HR 1539 · 112th Congress · Finance and Financial Sector

Asset-Backed Market Stabilization Act of 2011

Introduced 2011-04-14· Sponsored by Rep. Stivers, Steve [R-OH-15]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Placed on the Union Calendar, Calendar No. 125.(2011-08-12)

Plain Language Summary

[AI summary unavailable — showing source text] Asset-Backed Market Stabilization Act of 2011 - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the voiding of, and so restore, Securities and Exchange Commission Rule 436G (which exempts credit ratings provided by nationally recognized statistical rating organizations [NRSROs] from being considered a part of the registration statement prepared or certified by a person under the Securities Act of 1933).…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 1539, Asset-Backed Market Stabilization Act of 2011

Aug 8, 2011

Cost estimate for the bill as ordered reported by the House Committee on Financial Services on July 20, 2011

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (3)

1 Democrat2 Republicans
Rep. Renacci, James B. [R-OH-16]OH
Rep. Clarke, Hansen [D-MI-13]MI
Rep. Garrett, Scott [R-NJ-5]NJ