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- Cost Estimate
As introduced in the United States Senate on May 10, 2012 The Home Affordable Refinance Program (HARP) is administered by the Federal Housing Finance Agency (FHFA) to assist certain homeowners with refinancing mortgages that are guaranteed by Fannie Mae and Freddie Mac, also known collectively as the housing government-sponsored enterprises, or GSEs. S. 3085 would require the FHFA to expand the number of homeowners that are eligible to participate in HARP and reduce the initial costs of the program to homeowners. The bill also would:
- Cost Estimate
As ordered reported by the Senate Committee on Commerce, Science, and Transportation on July 31, 2012 The European Union (EU) has established the European Union Emissions Trading Scheme (ETS), a regulatory framework related to greenhouse gas emissions. Currently, the ETS covers emissions from air carriers that operate flights within, to, and from EU member states. Negotiations between the U.S. government and the EU about the applicability of the ETS to U.S. air carriers are ongoing, and the potential outcome of those negotiations is unclear.
- Cost Estimate
As ordered reported by the House Committee on Financial Services on June 27, 2012
- Cost Estimate
As ordered reported by the House Committee on Financial Services on May 31, 2012 H.R. 3128 would allow a depository institution holding company to use one of two reporting dates to determine whether it must phase out the use of certain financial instruments as regulatory capital. CBO estimates that enacting the legislation would not affect direct spending or revenues; therefore, pay-as-you-go procedures do not apply.
- Cost Estimate
As ordered reported by the House Committee on Financial Services on February 16, 2012
- Cost Estimate
As ordered reported by the House Committee on Financial Services on March 27, 2012 The Dodd-Frank Wall Street Reform and Consumer Protection Act (Public Law 111-203) requires that participants in swap transactions meet certain clearing, reporting, and margin requirements as well as certain standards of business conduct. (A swap is a contract that calls for an exchange of cash between two participants based on an underlying rate or index, or the performance of an asset.)
- Cost Estimate
As ordered reported by the House Committee on Financial Services on March 27, 2012
- Cost Estimate
As approved by the House Committee on Financial Services on April 18, 2012 H. Con. Res. 112, the Concurrent Budget Resolution for fiscal year 2013, as passed by the House of Representatives on March 29, 2012, instructed several committees of the House to recommend legislative changes that would reduce deficits over the 2012-2022 period. As part of this process, the House Committee on Financial Services was instructed to recommend changes to current law that would reduce the deficit by $29.8 billion for fiscal years 2012 through 2022.
- Cost Estimate
As ordered reported by the House Committee on Agriculture on January 25, 2012 H.R. 1840 would direct the Commodity Futures Trading Commission (CFTC) to assess both costs and benefits of a proposed regulation, adopting such regulation only if the agency determines that the estimated benefits justify the estimated costs. The bill also would broaden the items to consider in developing costs and benefits including, among other things, alternatives to direct regulation.
- Cost Estimate
As ordered reported by the House Committee on Financial Resources on February 16, 2012 H.R. 2308 would broaden the scope of analysis performed by the Securities and Exchange Commission (SEC) when issuing or amending regulations. The bill also would direct the SEC to develop a plan to implement the same procedural changes at the Public Company Accounting Oversight Board (PCAOB) and other entities that supervise securities markets.