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Category Archives: Legislation

H.R.5490 – Wall Street Accountability through Sustainable Funding Act

Summary: H.R.5490 — 113th Congress (2013-2014)

All Bill Information (Except Text). There is one summary for this bill. Bill summaries are authored by CRS. Shown Here: Introduced in House (09/16/2014)

Wall Street Accountability Through Sustainable Funding Act – Amends the Commodity Exchange Act to require the Commodity Futures Trading Commission (CFTC) to impose fees to recover the cost of the appropriation to the CFTC for the fiscal year.

Requires the fees to be imposed on each agreement, contract, or transaction that is a contract of sale of a commodity for future delivery, an option, or a swap.

Permits the CFTC to exempt contracts, agreements, or transactions from the fee if the exemption is consistent with: (1) the public interest; (2) the equal treatment of contract markets, derivatives clearing organizations, and market participants; and (3) the operation of a nationwide market system.

Establishes the Commodity Futures Trading Commission Reserve Fund in the Treasury and requires the CFTC to impose and collect an additional fee to be deposited into the Fund. Permits the CFTC to obligate amounts in the Fund for long-term investments in information technology and unexpected expenses. Limits the balance in the Fund to $50 million.

New GAO Report – Combatting Terrorism

Strategy to Counter Iran in the Western Hemisphere Has Gaps That State Department Should Address, GAO-14-834: Published: Sep 29, 2014. Publicly Released: Oct 21, 2014. “The activities of Iranian government elements, such as a 2011 attempt to assassinate the Saudi Ambassador in the United States, could pose a threat to U.S. national security. Congress enacted theContinue Reading

Conflict Minerals and Resource Extraction: Dodd-Frank, SEC Regulations, and Legal Challenges

Conflict Minerals and Resource Extraction: Dodd-Frank, SEC Regulations, and Legal Challenges. Michael V. Seitzinger, Legislative Attorney; Kathleen Ann Ruane, Legislative Attorney. October 15, 2014. “Two sections of the Dodd-Frank Wall Street Reform and Protection Act (Dodd-Frank) require that the Securities and Exchange Commission (SEC or Commission) issue regulations to make public the involvement of U.S. companies in conflict minerals and inContinue Reading

Cybercrime: An Overview of the Federal Computer Fraud and Abuse Statute and Related Federal Criminal Laws

CRS – Cybercrime: An Overview of the Federal Computer Fraud and Abuse Statute and Related Federal Criminal Laws. Charles Doyle, Senior Specialist in American Public Law. October 15, 2014. “The Computer Fraud and Abuse Act (CFAA), 18 U.S.C. 1030, outlaws conduct that victimizes  computer systems. It is a cyber security law. It protects federal computers, bank computers, and computersContinue Reading

CRS – Patient Protection and Affordable Care Act

Patient Protection and Affordable Care Act (ACA): Resources for Frequently Asked Questions, Angela Napili, Information Research Specialist, October 10, 2014. “The Patient Protection and Affordable Care Act (ACA; P.L. 111-148, as amended) has numerous provisions affecting private health insurance and public health coverage programs. Many of these provisions take effect in 2014. This report provides resources to help congressionalContinue Reading

Al Qaeda-Affiliated Groups: Middle East and Africa

CRS: Al Qaeda-Affiliated Groups: Middle East and Africa, October 10, 2014. “After more than a decade of combating Al Qaeda in Afghanistan and Pakistan, the United States now faces an increasingly diverse threat from Al Qaeda affiliates in the Middle East and Africa and from emerging groups that have adopted aspects of Al Qaeda’s ideologyContinue Reading

Common Core State Standards: Frequently Asked Questions

CRS Report – Common Core State Standards: Frequently Asked Questions. Rebecca R. Skinner, Specialist in Education Policy; Jody Feder, Legislative Attorney. September 15, 2014. “Over the last two decades, there has been interest in developing federal policies that focus on  student outcomes in elementary and secondary education. Perhaps most prominently, the enactment of the No Child Left Behind Act of 2001Continue Reading

Twitter – Taking the fight for #transparency to court

Twitter news release: ” As part of our latest transparency report released in July, wedescribed how we were being prohibited from reporting on the actual scope of surveillance of Twitter users by the U.S. government. Our ability to speak has been restricted by laws that prohibit and even criminalize a service provider like us from disclosingContinue Reading

Temporary Professional, Managerial, and Skilled Foreign Workers: Legislation in the 113th Congress

CRS – Temporary Professional, Managerial, and Skilled Foreign Workers: Legislation in the 113th Congress. Ruth Ellen Wasem, Specialist in Immigration Policy. September 30, 2014 “The admission of professional, managerial, and skilled foreign workers raises a complex set of policy issues as the United States competes internationally for the most talented workers in the world, without adversely effecting U.S. workersContinue Reading

Legislative Research for Congressional Staff: How to Find Documents and Other Resources

CRS – Legislative Research for Congressional Staff: How to Find Documents and Other Resources. Ada S. Cornell, Information Research Specialist. Michael Greene, Information Research Specialist; Laura A. Hanson, Information Research Specialist. September 25, 2014. “During the legislative process, many documents are prepared by Congress and its committees. Governmental and non-governmental entities track and record congressional activities, and many more entities chronicle and analyzeContinue Reading

Minimum efficiency standards for electric motors will soon increase

“Nearly half of the electricity consumed in the manufacturing sector is used for powering motors, such as for fans, pumps, conveyors, and compressors. About two thirds of this machine-drive consumption occurs in the bulk chemicals, food, petroleum and coal products, primary metals, and paper industries. For more than three decades the efficiency of new motors has been regulated byContinue Reading

Congress.gov: Removing the Beta Label and New Enhancements

Via Emily Carr – Andrew Weber‘s news: The Library of Congress launched Congress.gov in beta two years ago.  Today, I’m happy to announce we officially removed the beta label. That’s roughly three years quicker than Gmail took to remove its beta label, but we won’t give you the option of putting it back on Congress.gov.  URLs thatContinue Reading