Municipal Advisor Choice Act
1/11/2023, 1:32 PMCongressional 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, 2016Bipartisan Support of Bill HR 5596
Total Number of Sponsors
1Democrat Sponsors
0Republican Sponsors
1Unaffiliated Sponsors
0Total Number of Cosponsors
0Democrat Cosponsors
0Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5596
Primary Policy Focus
Finance and Financial SectorPotential Impact Areas
SecuritiesState and local financeAlternate Title(s) of Bill HR 5596
Municipal Advisor Choice ActTo 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 ActComments
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Sponsors and Cosponsors of HR 5596
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