Improving Investment Research for Small and Emerging Issuers Act
Latest action · Jul 11, 2018 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedJun 19, 2018
- Passed HouseJul 10, 2018
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Improving Investment Research for Small and Emerging Issuers Act
(Sec. 2) This bill requires the Securities and Exchange Commission to report on investment research regarding small issuers, including emerging growth companies and companies considering initial public offerings. The report must: (1) include topics such as the availability of such research and potential conflicts of interest relating to its production and distribution, and (2) make recommendations for increasing small-issuer investment research.
Cosponsors 1
Members who signed on, in the order they did. All signed on Jun 19, 2018.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Maxine Waters | Original | Jun 19, 2018 |
Committees 2
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Jun 19, 2018Markup Jun 21, 2018Reported Jul 10, 2018 |
| Senate | Banking, Housing, and Urban Affairs Committee | Referred Jul 11, 2018 |
Actions 12
Everything that happened, newest first.
- Jul 11, 2018Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Jul 10, 2018Reported by the Committee on Financial Services. H. Rept. 115-808.
- Jul 10, 2018Placed on the Union Calendar, Calendar No. 627.
- Jul 10, 2018Mr. Huizenga moved to suspend the rules and pass the bill.
- Jul 10, 2018Considered under suspension of the rules. (consideration: CR H5997-5998)
- Jul 10, 2018DEBATE - The House proceeded with forty minutes of debate on H.R. 6139.
- Jul 10, 2018Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H5997)
- Jul 10, 2018Motion to reconsider laid on the table Agreed to without objection.
- Jun 21, 2018Committee Consideration and Mark-up Session Held.
- Jun 21, 2018Ordered to be Reported by the Yeas and Nays: 58 - 0.
- Jun 19, 2018Introduced in House
- Jun 19, 2018Referred to the House Committee on Financial Services.
In the Congressional Record 1
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| House | Debate and remarks H5997, H5998Text printed H5997 | Bill Huizenga R-MI, Maxine Waters D-CA | Jul 10, 2018 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Congressional Budget Office cost estimate
- Jul 18, 2018H.R. 6139, Improving Investment Research for Small and Emerging Issuers ActAs passed by the U.S. House of Representatives on July 10, 2018
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 164, no. 102, June 19, 2018, page H5285.
CRS reports 1
Congressional Research Service work that CRS links to this bill or the law it became, newest first.
Cite it 1
Products on other subjects that cite it, usually among other measures.
| Product | Title | Kind | Published |
|---|---|---|---|
| R45308 | JOBS and Investor Confidence Act (House-Amended S. 488): Capital Markets Provisions Archived | Report | Sep 7, 2018 |
Related bills 3
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 488 | Encouraging Employee Ownership Act | Related bill | Jul 18, 2018 |
| HR 2919 | Improving Investment Research for Small and Emerging Issuers Act | Reintroduced Bill | Jul 10, 2019 |
| S 3578 | Improving Investment Research for Small and Emerging Issuers Act | Related bill | Oct 11, 2018 |
Titles 4
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To require the Securities and Exchange Commission to carry out a study to evaluate the issues affecting the provision of and reliance upon investment research into small issuers.
- Short Titles as Introduced
- Improving Investment Research for Small and Emerging Issuers Act
- Short Titles as Reported to House
- Improving Investment Research for Small and Emerging Issuers Act
- Short Titles as Passed House
- Improving Investment Research for Small and Emerging Issuers Act
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 4
Each version as it was printed, newest first.
- Jul 11, 2018Referred in Senate
- Jul 10, 2018Engrossed in House
- Jul 10, 2018Reported in House
- Jun 19, 2018Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
