118th Congress Finance and Financial Sector
H.R. 7030: REG Act of 2024
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill requires the Securities and Exchange Commission (SEC) to review its final rules every five years to determine if revision is necessary or appropriate to facilitate capital formation, to maintain fair and orderly markets, and for investor protection. The SEC must periodically report to Congress on this effort.
When engaged in rulemaking, the SEC must consider whether a new rule will promote efficiency, competition, and capital formation when considered cumulatively with other rules and regulations.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Garland Barr R-KYOriginal
- Andrew Garbarino R-NYOriginal
- Bill Huizenga R-MIOriginal
- J. Hill R-AROriginal
- Ann Wagner R-MOOriginal
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Other bills by Young Kim
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- H.R. 5587: HEATS Act
- H.R. 5248: PROFIT Act of 2026
- H.R. 7037: Developing Overseas Mineral Investments and New Allied Networks for Critical Energies Act
History
- Introduced in the House by Young Kim.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Financial Services.