HR 2682 · 112th Congress · Finance and Financial Sector
Business Risk Mitigation and Price Stabilization Act of 2012
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 342.(2012-03-28)
Recorded Votes
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Plain Language Summary
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Business Risk Mitigation and Price Stabilization Act of 2011 - Amends the Commodity Exchange Act (CEA) to exempt, from the rules of prudential regulators for swap dealers and major swap participants with respect to initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization, those swaps in which one of the counterparties is: (1) not a financial entity, and (2) is eligible for exception from clearing requirements for certain significant price discovery agreements, contracts, or transactions in a commodity exempt from regulation by the Commodity Futures Trading Commission (CFTC). Amends the Securities Exchange Act of 1934, with respect to registration and regulation of security-based swap dealers and major security-based swap participants, to exempt from initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization any security-based swap in which one of the counterparties is: (1) not a financial entity, and (2) is eligible for exception from clearing requirements.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 2682, Business Risk Mitigation and Price Stabilization Act of 2011
Dec 22, 2011Cost estimate for the bill as sordered reported by the House Committee on Financial Services on November 30, 2011
Full CBO report ↗H.R. 2682, Business Risk Mitigation and Price Stabilization Act of 2012
Feb 19, 2012Cost estimate for the bill as ordered reported by the House Committee on Agriculture on January 25, 2012
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (7)
4 Democrats3 Republicans