Skip to main content
HR 8836 117th Congress House Finance and Financial Sector

EXPORT Act of 2022

Introduced: September 15, 2022 Introduced by: Owens, Burgess Republican · Utah See on congress.gov
Sign in to write a letter Sign in to watch
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Nov 29, 2022
Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.
Sep 15, 2022
Referred to the House Committee on Agriculture.
Sep 15, 2022
Introduced in House
 Plain-English summary Congressional Research Service

Expanding Possibilities and Opportunities to Reinvigorate Trade Act of 2022 or the EXPORT Act of 2022

This bill exempts certain money transmitters from specified capital and margin requirements that otherwise apply to counterparty swaps. Specifically, these money transmitters must (1) only enter into swaps for the purpose of offsetting risks from foreign currency contracts with a non-end user, and (2) have annual assets of $1 billion or less.

What's happening now November 29, 2022

Referred to the Subcommittee on Commodity Exchanges, Energy, and Credit.

 Committees of jurisdiction 2