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H.R. 4738: Mutual Fund Litigation Reform Act

To amend the Investment Company Act of 1940 to provide complaint and burden of proof requirements for certain actions for breach of fiduciary duty.

The bill’s titles are written by its sponsor.

Sponsor and status

Tom Emmer

Sponsor. Representative for Minnesota's 6th congressional district. Republican.

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Last Updated: Jan 8, 2018
Length: 2 pages

Jan 8, 2018


Ordered Reported on Jan 18, 2018

The committees assigned to this bill sent it to the House or Senate as a whole for consideration on January 18, 2018.


14% chance of being enacted according to Skopos Labs (details)


Jan 8, 2018

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Jan 17, 2018
Considered by House Committee on Financial Services

A committee held a hearing or business meeting about the bill.

Jan 18, 2018
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Passed House (Senate next)

Passed Senate

Signed by the President

H.R. 4738 is a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 4738 — 115th Congress: Mutual Fund Litigation Reform Act.” 2018. March 22, 2018 <>

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