HR 7030
118th Congress
House
Finance and Financial Sector
REG Act of 2024
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 18, 2024
Referred to the House Committee on Financial Services.
Jan 18, 2024
Introduced in House
Plain-English summary
Review the Expansion of Government Act of 2024 or the REG Act of 2024
This bill requires the Securities and Exchange Commission (SEC) to review its final rules every five years to determine if revision is necessary or appropriate to facilitate capital formation, to maintain fair and orderly markets, and for investor protection. The SEC must periodically report to Congress on this effort.
When engaged in rulemaking, the SEC must consider whether a new rule will promote efficiency, competition, and capital formation when considered cumulatively with other rules and regulations.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1