HR 885 111th Congress House Finance and Financial Sector Banking and financial institutions regulation Commodity Futures Trading Commission Congressional oversight Federal Reserve System Federal officials Government studies and investigations National Credit Union Administration Pension Benefit Guaranty Corporation Securities and Exchange Commission (SEC)

Improved Financial and Commodity Markets Oversight and Accountability Act

Introduced: February 4, 2009 Introduced by: Larson, John B. Democratic · Connecticut See on congress.gov

Everywhere this bill has been 17 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Mar 16, 2010

Placed on Senate Legislative Calendar under General Orders. Calendar No. 320.

Mar 16, 2010

Committee on Homeland Security and Governmental Affairs. Reported by Senator Lieberman with amendments. Without written report.

Jul 29, 2009

Committee on Homeland Security and Governmental Affairs. Ordered to be reported with an amendment favorably.

Jul 22, 2009

Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Jun 10, 2009

Received in the Senate.

Jun 8, 2009

Motion to reconsider laid on the table Agreed to without objection.

Jun 8, 2009

On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H6284)

Jun 8, 2009

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H6284)

Jun 8, 2009

DEBATE - The House proceeded with forty minutes of debate on H.R. 885.

Jun 8, 2009

Considered under suspension of the rules. (consideration: CR H6284-6286)

Jun 8, 2009

Mr. Lynch moved to suspend the rules and pass the bill, as amended.

May 18, 2009

Placed on the Union Calendar, Calendar No. 57.

May 18, 2009

Reported (Amended) by the Committee on Oversight and Government. H. Rept. 111-114.

May 6, 2009

Ordered to be Reported (Amended) by Voice Vote.

May 6, 2009

Committee Consideration and Mark-up Session Held.

Feb 4, 2009

Referred to the House Committee on Oversight and Government Reform.

Feb 4, 2009

Introduced in House

Plain-English summary Congressional Research Service

Improved Financial and Commodity Markets Oversight and Accountability Act - Amends the Inspector General Act of 1978 to include the Board of Governors of the Federal Reserve System, the Commodity Futures Trading Commission (CFTC), the National Credit Union Administration (NCUA), the Pension Benefit Guaranty Corporation (PBGC), and the Securities and Exchange Commission (SEC) as establishments the Inspector Generals of which shall be appointed by the President.

Applies existing pay requirements under the Inspector General Reform Act of 2008 to the Inspectors General of such entities. Permits such Inspectors General to select, appoint, and employ such officers and employees as necessary and to obtain services of experts or consultants.

Authorizes such Inspectors General to subpoena records and testimony necessary in the performance of their assigned functions.

Requires the heads of those entities to: (1) take action to address deficiencies identified by their Inspector General; or (2) certify to both Houses of Congress that no action is necessary or appropriate.

What's happening now March 16, 2010

Placed on Senate Legislative Calendar under General Orders. Calendar No. 320.

Committees of jurisdiction 2