House bill · 112th Congress · Did not become law
Swap Execution Facility Clarification Act
Open in Bill Explorer →Where it went
- IntroducedJul 19, 2011
- Committee actionNov 30, 2011
- Passed House—
- Passed Senate—
- To the President—
- Became law—
Latest action: Feb 8, 2012 — Placed on the Union Calendar, Calendar No. 266.
Cost and committee reports
Official records Congress.gov attaches to H.R. 2586.
- CBO cost estimateThe Congressional Budget Office published “H.R. 2586, Swap Execution Facility Clarification Act” on December 22, 2011. CBO’s description reads “Cost estimate for the bill as ordered reported by the House Committee on Financial Services on November 30, 2011”.Read the CBO estimate ↗Source: Congressional Budget Office, December 22, 2011 ↗
Evidence
- Field in the Congress.gov record
- cboCostEstimates
- CBO publication
- https://www.cbo.gov/publication/42781
- CBO publication date
- December 22, 2011
- Congress.gov bill record
- H.R. 2586, 112th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/112/hr/2586
- Record last updated by Congress.gov
- April 7, 2025
- PORKER copy retrieved
- September 25, 2026
- Stored copy, SHA-256 of the file
1237187425f5440722ee5bfd1be1df7d35da1dcc995adc3cf81ac07faf37e34c
- CBO cost estimateThe Congressional Budget Office published “H.R. 2586, Swap Execution Facility Clarification Act” on February 7, 2012. CBO’s description reads “Cost estimate for the bill as ordered reported by the House Committee on Agriculture on January 25, 2012”.Read the CBO estimate ↗Source: Congressional Budget Office, February 7, 2012 ↗
Evidence
- Field in the Congress.gov record
- cboCostEstimates
- CBO publication
- https://www.cbo.gov/publication/42961
- CBO publication date
- February 7, 2012
- Congress.gov bill record
- H.R. 2586, 112th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/112/hr/2586
- Record last updated by Congress.gov
- April 7, 2025
- PORKER copy retrieved
- September 25, 2026
- Stored copy, SHA-256 of the file
1237187425f5440722ee5bfd1be1df7d35da1dcc995adc3cf81ac07faf37e34c
PORKER links to the estimate and does not repeat its dollar figures. Each estimate is for the version of the bill its description names; the bill may have changed since.
- Committee reportsCongress.gov lists 2 committee reports for this bill: H. Rept. 112-345,Part 1 ↗; H. Rept. 112-345,Part 2 ↗.Source: Congress.gov, reported February 8, 2012 ↗
Evidence
- Field in the Congress.gov record
- committeeReports
- Report API records
- https://api.congress.gov/v3/committee-report/112/HRPT/345
https://api.congress.gov/v3/committee-report/112/HRPT/345 - Congress.gov bill record
- H.R. 2586, 112th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/112/hr/2586
- Record last updated by Congress.gov
- April 7, 2025
- PORKER copy retrieved
- September 25, 2026
- Stored copy, SHA-256 of the file
1237187425f5440722ee5bfd1be1df7d35da1dcc995adc3cf81ac07faf37e34c
A committee report is the committee’s own explanation of the bill. PORKER lists it and links to it; reading it is up to you.
- Constitutional authority statementThe sponsor’s statement of where the Constitution gives Congress the power to pass this bill. Statement by Mr. GARRETT, as printed in the Congressional Record (Page H5239):Article I, Section 8, Clauses 1 (``The Congress shall have Power To lay and collect Taxes, Duties, Imposts and Excises, to pay the Debts and provide for the common Defense and general Welfare of the United States; but all Duties, Imposts and Excises shall be uniform throughout the United States''), 3 (``To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes''), and 18 (``To make all Laws which shall be necessary and proper for carrying into Execution the foregoing Powers, and all other Powers vested by this Constitution in the Government of the United States, or in any Department or Officer thereof'').Source: Congress.gov, record updated April 7, 2025 ↗
Evidence
- Field in the Congress.gov record
- constitutionalAuthorityStatementText
- Statement length
- 654 characters
- Congress.gov bill record
- H.R. 2586, 112th Congress
- Congress.gov API record
- https://api.congress.gov/v3/bill/112/hr/2586
- Record last updated by Congress.gov
- April 7, 2025
- PORKER copy retrieved
- September 25, 2026
- Stored copy, SHA-256 of the file
1237187425f5440722ee5bfd1be1df7d35da1dcc995adc3cf81ac07faf37e34c
PORKER shows the statement exactly as printed, with the page markup removed. It is the sponsor’s claim; it is not a legal finding.
From the Congress.gov bill record for H.R. 2586, last updated April 7, 2025. PORKER’s copy was retrieved September 25, 2026 and is refreshed nightly. Open “Evidence” on any line for the record, field and file fingerprint.
Vote results
No recorded roll-call votes on this bill in PORKER’s records (voice votes and unanimous consent are not roll calls; roll-call records start in 2011).
Cosponsors
8 cosponsors — 5 Republicans, 3 Democrats
3 of 8 cosponsors (38%) are from the other party.
Robert Dold (R-IL), Michael Fitzpatrick (R-PA), Michael Grimm (R-NY), Robert Hurt (R-VA), Carolyn Maloney (D-NY), Gregory Meeks (D-NY), Gwen Moore (D-WI), Randy Neugebauer (R-TX).
More from the sponsor
Other 112th Congress bills sponsored by Rep. Scott Garrett.
- H.R. 6570 (112th) To amend the American Recovery and Reinvestment Act of 2009 and the Emergency Economic Stabilization Act of 2008 to consolidate certain…
- H.R. 3581 (112th) Budget and Accounting Transparency Act of 2012
- H.R. 2308 (112th) SEC Regulatory Accountability Act
- H.R. 940 (112th) United States Covered Bond Act of 2011
- H.R. 21 (112th) Reclaiming Individual Liberty Act
- H.R. 3400 (112th) Jobs Through Growth Act
Sponsor’s state and district
Data as of Sep 26, 2026 · bill record checked by PORKER from Congress.gov · votes from Senate.gov and the House Clerk. PORKER is non-partisan.