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Email In order to facilitate a covered bond market in the United States, Representative Scott Garrett, along with co-sponsors Representative Paul Kanjorski and Representative Spencer Bachus, introduced the “United States Covered Bond Act of 2010” (the “Act”) in the House of Representatives on March 18, 2010. The Act expands upon legislation that Representative Garrett previously introduced in the House of Representatives on July 30, 2008, entitled “Equal Treatment of Covered Bonds Act of 2008”, which was never passed into law. https://www.cadwalader.com/resources/clients-friends-memos/new-us-covered-bond-legislation-introduced