There is one summary for H.R.246. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (01/14/2013)

Rate of Average Time Execution Act of 2013 or RATE Act of 2013 - Amends the Federal Reserve Act to direct the Board of Governors of the Federal Reserve System to collect, publish, and keep current a set of indices, meeting specified criteria, that report the rate for dollar-denominated loans of various maturities.