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Disclose Police Brutality Bonds Act of 2020

2/8/2022, 11:15 PM

Congressional Summary of HR 7261

Disclose Police Brutality Bonds Act of 2020

This bill requires issuers of securities to disclose services provided to state and local governments related to the issuance of bonds if proceeds may be used to pay settlements or judgments in connection with police violence or civil rights abuses.

Current Status of Bill HR 7261

Bill HR 7261 is currently in the status of Bill Introduced since June 18, 2020. Bill HR 7261 was introduced during Congress 116 and was introduced to the House on June 18, 2020.  Bill HR 7261's most recent activity was Referred to the House Committee on Financial Services. as of June 18, 2020

Bipartisan Support of Bill HR 7261

Total Number of Sponsors
1
Democrat Sponsors
1
Republican Sponsors
0
Unaffiliated Sponsors
0
Total Number of Cosponsors
6
Democrat Cosponsors
6
Republican Cosponsors
0
Unaffiliated Cosponsors
0

Policy Area and Potential Impact of Bill HR 7261

Primary Policy Focus

Finance and Financial Sector

Potential Impact Areas

- Civil actions and liability
- Government information and archives
- Law enforcement officers
- Securities

Alternate Title(s) of Bill HR 7261

Disclose Police Brutality Bonds Act of 2020
To amend the Securities Exchange Act of 1934 to require issuers to disclose services performed for State and local governments in connection with the issuance of bonds that may be used to pay for settlements or judgments in connection with police violence or civil rights abuses, and for other purposes.
Disclose Police Brutality Bonds Act of 2020

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