Cybersecurity Disclosure Act of 2019
Latest action · Dec 8, 2020 Placed on the Union Calendar, Calendar No. 518.
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.
- IntroducedMar 13, 2019
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Cybersecurity Disclosure Act of 2019
This bill directs the Securities and Exchange Commission to issue final rules requiring a registered issuer to
- disclose in its mandatory annual report or annual proxy statement whether any member of its governing body has expertise or experience in cybersecurity; and
- if no member has such expertise or experience, describe what other company cybersecurity aspects were taken into account by the persons responsible for identifying and evaluating nominees for the governing body.
Cosponsors 2
Members who signed on, in the order they did. All signed on Mar 13, 2019.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-WA | Denny Heck | Original | Mar 13, 2019 |
| D-NY | Gregory W. Meeks | Original | Mar 13, 2019 |
Committees 1
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 Mar 13, 2019Markup Dec 11, 2019Reported Dec 8, 2020 |
Actions 7
Everything that happened, newest first.
- Dec 8, 2020Reported (Amended) by the Committee on Financial Services. H. Rept. 116-633.
- Dec 8, 2020Placed on the Union Calendar, Calendar No. 518.
- Dec 11, 2019Committee Consideration and Mark-up Session Held.
- Dec 11, 2019Ordered to be Reported (Amended) by the Yeas and Nays: 32 - 24.
- Dec 10, 2019Committee Consideration and Mark-up Session Held.
- Mar 13, 2019Introduced in House
- Mar 13, 2019Referred to the House Committee on Financial Services.
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
- Feb 21, 2020H.R. 1731, Cybersecurity Disclosure Act of 2019As ordered reported by the House Committee on Financial Services on December 11, 2019
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 165, no. 45, March 13, 2019, page H2718.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 116-3 | OVERSIGHT HEARING ON CLIMATE CHANGE: PREPARING FOR THE ENERGY TRANSITION87 pages | Natural Resources Committee | Feb 12, 2019 |
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 592 | Cybersecurity Disclosure Act of 2019 | Identical bill | Jun 11, 2019 |
Titles 3
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Securities Exchange Act of 1934 to promote transparency in the oversight of cybersecurity risks at publicly traded companies.
- Short Title(s) as Introduced
- Cybersecurity Disclosure Act of 2019
- Short Title(s) as Reported to House
- Cybersecurity Disclosure Act of 2019
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 2
Each version as it was printed, newest first.
- Dec 8, 2020Reported in House
- Mar 13, 2019Introduced 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.
