H.R. 246: RATE Act of 2013

Introduced:
Jan 14, 2013 (113th Congress, 2013–2015)
Sponsor:
Rep. David Schweikert [R-AZ6]
Status:
Referred to Committee

The bill’s title was written by the bill’s sponsor. H.R. stands for House of Representatives bill.

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Status

This bill was assigned to a congressional committee on January 14, 2013, which will consider it before possibly sending it on to the House or Senate as a whole.

Progress
Introduced Jan 14, 2013
Referred to Committee Jan 14, 2013
Reported by Committee ...
Passed House ...
Passed Senate ...
Signed by the President ...
Prognosis

12% chance of getting past committee.
2% chance of being enacted.

Only 11% of House bills made it past committee and only 3% were enacted in 2011–2013. [show factors | methodology]

Cosponsors
4 cosponsors (3R, 1D) (show)
Committees

House Financial Services

The committee chair determines whether a bill will move past the committee stage.

Full Title

To require the Board of Governors of the Federal Reserve System to collect, publish, and keep current an objective index of dollar-denominated loan interest rates of various maturities, and for other purposes.

Summary

No summaries available.

Text

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Last updated Jan 14, 2013.
3 pages

Primary Source

View on THOMAS (The Library of Congress)

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Citation

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GovTrack’s Bill Summary

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Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.

1/14/2013--Introduced.
Rate of Average Time Execution Act of 2013 or RATE Act of 2013 - Amends the Federal Reserve Act to direct the Board of Governors of the Federal Reserve System to collect, publish, and keep current a set of indices, meeting specified criteria, that report the rate for dollar-denominated loans of various maturities.

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.

No summary available.

House Democratic Caucus Summary

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