PlainBillCongress, translated.Legislation. Context. Public interest.Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Congressional Research Service
Version 00 · Introduced in House · Oct 9, 2001
Emergency Securities Response Act - Amends the Securities Exchange Act of 1934 to extend the emergency order authority of the Securities and Exchange Commission (SEC) as it determines necessary to reduce, eliminate, or prevent the substantial disruption of: (1) securities markets, investment companies, or any other significant portion or segment of such markets; or (2) the transmission or processing of securities transactions. Extends the duration of such order from the current ten-day maximum to 30 business days unless the SEC finds that the emergency still exists and that further extension is in the public interest and necessary for investor protection. Establishes 90 calendar days as the maximum duration of an SEC emergency order.
People & committees
Rep. Oxley, Michael G. [R-OH-4] · R–OH
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8065)
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H8065)
DEBATE - The House proceeded with forty minutes of debate on H.R. 3060.
Considered under suspension of the rules. (consideration: CR H8065-8067)
Mr. Oxley moved to suspend the rules and pass the bill.
Placed on the Union Calendar, Calendar No. 170.
Reported by the Committee on Financial Services. H. Rept. 107-283.
Reported by the Committee on Financial Services. H. Rept. 107-283.
Ordered to be Reported by Voice Vote.
Committee Consideration and Mark-up Session Held.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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Analyze H.R.3060 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.
Examine H.R.3060 through a progressive lens, focusing on fairness, access, economic inequality, and effects on vulnerable communities. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and distinguish stated goals from demonstrated outcomes.
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