US SB5005 | 2021-2022 | 117th Congress
Status
Spectrum: Partisan Bill (Republican 8-0)
Status: Introduced on September 29 2022 - 25% progression, died in chamber
Action: 2022-12-13 - Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on September 29 2022 - 25% progression, died in chamber
Action: 2022-12-13 - Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held.
Text: Latest bill text (Introduced) [PDF]
Summary
A bill 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 investors of those issuers, and for other purposes.
Title
Mandatory Materiality Requirement Act of 2022
Sponsors
| Sen. Mike Rounds [R-SD] | Sen. Cynthia Lummis [R-WY] | Sen. Thom Tillis [R-NC] | Sen. Bill Hagerty [R-TN] |
| Sen. John Boozman [R-AR] | Sen. Steve Daines [R-MT] | Sen. Chuck Grassley [R-IA] | Sen. Dan Sullivan [R-AK] |
History
| Date | Chamber | Action |
|---|---|---|
| 2022-12-13 | Senate | Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance, and Investment. Hearings held. |
| 2022-09-29 | Senate | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
Same As/Similar To
HB9408 (Same As) 2022-12-02 - Referred to the House Committee on Financial Services.
Subjects
US Congress State Sources
| Type | Source |
|---|---|
| Summary | https://www.congress.gov/bill/117th-congress/senate-bill/5005/all-info |
| Text | https://www.congress.gov/117/bills/s5005/BILLS-117s5005is.pdf |
