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HR 4168 118th Congress House Finance and Financial Sector Administrative law and regulatory procedures Business investment and capital Financial services and investments Securities Securities and Exchange Commission (SEC)

Mandatory Materiality Requirement Act of 2023

Introduced: June 15, 2023 Introduced by: Huizenga, Bill Republican · Michigan See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 15, 2023
Referred to the House Committee on Financial Services.
Jun 15, 2023
Introduced in House
 Plain-English summary Congressional Research Service

Mandatory Materiality Requirement Act of 2023

This bill requires the Securities and Exchange Commission (SEC) to limit issuer disclosure requirements made in a rulemaking. Specifically, the SEC must provide that an issuer of securities is only required to disclose information in response to a rulemaking if the issuer determines that this information is important to a voting or investment decision regarding the issuer.

What's happening now June 15, 2023

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Republican 1