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Business Risk Mitigation and Price Stabilization Act of 2013 information


Business Risk Mitigation and Price Stabilization Act of 2013
Great Seal of the United States
Long titleTo provide end user exemptions from certain provisions of the Commodity Exchange Act and the Securities Exchange Act of 1934, and for other purposes.
Announced inthe 113th United States Congress
Sponsored byRep. Michael G. Grimm (R, NY-11)
Number of co-sponsors3
Codification
Acts affectedCommodity Exchange Act, Dodd-Frank Wall Street Reform and Consumer Protection Act, Securities Exchange Act of 1934
U.S.C. sections affected7 U.S.C. § 6s(e), 15 U.S.C. § 78o-10(e), chapter 35 of title 44, United States Code, 5 U.S.C. § 553
[H.R. 634 Legislative history]
  • Introduced in the House as H.R. 634 by Rep. Michael Grimm (R-NY) on February 13, 2013
  • Committee consideration by United States House Committee on Agriculture, United States House Agriculture Subcommittee on General Farm Commodities and Risk Management, United States House Committee on Financial Services, United States House Financial Services Subcommittee on Capital Markets and Government-Sponsored Enterprises, United States Senate Committee on Banking, Housing, and Urban Affairs
  • Passed the House on June 12, 2013 (Roll Call Vote 215: 411-12)

The Business Risk Mitigation and Price Stabilization Act of 2013 (H.R. 634) is a bill that passed the United States House of Representatives during the 113th United States Congress.[1] The bill would exempt nonfinancial entities that enter into a swap or a security-based swap transaction from meeting certain margin requirements when the transaction is designed to offset losses or gains in other investments.[2]

  1. ^ Cite error: The named reference 634allactions was invoked but never defined (see the help page).
  2. ^ Cite error: The named reference cbo634 was invoked but never defined (see the help page).

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