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H.R. 1539 · 112th Congress

Asset-Backed Market Stabilization Act of 2011

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 112th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

3 cosponsors · 1 D, 2 R

2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

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…

What it does: CRS summary · Reported to House without amendment · Aug 12, 2011

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

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).

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Asset-Backed Market Stabilization Act of 2011

Latest action (Aug 12, 2011): Placed on the Union Calendar, Calendar No. 125.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Apr 14, 2011

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.