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Municipal Advisor Choice Act

1/11/2023, 1:32 PM

Congressional Summary of HR 5596

Municipal Advisor Choice Act

This bill amends the Securities Exchange Act of 1934 to provide that an issuer of municipal securities is not required to retain a municipal advisor prior to issuing securities.

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Current Status of Bill HR 5596

Bill HR 5596 is currently in the status of Bill Introduced since June 28, 2016. Bill HR 5596 was introduced during Congress 114 and was introduced to the House on June 28, 2016.  Bill HR 5596's most recent activity was Referred to the House Committee on Financial Services. as of June 28, 2016

Bipartisan Support of Bill HR 5596

Total Number of Sponsors
1
Democrat Sponsors
0
Republican Sponsors
1
Unaffiliated Sponsors
0
Total Number of Cosponsors
0
Democrat Cosponsors
0
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 5596

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Securities
- State and local finance

Alternate Title(s) of Bill HR 5596

Municipal Advisor Choice Act
To amend the Securities Exchange Act of 1934 to provide that an issuer of municipal securities is not required to retain a municipal advisor prior to issuing any such securities.
Municipal Advisor Choice Act

Comments

Sponsors and Cosponsors of HR 5596

Randy Hultgren
Randy Hultgren
IllinoisRepublican

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