US HB3032 | 2015-2016 | 114th Congress

Status

Spectrum:
Status: Engrossed on November 17 2015 - 50% progression, died in committee
Action: 2015-11-17 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

Summary

Securities and Exchange Commission Reporting Modernization Act (Sec. 2) This bill amends the Securities Exchange Act of 1934 to repeal the requirement that the Securities and Exchange Commission (SEC) compile an annual tabulation of the occasions on which it has used specified law, including the Right to Financial Privacy Act of 1978, to obtain access to financial records of a customer and include it in its annual report to the Congress. (The specified law referred to is the authority of the SEC to gain access to and obtain copies of, or the information contained in, financial records of a customer from a financial institution without prior notice to the customer upon an ex parte showing to an appropriate U.S. district court that the SEC seeks such records pursuant to a subpena, if certain circumstances exist and certain requirements are met.)

Tracking Information

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Title

Securities and Exchange Commission Reporting Modernization Act

Sponsors


History

DateChamberAction
2015-11-17SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2015-11-16HouseMotion to reconsider laid on the table Agreed to without objection.
2015-11-16HouseOn motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8219)
2015-11-16HouseDEBATE - The House proceeded with forty minutes of debate on H.R. 3032.
2015-11-16HouseConsidered under suspension of the rules. (consideration: CR H8219)
2015-11-16HouseMr. Hensarling moved to suspend the rules and pass the bill.
2015-11-16HousePlaced on the Union Calendar, Calendar No. 258.
2015-11-16HouseReported by the Committee on Financial Services. H. Rept. 114-337.
2015-07-29HouseOrdered to be Reported by the Yeas and Nays: 58 - 0.
2015-07-29HouseCommittee Consideration and Mark-up Session Held.
2015-07-28HouseCommittee Consideration and Mark-up Session Held.
2015-07-10HouseReferred to the House Committee on Financial Services.
2015-07-10HouseIntroduced in House

Subjects


US Congress State Sources


Bill Comments

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