US HB4792 | 2015-2016 | 114th Congress
Status
Sponsorship: Partisan Bill (Democrat 25)
Status: Introduced on March 17 2016 - 25% progression, died in committee
Action: 2016-03-17 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 17 2016 - 25% progression, died in committee
Action: 2016-03-17 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
To update the oil and gas and mining industry guides of the Securities and Exchange Commission. This bill directs the Securities and Exchange Commission (SEC), within 180 days of enactment of this bill, to update: the Securities Act industry guides entitled "Prospectuses relating to interests in oil and gas programs" and "Description of Property by Issuers Engaged or To Be Engaged in Significant Mining Operations," the Exchange Act industry guide entitled "Description of Property by Issuers Engaged or To Be Engaged in Significant Mining Operations," and regulations concerning disclosure by registrants engaged in oil and gas producing activities. In making such updates, the SEC shall work with the Investor Advisory Committee, which shall solicit and consider public input or appropriate disclosures to include and make specific recommendations to the SEC. If the SEC fails to meet the deadline, it must report to and testify before specified congressional committees explaining why it failed to meet it.
Title
To update the oil and gas and mining industry guides of the Securities and Exchange Commission.
Sponsors
| Rep. Matthew Cartwright [D-PA] | Rep. Chaka Fattah [D-PA] | Rep. Mark Pocan [D-WI] | Rep. David Cicilline [D-RI] |
| Rep. Zoe Lofgren [D-CA] | Rep. Jared Polis [D-CO] | Rep. Julia Brownley [D-CA] | Rep. Keith Ellison [D-MN] |
| Rep. Alan Lowenthal [D-CA] | Rep. Don Beyer [D-VA] | Rep. Barbara Lee [D-CA] | Rep. Anna Eshoo [D-CA] |
| Rep. Michael Honda [D-CA] | Rep. Raul Grijalva [D-AZ] | Rep. Mark DeSaulnier [D-CA] | Rep. Jared Huffman [D-CA] |
| Rep. Alan Grayson [D-FL] | Rep. Jose Serrano [D-NY] | Rep. Paul Tonko [D-NY] | Rep. Eleanor Norton [D-DC] |
| Rep. Gerald Connolly [D-VA] | Rep. Ted Lieu [D-CA] | Rep. James Langevin [D-RI] | Rep. Mark Takano [D-CA] |
| Rep. Mike Quigley [D-IL] |
History
| Date | Chamber | Action |
|---|---|---|
| 2016-03-17 | House | Referred to the House Committee on Financial Services. |
| 2016-03-17 | House | Introduced in House |
Same As/Similar To
SB2716 (Same As) 2016-03-17 - Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (Sponsor introductory remarks on measure: CR S1597)
Subjects
Administrative law and regulatory procedures
Congressional oversight
Finance and financial sector
Government information and archives
Mining
Oil and gas
Securities
Securities and Exchange Commission (SEC)
Congressional oversight
Finance and financial sector
Government information and archives
Mining
Oil and gas
Securities
Securities and Exchange Commission (SEC)
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/114th-congress/house-bill/4792/all-info |
| Text | https://www.congress.gov/114/bills/hr4792/BILLS-114hr4792ih.pdf |
