HR.3010 - Keep Repos To Maturity On Balance Sheet Act Of 2013

Send your vote to Congress

My Vote

{{ my_vote|capitalize }}

My Vote

{{ bill_vote.meta.gov_vote|capitalize }}

Congress Vote

{{ bill_vote.meta.user_vote|capitalize }}

People's Vote

{{ bill_vote.meta.outcome|capitalize }}

Outcome

8/2/2013--Introduced. Keep Repos to Maturity on Balance Sheet Act of 2013 - Directs the Securities and Exchange Commission (SEC), in establishing accounting principles or standards for purposes of the securities laws, to require that a repurchase-to-maturity transaction be treated as a secured borrowing in which the transferred asset serves as collateral. Defines "repurchase-to-maturity transaction" as one in which: (1) a financial asset is transferred in exchange for cash, other financial assets, or letters of credit; and (2) concurrently the transferor and the transferee agree that, at the asset's maturity, the transferee may either return the transferred asset (or a substantially similar asset) to the transferor, or redeem the transferred asset from the issuer of the transferred asset.

Referred To The House Committee On Financial Services.
August 2nd 2013 @ 12:00 AM

VoteTocracy Voting & Activity
Votetocracy user
{{ error }}
Votetocracy user
{{ activity.user }} in {{ activity.state }} Voted on Bill {{ activity.bill_id|billName }} {{ activity.when|howLongAgo }} Reply
{{ error }}
Govtrack Data provided by Govtrack.us. Bill analysis provided by VoteTocracy.com’s analyst team.