Bill Sponsor
House Bill 4738
115th Congress(2017-2018)
Mutual Fund Litigation Reform Act
Introduced
Introduced
Introduced in House on Jan 8, 2018
Overview
Text
Sponsor
Introduced
Jan 8, 2018
Latest Action
May 7, 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
4738
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.
Sponsorship by Party
Republican
Minnesota
House Votes (0)
Senate Votes (0)
No House votes have been held for this bill.
Summary

Mutual Fund Litigation Reform Act

This bill amends the Investment Company Act of 1940 to specify burden-of-proof and complaint requirements with respect to certain actions for breach of fiduciary duty.

Text (2)
January 8, 2018
Actions (9)
05/07/2018
Placed on the Union Calendar, Calendar No. 509.
05/07/2018
Committee on the Judiciary discharged.
05/07/2018
Reported by the Committee on Financial Services. H. Rept. 115-662, Part I.
01/18/2018
Ordered to be Reported by the Yeas and Nays: 31 - 25.
01/18/2018
Committee Consideration and Mark-up Session Held.
01/17/2018
Committee Consideration and Mark-up Session Held.
01/08/2018
Referred to the Subcommittee on the Constitution and Civil Justice.
01/08/2018
Referred to the Committee on Financial Services, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
01/08/2018
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:39:02 PM