H.R. 1539House112th Congress (2011-2013)In Committee

Asset-Backed Market Stabilization Act of 2011

To repeal section 939G of the Dodd-Frank Wall Street Reform and Consumer Protection Act and to restore Securities and Exchange Commission Rule 436(g) repealed by such section.

Introduced April 14, 2011

Legislative Activity

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10 earlier actions
HouseCalendars Latest Action

Placed on the Union Calendar, Calendar No. 125.

August 12, 2011

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HouseCommittee

Hearings Held Prior to Introduction.

March 16, 2011

HouseIntro Referral

Introduced in House

April 14, 2011

HouseIntro Referral

Referred to the House Committee on Financial Services.

April 14, 2011

HouseCommittee

Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

May 2, 2011

HouseCommittee

Subcommittee Consideration and Mark-up Session Held.

May 3, 2011

HouseCommittee

Subcommittee Consideration and Mark-up Session Held.

May 4, 2011

HouseCommittee

Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 18 - 14 .

May 4, 2011

HouseCommittee

Committee Consideration and Mark-up Session Held.

July 20, 2011

HouseCommittee

Ordered to be Reported by the Yeas and Nays: 31 - 19.

July 20, 2011

HouseCommittee

Reported by the Committee on Financial Services. H. Rept. 112-196.

August 12, 2011

HouseCalendars

Placed on the Union Calendar, Calendar No. 125.

August 12, 2011

Floor Debate

1 member

What members said about H.R. 1539 on the floor

1 Republican
Spencer Bachus
Rep. Spencer BachusR-AL-6 · Aug 12, 2011

Under clause 2 of rule XII, reports of committees were delivered to the Clerk for printing and reference to the proper calendar, as follows: Mr. BACHUS: Committee on Financial Services. H.R. 1539. A…

Bill Text

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Reported in HouseIssued August 12, 2011

IB

Union Calendar No. 125

112th CONGRESS

1st Session

H. R. 1539

[Report No. 112–196]

IN THE HOUSE OF REPRESENTATIVES

April 14, 2011

Mr. Stivers (for himself, Mr. Renacci, and Mr. Clarke of Michigan) introduced the following bill; which was referred to the Committee on Financial Services

August 12, 2011

Additional sponsor: Mr. Garrett

August 12, 2011

Committed to the Committee of the Whole House on the State of the Union and ordered to be printed


A BILL

To repeal section 939G of the Dodd-Frank Wall Street Reform and Consumer Protection Act and to restore Securities and Exchange Commission Rule 436(g) repealed by such section.


1.

Short title

This Act may be cited as the Asset-Backed Market Stabilization Act of 2011.

2.

Restoration of rule relating to a certain exemption for rating agencies

Effective as of the date of enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act (Public Law 111–203), section 939G of such Act is repealed, and the regulation repealed by such section is restored or revived as if such section had not been enacted.

August 12, 2011

Committed to the Committee of the Whole House on the State of the Union and ordered to be printed