Ensuring Sound Guidance Act

Hozzl · 2023-12-12T06:26:31Z

Explore the details of House Bill 4237 Ensuring Sound Guidance Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on Labor and Employment. Stay informed on legislative developments.

12/12/2023, 6:26 AM

Summary of Bill HR 4237

Bill 118 hr 4237, also known as the Ensuring Sound Guidance Act, is a piece of legislation currently being considered by the US Congress. The main purpose of this bill is to ensure that federal agencies provide clear and accurate guidance to the public.

The bill requires federal agencies to follow certain guidelines when issuing guidance documents. These guidelines include making sure that the guidance is easily accessible to the public, is written in plain language that is easy to understand, and is based on sound scientific and technical information.

Additionally, the bill requires agencies to provide an opportunity for public input on proposed guidance documents before they are finalized. This is intended to ensure that the guidance reflects the needs and concerns of the public. Overall, the Ensuring Sound Guidance Act aims to improve transparency and accountability in the federal government by ensuring that the guidance provided by agencies is clear, accurate, and based on reliable information. It is currently being debated in Congress and may be subject to amendments before it is voted on.

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Current Status of Bill HR 4237

Bill HR 4237 is currently in the status of Bill Introduced since June 21, 2023. Bill HR 4237 was introduced during Congress 118 and was introduced to the House on June 21, 2023. Bill HR 4237's most recent activity was Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. as of June 21, 2023

Bipartisan Support of Bill HR 4237

Total Number of Sponsors

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Unaffiliated Sponsors

Total Number of Cosponsors

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Policy Area and Potential Impact of Bill HR 4237

Primary Policy Focus

Labor and Employment

Alternate Title(s) of Bill HR 4237

Ensuring Sound Guidance Act

To amend the Investment Advisers Act of 1940 and the Employee Retirement Income Security Act of 1974 to specify requirements concerning the consideration of pecuniary and non-pecuniary factors.