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H.R. 78: SEC Regulatory Accountability Act

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About the bill

Source: Republican Policy Committee

H.R. 78 replaces guidance adopted by the Securities and Exchange Commission (SEC) in 2012 that currently governs the use of economic analysis in SEC rulemakings. H.R. 78 would require the SEC to identify and assess the significance of problems prior to regulating. The bill further requires the SEC’s Chief Economist to conduct a cost-benefit analysis when the SEC is promulgating regulations (including alternatives) and to provide an explanation describing the decision-making process, including the implications of not regulating. The bill requires the SEC to review existing regulations ...

Sponsor and status

Photo of sponsor Ann Wagner

Ann Wagner

Sponsor. Representative for Missouri's 2nd congressional district. Republican.

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Last Updated: Jan 17, 2017
Length: 12 pages
Introduced:

Jan 3, 2017

Status:

Passed House (Senate next) on Jan 12, 2017

This bill passed in the House on January 12, 2017 and goes to the Senate next for consideration.

Prognosis:

3% chance of being enacted according to Skopos Labs (details)

History

Jan 3, 2017
 
Introduced

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

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Jan 12, 2017
 
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next.

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If this bill has further action, the following steps may occur next:
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Passed Senate

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Signed by the President

H.R. 78 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.

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“H.R. 78 — 115th Congress: SEC Regulatory Accountability Act.” www.GovTrack.us. 2017. November 17, 2018 <https://www.govtrack.us/congress/bills/115/hr78>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.