HR-4569 : Still Just a Bill

Disclosure Modernization and Simplification Act of 2014 - Directs the Securities and Exchange Commission (SEC) to: (1) issue regulations permitting issuers to submit a summary page on annual and transition report form 10-K if each item on that page cross-references the material contained in form 10-K; (2) revise regulation S-K in order to reduce the burden on smaller issuers, including emerging growth companies, accelerated filers, and smaller reporting companies; and (3) eliminate duplicative, overlapping, outdated, or unnecessary provisions in regulation S-K.

Directs the SEC to study ways to: (1) modernize and simplify the requirements in regulation S-K, (2) improve the readability and navigability of disclosure documents, and (3) discourage repetition and disclosure of immaterial information.

Action Timeline

Action DateTypeTextSource
2014-12-03IntroReferralReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Senate
2014-12-02FloorMotion to reconsider laid on the table Agreed to without objection.House floor actions
2014-12-02FloorOn motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H8258)House floor actions
2014-12-02FloorDEBATE - The House proceeded with forty minutes of debate on H.R. 4569.House floor actions
2014-12-02FloorConsidered under suspension of the rules. (consideration: CR H8258-8260)House floor actions
2014-12-02FloorMr. Garrett moved to suspend the rules and pass the bill, as amended.House floor actions
2014-12-02CalendarsPlaced on the Union Calendar, Calendar No. 482.House floor actions
2014-12-02CommitteeReported (Amended) by the Committee on Financial Services. H. Rept. 113-642.House floor actions
2014-05-22CommitteeOrdered to be Reported (Amended) by the Yeas and Nays: 59 - 0.House committee actions
2014-05-22CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2014-05-06IntroReferralReferred to the House Committee on Financial Services.House floor actions
2014-05-06IntroReferralIntroduced in HouseLibrary of Congress
2014-04-09CommitteeHearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.House committee actions

Policy Area :

Finance and Financial Sector
See Subjects
  • Administrative law and regulatory procedures
  • Business records
  • Congressional oversight
  • Corporate finance and management
  • Financial services and investments
  • Government information and archives
  • Government studies and investigations
  • Securities
  • Small business
  • Securities and Exchange Commission (SEC)

Related Bills

See Related Bills