4. Jun 12, 2013Floor8000

    Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 420 - 2 (Roll no. 216).(text: CR H3304-3305)

  5. Jun 12, 2013FloorH30000

    Considered as unfinished business. (consideration: CR H3317)

  6. Jun 12, 2013FloorH37220

    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.

  7. Jun 12, 2013FloorH8D000

    DEBATE - The House proceeded with forty minutes of debate on H.R. 742.

  8. Jun 12, 2013FloorH30000

    Considered under suspension of the rules. (consideration: CR H3304-3307)

  9. Jun 12, 2013FloorH30300

    Mr. Crawford moved to suspend the rules and pass the bill.

  10. Jun 12, 2013CalendarsH12410

    Placed on the Union Calendar, Calendar No. 75.

  11. Jun 12, 2013CommitteeH12200

    Reported by the Committee on Financial Services. H. Rept. 113-106, Part II.

    Financial Services Committee
  12. Jun 12, 2013Committee5000

    Reported by the Committee on Financial Services. H. Rept. 113-106, Part II.

    Financial Services Committee
  13. Jun 12, 2013CommitteeH12200

    Reported by the Committee on Agriculture. H. Rept. 113-106, Part I.

    Agriculture Committee
  14. Jun 12, 2013Committee5000

    Reported by the Committee on Agriculture. H. Rept. 113-106, Part I.

    Agriculture Committee
  15. May 7, 2013Committee

    Ordered to be Reported by the Yeas and Nays: 52 - 0.

    Financial Services Committee
  16. May 7, 2013Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  17. Apr 11, 2013Committee

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

    Capital Markets Subcommittee
  18. Mar 20, 2013Committee

    Ordered to be Reported by Voice Vote.

    Agriculture Committee
  19. Mar 20, 2013Committee

    Committee Consideration and Mark-up Session Held.

    Agriculture Committee
  20. Mar 14, 2013Committee

    Committee Hearings Held.

    Agriculture Committee
  21. Feb 15, 2013IntroReferralH11100

    Referred to the Committee on Agriculture, and in addition to the Committee on Financial Services, 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.

    Financial Services Committee
  22. Feb 15, 2013IntroReferralH11100

    Referred to the Committee on Agriculture, and in addition to the Committee on Financial Services, 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.

    Agriculture Committee
  23. Feb 15, 2013IntroReferralIntro-H

    Introduced in House

  24. Feb 15, 2013IntroReferral1000

    Introduced in House

Passed House without amendmentJun 12, 201381

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013 - Amends the Commodity Exchange Act, with respect to derivatives clearing organizations and swap data repositories, to repeal the prerequisite that, before the Commodity Futures Trading Commission (CFTC) may share information with specified regulatory agencies, such agencies must agree to indemnify the CFTC for expenses arising from litigation relating to information so provided.

Amends the Securities Exchange Act of 1934 to repeal similarly the prerequisite that, before a security-based swap data repository may share information with specified regulatory entities, such entities must agree to indemnify both such repository and the Securities and Exchange Commission (SEC) for expenses arising from litigation relating to information so provided.

Introduced in HouseFeb 15, 2013

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013 - Amends the Commodity Exchange Act, with respect to derivatives clearing organizations and swap data repositories, to repeal the prerequisite that, before the Commodity Futures Trading Commission (CFTC) may share information with specified regulatory agencies, such agencies must agree to indemnify the CFTC for expenses arising from litigation relating to information so provided.

Amends the Securities Exchange Act of 1934 to repeal similarly the prerequisite that, before a security-based swap data repository may share information with specified regulatory entities, such entities must agree to indemnify both such repository and the Securities and Exchange Commission (SEC) for expenses arising from litigation relating to information so provided.