House Bill 32 - Supporting the current definition of materiality in the securities laws and opposing new disclosure requirements outside the core mission of the Securities and Exchange Commission.

Purpose and Summary

Chamber: House

Introduced date: 2023-01-12

Recent Activity

Referred to the House Committee on Financial Services.

Alternative Names

Supporting the current definition of materiality in the securities laws and opposing new disclosure requirements outside the core mission of the Securities and Exchange Commission.

Supporting the current definition of materiality in the securities laws and opposing new disclosure requirements outside the core mission of the Securities and Exchange Commission.

Associated Legislation

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Policy Areas

Finance and Financial Sector

Potential Impact

Business records

Financial services and investments

Securities

Sponsors and Supporters

Rep. Joyce, David P. [R-OH-14]

Cosponsors and Supporters

Rep. Steil, Bryan [R-WI-1]

Rep. Stewart, Chris [R-UT-2]

Rep. Johnson, Dusty [R-SD-At Large]

Rep. Duncan, Jeff [R-SC-3]

Rep. Grothman, Glenn [R-WI-6]

Committees and Subcommittees

Financial Services Committee

Variations and Revisions

Supporting the current definition of materiality in the securities laws and opposing new disclosure requirements outside the core mission of the Securities and Exchange Commission.

3/13/2024, 4:40 PM

This resolution supports the current definition of materiality under securities law and opposes certain new disclosure requirements for companies.

Congress
118
Number
HRES - 32
Introduced on
2023-01-12
# Amendments
0
Sponsors
+5
Cosponsors
+5

Variations and Revisions

1/12/2023
Text
PDF
XML

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

This resolution supports the current definition of materiality under securities law and opposes certain new disclosure requirements for companies.

Alternative Names
Official Title as IntroducedSupporting the current definition of materiality in the securities laws and opposing new disclosure requirements outside the core mission of the Securities and Exchange Commission.
Policy Areas
Finance and Financial Sector
Potential Impact
Business records•
Financial services and investments•
Securities

Comments

Recent Activity

Latest Summary1/23/2023

This resolution supports the current definition of materiality under securities law and opposes certain new disclosure requirements for companies.

Latest Action1/12/2023
Referred to the House Committee on Financial Services.