Skip to main content
HR 634 113th Congress House Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Commodities markets Commodity Futures Trading Commission Corporate finance and management Financial services and investments Securities

Business Risk Mitigation and Price Stabilization Act of 2013

Introduced: March 13, 2013 See on congress.gov
Sign in to write a letter Sign in to watch
This bill died when the 113th Congress ended
It never became law before the 113th Congress (2013–2014) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 20 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 13, 2013
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 12, 2013
Motion to reconsider laid on the table Agreed to without objection.
Jun 12, 2013
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 411 - 12 (Roll no. 215). (text: CR H3301)
Jun 12, 2013
Considered as unfinished business. (consideration: CR H3316-3317)
Jun 12, 2013
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Jun 12, 2013
DEBATE - The House proceeded with forty minutes of debate on H.R. 634.
Jun 12, 2013
Considered under suspension of the rules. (consideration: CR H3301-3304)
Jun 12, 2013
Mr. Hensarling moved to suspend the rules and pass the bill, as amended.
Jun 12, 2013
Placed on the Union Calendar, Calendar No. 74.
Jun 12, 2013
Reported by the Committee on Financial Services. H. Rept. 113-105, Part I.
Jun 12, 2013
Reported by the Committee on Agriculture. H. Rept. 113-105, Part II.
May 7, 2013
Ordered to be Reported by the Yeas and Nays: 59 - 0.
May 7, 2013
Committee Consideration and Mark-up Session Held.
Apr 11, 2013
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Mar 28, 2013
Committee Hearings Held.
Mar 20, 2013
Committee Consideration and Mark-up Session Held.
Mar 20, 2013
Ordered to be Reported by Voice Vote.
Mar 14, 2013
Committee Hearings Held.
Feb 13, 2013
Referred to the Committee on Financial Services, and in addition to the Committee on Agriculture, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Feb 13, 2013
Introduced in House
 Votes taken on this bill 1
DateChamberWhat was voted onResultYes–No
Jun 12, 2013 House · vote #215 On Motion to Suspend the Rules and Pass, as Amended Passed 411–12 See who voted →
 Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

 Plain-English summary Congressional Research Service

Business Risk Mitigation and Price Stabilization Act of 2013 - Amends the Commodity Exchange Act (CEA) to exempt, from the rules of prudential regulators for swap dealers and major swap participants with respect to initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization, those swaps in which one of the counterparties: (1) is eligible for an exception from clearing requirements because it is not a financial entity, uses swaps to hedge or mitigate commercial risk, and notifies the Commodity Futures Trading Commission (CFTC) how it meets financial obligations associated with entering into non-cleared swaps; (2) is eligible for a public interest exemption from swap clearing requirements for certain cooperative entities; or (3) satisfies specified criteria governing treatment of affiliates in connection with clearing requirements.

Amends the Securities Exchange Act of 1934, regarding registration and regulation of security-based swap dealers and major security-based swap participants, to exempt from initial and variation margin requirements for swaps not cleared by a registered derivatives clearing organization a security-based swap in which one of the counterparties: (1) qualifies for a specified exception from clearing requirements, or (2) satisfies certain criteria governing the treatment of affiliates.

Requires that the amendments to CEA made by this Act be implemented: (1) without regard to federal information policy requirements or the notice and comment requirements of federal administrative procedure; and (2) through promulgation of an interim final rule, pursuant to which public comment will be sought before a final rule is issued.

Limits the disregard of such federal information policy and notice and comment requirements solely to changes to rules and regulations, or proposed rule and regulations, that are limited to, and directly a consequence of, the amendments to CEA made by this Act.

What's happening now June 13, 2013

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Related & companion bills 4
  • HR 5405 Related bill Promoting Job Creation and Reducing Small Business Burdens Act
  • HR 5461 Related bill To clarify the application of certain leverage and risk-based requirements under the Dodd-Frank Wall Street Reform and …
  • S 888 Related bill A bill to provide end user exemptions from certain provisions of the Commodity Exchange Act and the Securities Exchange…
  • S 2330 Related bill End-User Protection Act of 2014
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 4
 Cosponsors 4
All 4 Democratic 2 Republican 1
Conaway, K.
· Mar 13, 2013
 D
Vargas, Juan
California · Mar 13, 2013
 D
Peters, Gary C.
Michigan · Feb 13, 2013
 R
Scott, Austin
Georgia · Feb 13, 2013
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 634: Business Risk Mitigation and Price Stabilization Act of 2013. 113th Congress. Open America. https://openamerica.io/bill/113-HR-634/
MLA
"H.R. 634: Business Risk Mitigation and Price Stabilization Act of 2013." 113th Congress, 2026, Open America, https://openamerica.io/bill/113-HR-634/.
Bluebook (legal)
H.R. 634, 113th Cong. (2026), https://openamerica.io/bill/113-HR-634/.
Markdown link
[H.R. 634: Business Risk Mitigation and Price Stabilization Act of 2013](https://openamerica.io/bill/113-HR-634/)
Report a problem