Municipal Advisor Choice Act

House Bill 5596 - Municipal Advisor Choice Act: Overview, Status, and Impact

Hozzl · 2023-01-11T13:32:43Z

Explore the details of House Bill 5596 Municipal Advisor Choice Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Finance and Financial Sector. Stay informed on legislative developments.

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.

Read the Full Bill

Formatted Text PDF Formatted XML

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

Democrat Sponsors

Republican Sponsors

Unaffiliated Sponsors

Total Number of Cosponsors

Democrat Cosponsors

Republican Cosponsors

Unaffiliated Cosponsors

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