US Congress House Bill 1341 (Prior Session Legislation)

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Sponsorship: Moderate Partisan Bill (Republican 4-1)
Status: Engrossed on July 9 2013 - 50% progression, died in committee
Action: 2013-07-09 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

Financial Competitive Act of 2013 - Directs the Financial Stability Oversight Council (FSOC) to study and report to Congress on the likely effects that differences between the United States and other jurisdictions in implementing the derivatives credit valuation adjustment capital requirement would have upon: (1) U.S. financial institutions that conduct derivatives transactions and participate in derivatives markets, (2) end users of derivatives, and (3) international derivatives markets. Requires the study to recommend steps Congress and the constituent agencies of the FSOC should take to: (1) minimize any expected negative effects on U.S. financial institutions, derivatives markets, and end users; (2) encourage greater international consistency in implementation of internationally agreed capital, liquidity, and other prudential standards; and (3) ensure that the FSOC fulfills its statutory mandate to identify risks and respond to emerging threats to financial stability.

Financial Competitive Act of 2013

Rep. Stephen Fincher [R-TN]	Rep. Tom Graves [R-GA]	Rep. Michael Grimm [R-NY]	Rep. Bill Huizenga [R-MI]
Rep. David Scott [D-GA]

2013-07-08 - House - On Motion to Suspend the Rules and Pass, as Amended (Y: 353 N: 24 NV: 57 Abs: 0) [PASS]

Date	Chamber	Action
2013-07-09	Senate	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2013-07-08	House	Motion to reconsider laid on the table Agreed to without objection.
2013-07-08	House	On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 353 - 24 (Roll no. 305). (text: CR H4181)
2013-07-08	House	Considered as unfinished business. (consideration: CR H4186)
2013-07-08	House	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.
2013-07-08	House	DEBATE - The House proceeded with forty minutes of debate on H.R. 1341.
2013-07-08	House	Considered under suspension of the rules. (consideration: CR H4181-4182)
2013-07-08	House	Mr. Fincher moved to suspend the rules and pass the bill, as amended.
2013-06-28	House	Placed on the Union Calendar, Calendar No. 96.
2013-06-28	House	Committee on Agriculture discharged.
2013-06-28	House	Reported (Amended) by the Committee on Financial Services. H. Rept. 113-134, Part I.
2013-05-07	House	Ordered to be Reported (Amended) by the Yeas and Nays: 59 - 0.
2013-05-07	House	Committee Consideration and Mark-up Session Held.
2013-04-23	House	Referred to the Subcommittee on General Farm Commodities and Risk Management.
2013-04-11	House	Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
2013-03-21	House	Referred to House Agriculture
2013-03-21	House	Referred to House Financial Services
2013-03-21	House	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.
2013-03-21	House	Sponsor introductory remarks on measure. (CR E356-357)

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/1341/all-info
Text	https://www.congress.gov/113/bills/hr1341/BILLS-113hr1341ih.pdf
Text	https://www.congress.gov/113/bills/hr1341/BILLS-113hr1341rh.pdf
Text	https://www.congress.gov/113/bills/hr1341/BILLS-113hr1341eh.pdf
Roll Call	https://clerk.house.gov/Votes/2013305