US Congress House Bill 1847 (Prior Session Legislation)

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Spectrum: Bipartisan Bill
Status: Engrossed on July 15 2015 - 50% progression, died in committee
Action: 2015-07-15 - Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Pending: Senate Agriculture, Nutrition, And Forestry Committee
Text: Latest bill text (Engrossed) [PDF]

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2015 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. Amends both the CEA and the SEA to require a swap or security-based swap data repository, on a confidential basis and after notification to the CFTC or the SEC, as appropriate, to make only swap or security-based swap data (currently, all data) it has obtained available to specified regulatory authorities, including other foreign authorities in addition to foreign financial supervisors, foreign central banks, and foreign ministries. Makes these amendments effective as if enacted as part of the Dodd-Frank Wall Street Reform and Consumer Protection Act on July 21, 2010.

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2015

Rep. Eric Crawford [R-AR]

Rep. Sean Maloney [D-NY]

Rep. Bill Huizenga [R-MI]

Rep. Gwen Moore [D-WI]

Date	Chamber	Action
2015-07-15	Senate	Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
2015-07-14	House	Motion to reconsider laid on the table Agreed to without objection.
2015-07-14	House	On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H5145-5146)
2015-07-14	House	DEBATE - The House proceeded with forty minutes of debate on H.R. 1847.
2015-07-14	House	Considered under suspension of the rules. (consideration: CR H5145-5147)
2015-07-14	House	Mr. Hurt (VA) moved to suspend the rules and pass the bill, as amended.
2015-07-14	House	Placed on the Union Calendar, Calendar No. 151.
2015-07-14	House	Committee on Agriculture discharged.
2015-07-14	House	Reported (Amended) by the Committee on Financial Services. H. Rept. 114-202, Part I.
2015-05-20	House	Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.
2015-05-20	House	Committee Consideration and Mark-up Session Held.
2015-05-05	House	Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
2015-04-29	House	Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
2015-04-16	House	Referred to House Financial Services
2015-04-16	House	Referred to House Agriculture
2015-04-16	House	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.
2015-04-16	House	Introduced in House

HB37 (Related) 2015-01-16 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
SB1560 (Related) 2015-06-11 - Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
SB1910 (Related) 2015-07-30 - Placed on Senate Legislative Calendar under General Orders. Calendar No. 176.
SB2132 (Related) 2015-10-06 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 251.

Type	Source
Summary	https://www.congress.gov/bill/114th-congress/house-bill/1847/all-info
Text	https://www.congress.gov/114/bills/hr1847/BILLS-114hr1847ih.pdf
Text	https://www.congress.gov/114/bills/hr1847/BILLS-114hr1847rh.pdf
Text	https://www.congress.gov/114/bills/hr1847/BILLS-114hr1847eh.pdf