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H.R. 5054 (115th): Small Company Disclosure Simplification Act of 2018

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To provide an exemption for emerging growth companies and other smaller companies from the requirements to use Extensible Business Reporting Language (XBRL) for financial statements and other periodic reporting, and for other purposes.

The bill’s titles are written by its sponsor.

Sponsor and status

David Kustoff

Sponsor. Representative for Tennessee's 8th congressional district. Republican.

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Last Updated: Dec 21, 2018
Length: 8 pages
Introduced
Feb 15, 2018
115th Congress, 2017–2019
Status
Died in a previous Congress

This bill was introduced on June 7, 2018, in a previous session of Congress, but was not enacted.

Source

History

Feb 15, 2018
 
Introduced

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

Jun 7, 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.

Dec 21, 2018
 
Reported by House Committee on Financial Services

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

H.R. 5054 (115th) was 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.

This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. Legislation not enacted by the end of a Congress is cleared from the books.

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“H.R. 5054 — 115th Congress: Small Company Disclosure Simplification Act of 2018.” www.GovTrack.us. 2018. October 23, 2019 <https://www.govtrack.us/congress/bills/115/hr5054>

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