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H.R. 78 (115th): 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

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
115th Congress, 2017–2019
Status
Died in a previous Congress

This bill was introduced in a previous session of Congress and was passed by the House on January 12, 2017 but was never passed by the Senate.

Source

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.

Jan 12, 2017
 
Passed House (Senate next)

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

H.R. 78 (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. 78 — 115th Congress: SEC Regulatory Accountability Act.” www.GovTrack.us. 2017. February 17, 2020 <https://www.govtrack.us/congress/bills/115/hr78>

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