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H.R. 6934 116th Congress House

Uniform Treatment of NRSROs Act

Official title: To amend the CARES Act to require the uniform treatment of nationally recognized statistical rating organizations under certain programs carried out in respons… Show full official titleShow less

Official title: To amend the CARES Act to require the uniform treatment of nationally recognized statistical rating organizations under certain programs carried out in response to the COVID-19 emergency, and for other purposes.

Introduced: May 19, 2020 Introduced by: Madeleine Dean Democratic · Pennsylvania See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresBusiness investment and capitalCardiovascular and respiratory healthCompetition and antitrust
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Congressional oversightCredit and credit marketsDepartment of the TreasuryEmergency medical services and trauma careFederal Reserve SystemGovernment information and archivesGovernment lending and loan guaranteesGovernment studies and investigationsInfectious and parasitic diseasesSecuritiesSmall business
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This bill died when the 116th Congress ended
It never became law before the 116th Congress (2019–2020) 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 9 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Sep 22, 2020
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sep 21, 2020
Motion to reconsider laid on the table Agreed to without objection.
Sep 21, 2020
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4602)
Sep 21, 2020
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Sep 21, 2020
DEBATE - The House proceeded with forty minutes of debate on H.R. 6934.
Sep 21, 2020
Considered under suspension of the rules. (consideration: CR H4602-4603)
Sep 21, 2020
Mr. Sherman moved to suspend the rules and pass the bill, as amended.
May 19, 2020
Referred to the House Committee on Financial Services.
May 19, 2020
Introduced in House
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 Latest action September 22, 2020

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

 Plain-English summary Congressional Research Service

Uniform Treatment of NRSROs Act

This bill provides for the uniform treatment under existing COVID-19 (i.e., coronavirus disease 2019) economic aid programs of nationally recognized statistical rating organizations registered with the Securities and Exchange Commission. This allows entities, securities, and other instruments with a credit rating from such an organization to use the rating to qualify for these aid programs.

Furthermore, the Government Accountability Office must report on credit rating quality across organizations, their effect on access to capital markets, and the implementation of this bill.

 Bill text 3 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 27
All 27 Democratic 10 Republican 8
R
Gooden, Lance
Texas · Sep 16, 2020
 D
Torres, Norma J.
California · Sep 16, 2020
Hollingsworth, Trey
· Sep 11, 2020
 D
Gottheimer, Josh
New Jersey · Jul 30, 2020
CLAY, WM.
· Jul 13, 2020
 D
Green, Al
Texas · Jul 13, 2020
 D
Beatty, Joyce
Ohio · Jul 9, 2020
 D
Gonzalez, Vicente
Texas · Jun 25, 2020
 D
Scott, David
Georgia · Jun 25, 2020
 D
Sewell, Terri A.
Alabama · Jun 25, 2020
Luetkemeyer, Blaine
· Jun 18, 2020
Perlmutter, Ed
· Jun 18, 2020
Stivers, Steve
· Jun 18, 2020
 D
Cleaver, Emanuel
Missouri · Jun 15, 2020
 R
Huizenga, Bill
Michigan · Jun 15, 2020
 R
Loudermilk, Barry
Georgia · Jun 15, 2020
Heck, Denny
· Jun 11, 2020
 D
Morelle, Joseph D.
New York · Jun 11, 2020
Posey, Bill
· Jun 8, 2020
 D
Sherman, Brad
California · Jun 4, 2020
 R
Budd, Ted
North Carolina · May 28, 2020
 R
Steil, Bryan
Wisconsin · May 28, 2020
 R
Kustoff, David
Tennessee · May 27, 2020
 R
Wagner, Ann
Missouri · May 27, 2020
MALONEY, CAROLYN
· May 22, 2020
 R
Barr, Andy
Kentucky · May 19, 2020
 D
Waters, Maxine
California · May 19, 2020
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 6934: Uniform Treatment of NRSROs Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-6934/
MLA
"H.R. 6934: Uniform Treatment of NRSROs Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-6934/.
Bluebook (legal)
H.R. 6934, 116th Cong. (2026), https://openamerica.io/bill/116-HR-6934/.
Markdown link
[H.R. 6934: Uniform Treatment of NRSROs Act](https://openamerica.io/bill/116-HR-6934/)
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