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H.R. 4168 118th Congress House

Mandatory Materiality Requirement Act of 2023

Official title: To amend the Securities Act of 1933 to require that information required to be disclosed to the Securities and Exchange Commission by issuers be material to vo… Show full official titleShow less

Official title: To amend the Securities Act of 1933 to require that information required to be disclosed to the Securities and Exchange Commission by issuers be material to voting or investment decisions regarding those issuers, and for other purposes.

Introduced: June 15, 2023 Introduced by: Bill Huizenga Republican · Michigan See on congress.gov
Finance and Financial Sector Administrative law and regulatory proceduresBusiness investment and capitalFinancial services and investmentsSecuritiesSecurities and Exchange Commission (SEC)
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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
Jun 15, 2023
Referred to the House Committee on Financial Services.
Jun 15, 2023
Introduced in House
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 Latest action June 15, 2023

Referred to the House Committee on Financial Services.

 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.

 Related & companion bills 1
  • S 2005 Identical bill Mandatory Materiality Requirement Act of 2023
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Lobbying activity 7

Registered lobbyists who named this bill in their disclosure filings. Source: federal Lobbying Disclosure Act filings.

Bodies those filers lobbied

A filing lists the bills it worked on and the parts of government it contacted in separate sections, so these are the bodies those filers named anywhere in the filing, not a per-bill breakdown.

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 Cosponsors 1
All 1 Republican 1
R
Barr, Andy
Kentucky · Jun 15, 2023
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 4168: Mandatory Materiality Requirement Act of 2023. 118th Congress. Open America. https://openamerica.io/bill/118-HR-4168/
MLA
"H.R. 4168: Mandatory Materiality Requirement Act of 2023." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-HR-4168/.
Bluebook (legal)
H.R. 4168, 118th Cong. (2026), https://openamerica.io/bill/118-HR-4168/.
Markdown link
[H.R. 4168: Mandatory Materiality Requirement Act of 2023](https://openamerica.io/bill/118-HR-4168/)
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