Senate - 09/22/2020 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (All Actions)
Tracker:
This bill has the status Passed House
Here are the steps for Status of Legislation:
Introduced
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(
[actionDate] => 2020-05-19
[displayText] => Introduced in House
[externalActionCode] => 1000
[description] => Introduced
[chamberOfAction] => House
)
Passed House
Array
(
[actionDate] => 2020-09-21
[displayText] => Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
[externalActionCode] => 8000
[description] => Passed House
[chamberOfAction] => House
)
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.
Actions Overview (2)
Date
Actions Overview
09/21/2020
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
05/19/2020
Introduced in House
09/21/2020 Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
05/19/2020 Introduced in House
All Actions (8)
Date
Chamber
All Actions
09/22/2020
Senate
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
09/21/2020-4:26pm
House
Motion to reconsider laid on the table Agreed to without objection.
09/21/2020-4:25pm
House
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4602)
09/21/2020-4:16pm
House
DEBATE - The House proceeded with forty minutes of debate on H.R. 6934.
09/21/2020-4:16pm
House
Considered under suspension of the rules. (consideration: CR H4602-4603)
09/21/2020-4:15pm
House
Mr. Sherman moved to suspend the rules and pass the bill, as amended.
05/19/2020
House
Referred to the House Committee on Financial Services.
05/19/2020
House
Introduced in House
09/22/2020 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
09/21/2020 Motion to reconsider laid on the table Agreed to without objection.
09/21/2020 On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H4602)
09/21/2020 DEBATE - The House proceeded with forty minutes of debate on H.R. 6934.
09/21/2020 Considered under suspension of the rules. (consideration: CR H4602-4603)
09/21/2020 Mr. Sherman moved to suspend the rules and pass the bill, as amended.
05/19/2020 Referred to the House Committee on Financial Services.
Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.
Committee / Subcommittee
Date
Activity
Reports
House Financial Services
05/19/2020
Referred to
Senate Banking, Housing, and Urban Affairs
09/22/2020
Referred to
Related Bills (0)
As of 12/11/2020 no related bill information has been received for H.R.6934 - 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.
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.
Shown Here: Introduced in House (05/19/2020)
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 approved by 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.