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H.R. 1525 114th Congress House

Disclosure Modernization and Simplification Act of 2015

Official title: To require the Securities and Exchange Commission to make certain improvements to form 10-K and regulation S-K, and for other purposes.

Introduced: March 23, 2015 See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresBusiness recordsCongressional oversightCorporate finance and management
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Financial services and investmentsGovernment information and archivesGovernment studies and investigationsSecuritiesSecurities and Exchange Commission (SEC)Small business
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 14 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 7, 2015
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Oct 6, 2015
Motion to reconsider laid on the table Agreed to without objection.
Oct 6, 2015
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H6804)
Oct 6, 2015
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H6804)
Oct 6, 2015
DEBATE - The House proceeded with forty minutes of debate on H.R. 1525.
Oct 6, 2015
Considered under suspension of the rules. (consideration: CR H6804-6805)
Oct 6, 2015
Mr. Garrett moved to suspend the rules and pass the bill.
Oct 6, 2015
Placed on the Union Calendar, Calendar No. 211.
Oct 6, 2015
Reported by the Committee on Financial Services. H. Rept. 114-279.
May 20, 2015
Ordered to be Reported by the Yeas and Nays: 60 - 0.
May 20, 2015
Committee Consideration and Mark-up Session Held.
Apr 29, 2015
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Mar 23, 2015
Referred to the House Committee on Financial Services.
Mar 23, 2015
Introduced in House
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 Latest action October 7, 2015

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Disclosure Modernization and Simplification Act of 2015

(Sec. 2) Directs the Securities and Exchange Commission (SEC) to issue regulations permitting issuers to submit a summary page on annual and transition report form 10-K if each item on that page cross-references electronically or otherwise the material contained in form 10-K to which the item relates.

(Sec. 3) Requires the SEC to revise regulation S-K (Standard Instructions for Filing Forms under the Securities Act of 1933, the Securities Exchange Act of 1934 and the Energy Policy and Conservation Act of 1975) in order to:

  • reduce the burden on smaller issuers, including emerging growth companies, accelerated filers, and smaller reporting companies (while still providing all material information to investors); and
  • eliminate duplicative, overlapping, outdated, or unnecessary provisions.

(Sec. 4) Directs the SEC to study ways to: (1) modernize and simplify requirements in regulation S-K, and (2) evaluate information delivery and presentation methods as well as explore methods to discourage repetition and disclosure of immaterial information.

Requires the SEC to issue a proposed rule to implement any recommendations it makes to Congress based upon the study.

 Related & companion bills 2
  • HR 37 Promoting Job Creation and Reducing Small Business Burdens Act
  • HR 22 FAST Act
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1525: Disclosure Modernization and Simplification Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-HR-1525/
MLA
"H.R. 1525: Disclosure Modernization and Simplification Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-1525/.
Bluebook (legal)
H.R. 1525, 114th Cong. (2026), https://openamerica.io/bill/114-HR-1525/.
Markdown link
[H.R. 1525: Disclosure Modernization and Simplification Act of 2015](https://openamerica.io/bill/114-HR-1525/)
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