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H.R. 4659 (115th): To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin for cleared derivatives.

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Sponsor and status

Blaine Luetkemeyer

Sponsor. Representative for Missouri's 3rd congressional district. Republican.

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Last Updated: Aug 3, 2018
Length: 6 pages
Introduced
Dec 14, 2017
115th Congress, 2017–2019
Status
Died in a previous Congress

This bill was introduced on March 21, 2018, in a previous session of Congress, but was not enacted.

Source

Position statements

What legislators are saying

House Financial Services Committee Advances Luetkemeyer Bill
    — Rep. Blaine Luetkemeyer [R-MO3] (Sponsor) on Mar 21, 2018

More statements at ProPublica Represent...

What stakeholders are saying

Institute for Spending Reform SpendingTracker.org estimates H.R. 4659 will add $47 million in new spending through 2028.

History

Dec 14, 2017
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Mar 21, 2018
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Aug 3, 2018
 
Reported by House Committee on Financial Services

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

H.R. 4659 (115th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 4659 — 115th Congress: To require the appropriate Federal banking agencies to recognize the exposure-reducing nature of client margin ...” www.GovTrack.us. 2017. October 17, 2019 <https://www.govtrack.us/congress/bills/115/hr4659>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.