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H.R. 5970 115th Congress House

Modernizing Disclosures for Investors Act

Official title: To require the Securities and Exchange Commission to carry out a cost benefit analysis of the use of Form 10-Q and for other purposes.

Introduced: May 24, 2018 Introduced by: Ann Wagner Republican · Missouri See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresBanking and financial institutions regulationCongressional oversightFinancial services and investmentsGovernment studies and investigations
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This bill died when the 115th Congress ended
It never became law before the 115th Congress (2017–2018) 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
Jul 11, 2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 10, 2018
Motion to reconsider laid on the table Agreed to without objection. (text: CR H6013)
Jul 10, 2018
The title of the measure was amended. Agreed to without objection.
Jul 10, 2018
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Jul 10, 2018
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Jul 10, 2018
DEBATE - The House proceeded with forty minutes of debate on H.R. 5970.
Jul 10, 2018
Considered under suspension of the rules. (consideration: CR H6013-6015)
Jul 10, 2018
Mr. Huizenga moved to suspend the rules and pass the bill, as amended.
Jul 10, 2018
Placed on the Union Calendar, Calendar No. 630.
Jul 10, 2018
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-811.
Jun 21, 2018
Ordered to be Reported (Amended) by the Yeas and Nays: 56 - 0.
Jun 21, 2018
Committee Consideration and Mark-up Session Held.
May 24, 2018
Introduced in House
May 24, 2018
Referred to the House Committee on Financial Services.
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 Latest action July 11, 2018

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

 Plain-English summary Congressional Research Service

Modernizing Disclosures for Investors Act

(Sec. 2) This bill directs the Securities and Exchange Commission to: (1) report on the costs and benefits of requiring reporting companies to use Form 10-Q to satisfy quarterly financial disclosure requirements; and (2) make recommendations for decreasing costs, increasing transparency, and increasing efficiency of quarterly financial reporting by emerging growth companies.

 Related & companion bills 3
  • HR 4076 Reintroduced Bill Modernizing Disclosures for Investors Act
  • S 488 Encouraging Employee Ownership Act
  • S 3575 Modernizing Disclosures for Investors Act
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 5970: Modernizing Disclosures for Investors Act. 115th Congress. Open America. https://openamerica.io/bill/115-HR-5970/
MLA
"H.R. 5970: Modernizing Disclosures for Investors Act." 115th Congress, 2026, Open America, https://openamerica.io/bill/115-HR-5970/.
Bluebook (legal)
H.R. 5970, 115th Cong. (2026), https://openamerica.io/bill/115-HR-5970/.
Markdown link
[H.R. 5970: Modernizing Disclosures for Investors Act](https://openamerica.io/bill/115-HR-5970/)
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