H.R. 5323: Derivatives Fairness Act

CBO Score

$2 million

Date of Report

Fri June 1st, 2018

CBO Report Details

Legislation Details

115th Congress

To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to establish an exemption from the credit valuation adjustment calculation for uncleared derivatives transactions with end-users so that United States companies are not disadvantaged, and for other purposes.

Sponsor: Rep. Warren Davidson — R — OH

H.R. 5323 would prohibit the federal financial regulators from requiring banks to hold capital against certain derivative contracts. Under current law, the calculation of a bank’s capital requirement includes amounts for some derivative contracts.

View the full vote history of this bill on GovTrack.us.

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