PlainBillCongress, translated.Legislation. Context. Public interest.Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Congressional Research Service
Version 81 · Passed House without amendment · Jun 12, 2013
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013 - Amends the Commodity Exchange Act, with respect to derivatives clearing organizations and swap data repositories, to repeal the prerequisite that, before the Commodity Futures Trading Commission (CFTC) may share information with specified regulatory agencies, such agencies must agree to indemnify the CFTC for expenses arising from litigation relating to information so provided.
Amends the Securities Exchange Act of 1934 to repeal similarly the prerequisite that, before a security-based swap data repository may share information with specified regulatory entities, such entities must agree to indemnify both such repository and the Securities and Exchange Commission (SEC) for expenses arising from litigation relating to information so provided.
People & committees
Rep. Crawford, Eric A. "Rick" [R-AR-1] · R–AR
Legislative record
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Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 420 - 2 (Roll no. 216). (text: CR H3304-3305)
House roll call 216 · Individual votesPassed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 420 - 2 (Roll no. 216).(text: CR H3304-3305)
House roll call 216 · Individual votesConsidered as unfinished business. (consideration: CR H3317)
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
DEBATE - The House proceeded with forty minutes of debate on H.R. 742.
Considered under suspension of the rules. (consideration: CR H3304-3307)
Mr. Crawford moved to suspend the rules and pass the bill.
Placed on the Union Calendar, Calendar No. 75.
Reported by the Committee on Financial Services. H. Rept. 113-106, Part II.
Reported by the Committee on Financial Services. H. Rept. 113-106, Part II.
Reported by the Committee on Agriculture. H. Rept. 113-106, Part I.
Reported by the Committee on Agriculture. H. Rept. 113-106, Part I.
Ordered to be Reported by the Yeas and Nays: 52 - 0.
Committee Consideration and Mark-up Session Held.
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Ordered to be Reported by Voice Vote.
Committee Consideration and Mark-up Session Held.
Committee Hearings Held.
Referred to the Committee on Agriculture, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to the Committee on Agriculture, and in addition to the Committee on Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Introduced in House
Introduced in House
Primary sources
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No related bills are listed in this snapshot. This does not establish whether the proposal has appeared in earlier Congresses.
Source last updated: Apr 7, 2025. Consult Congress.gov for the current record.
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Analyze H.R.742 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.742 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.
Examine H.R.742 through a conservative lens, focusing on fiscal responsibility, institutional stability, federalism, and the scope of government. Explain potential benefits, costs, and unintended consequences. Consider the strongest counterarguments and any provisions that challenge this perspective.
Examine H.R.742 through a civil-liberties and limited-government lens. Consider individual rights, privacy, voluntary choice, accountability, and government power. Explain tradeoffs, possible safeguards, and the strongest counterarguments without assuming the proposal is beneficial or harmful.