House Bill 5970
115th Congress(2017-2018)
Modernizing Disclosures for Investors Act
Active
Passed House on Jul 10, 2018
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
5970
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
checkPassed on July 10, 2018
Status
Passed
Type
Voice Vote
Voice Vote
A vote in which the presiding officer states the question, then asks those in favor and against to say "Yea" or "Nay," respectively, and announces the result according to his or her judgment. The names or numbers of senators voting on each side are not recorded.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Summary
Simplifying Disclosures for Investors Act
This bill requires the Securities and Exchange Commission to allow issuers of securities traded on a national securities exchange to meet quarterly financial disclosure requirements via an alternative method, such as through a press release or a shortened form. (Currently, such issuers must disclose information quarterly through Form 10-Q.)
July 11, 2018
July 10, 2018
July 10, 2018
May 24, 2018
07/11/2018
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
07/10/2018
The title of the measure was amended. Agreed to without objection.
07/10/2018
Motion to reconsider laid on the table Agreed to without objection. (text: CR H6013)
07/10/2018
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
07/10/2018
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
07/10/2018
DEBATE - The House proceeded with forty minutes of debate on H.R. 5970.
07/10/2018
Considered under suspension of the rules. (consideration: CR H6013-6015)
07/10/2018
Mr. Huizenga moved to suspend the rules and pass the bill, as amended.
07/10/2018
Placed on the Union Calendar, Calendar No. 630.
07/10/2018
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-811.
06/21/2018
Ordered to be Reported (Amended) by the Yeas and Nays: 56 - 0.
06/21/2018
Committee Consideration and Mark-up Session Held.
05/24/2018
Referred to the House Committee on Financial Services.
05/24/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:39:25 PM