HR 940

112th CONGRESS
1st Session

H. R. 940

To establish standards for covered bond programs and a covered bond regulatory oversight program, and for other purposes.

IN THE HOUSE OF REPRESENTATIVES

March 8, 2011

Mr. GARRETT (for himself and Mrs. MALONEY) introduced the following bill; which was referred to the Committee on Financial Services, and in addition to the Committee on Ways and Means, 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


A BILL

To establish standards for covered bond programs and a covered bond regulatory oversight program, and for other purposes.

SECTION 1. SHORT TITLE.

SEC. 2. DEFINITIONS.

SEC. 3. REGULATORY OVERSIGHT OF COVERED BOND PROGRAMS ESTABLISHED.

SEC. 4. RESOLUTION UPON DEFAULT OR INSOLVENCY.

SEC. 5. SECURITIES LAW PROVISIONS.

SEC. 6. MISCELLANEOUS PROVISIONS.

END