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H.R. 3572 118th Congress House

Securities Clarity Act

Official title: To amend the securities laws to exclude investment contract assets from the definition of a security.

Introduced: May 22, 2023 Introduced by: Tom Emmer Republican · Minnesota See on congress.gov
Finance and Financial Sector
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 22, 2023
Referred to the House Committee on Financial Services.
May 22, 2023
Introduced in House
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 Latest action May 22, 2023

Referred to the House Committee on Financial Services.

 Plain-English summary Congressional Research Service

Securities Clarity Act

This bill excludes an investment contract asset as being considered a security, including for disclosure and registration purposes. An investment contract asset as defined by the bill is a tangible or intangible asset, including a digital asset, sold pursuant to an investment contract that is not otherwise considered a security.

 Related & companion bills 1
  • HR 4451 Reintroduction of Securities Clarity Act
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Soto, Darren
Florida · May 22, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 3572: Securities Clarity Act. 118th Congress. Open America. https://openamerica.io/bill/118-HR-3572/
MLA
"H.R. 3572: Securities Clarity Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-3572/.
Bluebook (legal)
H.R. 3572, 118th Cong. (2026), https://openamerica.io/bill/118-HR-3572/.
Markdown link
[H.R. 3572: Securities Clarity Act](https://openamerica.io/bill/118-HR-3572/)
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