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Congress > Legislation
H.R. 3890:
Accountability and Transparency in Rating Agencies Act
111th Congress

This is a bill in the U.S. Congress originating in the House of Representatives ("H.R."). A bill must be passed by both the House and Senate and then be signed by the President before it becomes law.

Bill numbers restart from 1 every two years. Each two-year cycle is called a session of Congress. This bill was created in the 111th Congress, in 2009-2010.

The titles of bills are written by the bill's sponsor and are a part of the legislation itself. GovTrack does not editorialize bill summaries.

2009-2010
Track H.R. 3890
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Primary Source

See H.R. 3890 on THOMAS for the official source of information on this bill or resolution.

To amend the Securities Exchange Act of 1934 to enhance oversight of nationally recognized statistical rating organizations, and for other purposes.

Overview

Sponsor:
Text:
Summary | Full Text
Cost:
less than $1 per American over the 2010-2014 period.

This is computed from a Congressional Budget Office report, merely by dividing the estimated cost of $33,000,000 by the U.S. population. The figure is extracted from the report automatically and may be incorrect. See the report for details.

Status:
Occurred: IntroducedOct 21, 2009
Occurred: Referred to CommitteeView Committee Assignments
Occurred: Reported by CommitteeOct 28, 2009
Not Yet Occurred: House Vote...
Not Yet Occurred: Senate Vote...
Not Yet Occurred: Signed by President...
This bill was considered in committee which has recommended it be considered by the House as a whole. Although it has been placed on a calendar of business, the order in which legislation is considered and voted on is determined by the majority party leadership. Keep in mind that sometimes the text of one bill is incorporated into another bill, and in those cases the original bill, as it would appear here, would seem to be abandoned. [Last Updated: Jan 6, 2010 4:20AM]
Last Action:
Oct 28, 2009: Ordered to be Reported by the Yeas and Nays: 49 - 14.
Related:
See the Related Legislation page for other bills related to this one and a list of subject terms that have been applied to this bill. Sometimes the text of one bill or resolution is incorporated into another, and in those cases the original bill or resolution, as it would appear here, would seem to be abandoned.
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