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To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans.

3/14/2024, 12:48 PM

Congressional Summary of HR 4571

Directs the Securities and Exchange Commission (SEC) to revise regulations to require an issuer to furnish investors with additional specified disclosures regarding compensatory benefit plans if the aggregate sales price or amount of securities sold during any consecutive 12-month period exceeds $20 million (currently $5 million).

Directs the SEC to index that aggregate sales price or amount for inflation every 5 years.

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Current Status of Bill HR 4571

Bill HR 4571 is currently in the status of Bill Introduced since May 6, 2014. Bill HR 4571 was introduced during Congress 113 and was introduced to the House on May 6, 2014.  Bill HR 4571's most recent activity was Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 23. as of May 22, 2014

Bipartisan Support of Bill HR 4571

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 4571

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Administrative law and regulatory procedures
- Business records
- Corporate finance and management
- Financial services and investments
- Inflation and prices
- Securities
- Securities and Exchange Commission (SEC)

Alternate Title(s) of Bill HR 4571

To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans.
To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans.

Comments

Sponsors and Cosponsors of HR 4571

Randy Hultgren
Randy Hultgren
IllinoisRepublican

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