118th Congress Finance and Financial Sector
S. 2005: Mandatory Materiality Requirement Act of 2023
Introduced
- Introduced (completed)
- Passed Senate (not reached)
- Passed House (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill requires the Securities and Exchange Commission (SEC) to limit issuer disclosure requirements made in a rulemaking. Specifically, the SEC must provide that an issuer of securities is only required to disclose information in response to a rulemaking if the issuer determines that this information is important to a voting or investment decision regarding the issuer.
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
- John Boozman R-AROriginal
- Katie Britt R-ALOriginal
- Kevin Cramer R-NDOriginal
- Steve Daines R-MTOriginal
- Charles Grassley R-IAOriginal
- Bill Hagerty R-TNOriginal
- Cynthia Lummis R-WYOriginal
- Dan Sullivan R-AKOriginal
- Thom Tillis R-NCOriginal
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History
- Introduced in the Senate by Mike Rounds.
Show the full action history (2 actions)
- Introduced in Senate
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.