Protecting Private Job Creators Act
Latest action · Jan 25, 2024 Referred to the House Committee on Financial Services.
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.
- IntroducedJan 25, 2024
- Passed HouseNot reached
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Protecting Private Job Creators Act
This bill provides statutory authority for an exemption from specified disclosure requirements applicable to fixed-income securities (e.g., corporate bonds or a certificate of deposit).
Under current securities regulations, brokers and dealers are generally prohibited from publishing securities quotations (i.e., the sale price) in over-the-counter (i.e., not on a national exchange) markets unless they have certain information about the securities issuer in their records. In October 2023, the Securities and Exchange Commission issued an order granting an exemption to this rule to fixed-income securities that comply with specified safe-harbor rules. The bill provides statutory authority for this exemption.
Cosponsors 8
Members who signed on, in the order they did. Signatures ran from Jan 25, 2024 to Jan 29, 2024, with 6 there on the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-GA | Barry Loudermilk | Original | Jan 25, 2024 |
| R-PA | Daniel Meuser | Original | Jan 25, 2024 |
| R-AR | J. French Hill | Original | Jan 25, 2024 |
| R-TX | Pete Sessions | Original | Jan 25, 2024 |
| R-TX | Roger Williams | Original | Jan 25, 2024 |
| R-WI | Scott Fitzgerald | Original | Jan 25, 2024 |
| R-TN | Andrew Ogles | Jan 29, 2024 | |
| R-SC | William R. Timmons IV | Jan 29, 2024 |
Actions 2
Everything that happened, newest first.
- Jan 25, 2024Introduced in House
- Jan 25, 2024Referred to the House Committee on Financial Services.
Related bills 1
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 3676 | Protecting Private Job Creators Act | Related bill | Jan 25, 2024 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 1
Each version as it was printed, newest first.
- Jan 25, 2024Introduced 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.