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H.R. 742: Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013

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H.R. 742: Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013

113th Congress · introduced 2013-02-15 · Finance and Financial Sector · Latest: Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2013-02-15 · official record
  2. Who proposed it: Rep. Crawford, Eric A. "Rick" [R-AR-1] · what a sponsor is
  3. What happened next: 1 recorded vote in our records. Latest: House roll call 216 (2013): On Motion to Suspend the Rules and Pass, HR742 (2013-06-12), Passed. See all
  4. Where it stands now: Received in the Senate and Read twice and referred to the Committee on Agriculture, Nutrition, and Forestry. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013

Plain summary

(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.

Congressional Research Service summary (Passed House without amendment), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Swap Data Repository and Clearinghouse Indemnification Correction Act of 2013

Source: Congressional Research Service summary (Passed House without amendment)

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The strongest published arguments

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Crawford, Eric A. "Rick" [R-AR-1] · 13 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

Gwen Moore (D-WI), Bill Huizenga (R-MI), Juan Vargas (D-CA), Joe Courtney (D-CT)

Sponsor's campaign money: Rep. Crawford, Eric A. "Rick" [R-AR-1] reported raising $1.1 million (2025–2026). Details. Shown for context only; it does not mean any donor supported this bill.

Recorded votes

Words on this page, explained (1)
Securities
Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong113-hr742 · catalog fed-us-congress-bills-cong113 · updated 2026-11-15 by psicol fed-bills-cong113