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    <number>4571</number>
    <updateDate>2023-01-11T13:26:31Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:26:31Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2014-05-06</introducedDate>
    <congress>113</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. HULTGREN:H.R. 4571.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3, as this legislationregulates commerce between the states.Article I, Section 8, Clause 18, providing Congress withthe authority to enact legislation necessary to execute oneof its enumerated powers, such as Article I, Section 8,Clause 3.[Page H3447]</pre>]]></constitutionalAuthorityStatementText>
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        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <systemCode>hsba16</systemCode>
            <name>Capital Markets Subcommittee</name>
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                <name>Hearings by</name>
                <date>2014-04-09T20:52:27Z</date>
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            <name>Markup by</name>
            <date>2014-05-22T15:49:55Z</date>
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          <item>
            <name>Referred to</name>
            <date>2014-05-06T16:02:25Z</date>
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      <item>
        <title>Promoting Job Creation and Reducing Small Business Burdens Act</title>
        <congress>113</congress>
        <number>5405</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2014-09-17</actionDate>
          <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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            <identifiedBy>CRS</identifiedBy>
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        <actionDate>2014-05-22</actionDate>
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            <name>Financial Services Committee</name>
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        <text>Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 23.</text>
        <type>Committee</type>
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        <actionDate>2014-05-22</actionDate>
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        <text>Committee Consideration and Mark-up Session Held.</text>
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        <actionDate>2014-05-06</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <text>Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.</text>
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    <sponsors>
      <item>
        <bioguideId>H001059</bioguideId>
        <fullName>Rep. Hultgren, Randy [R-IL-14]</fullName>
        <firstName>Randy</firstName>
        <lastName>Hultgren</lastName>
        <party>R</party>
        <state>IL</state>
        <district>14</district>
        <isByRequest>N</isByRequest>
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    <cosponsors>
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        <bioguideId>B000013</bioguideId>
        <fullName>Rep. Bachus, Spencer [R-AL-6]</fullName>
        <firstName>SPENCER</firstName>
        <lastName>BACHUS</lastName>
        <party>R</party>
        <state>AL</state>
        <district>6</district>
        <sponsorshipDate>2014-05-21</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <item>
        <bioguideId>F000451</bioguideId>
        <fullName>Rep. Fitzpatrick, Michael G. [R-PA-8]</fullName>
        <firstName>Michael</firstName>
        <lastName>Fitzpatrick</lastName>
        <party>R</party>
        <state>PA</state>
        <middleName>G.</middleName>
        <district>8</district>
        <sponsorshipDate>2014-05-21</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000548</bioguideId>
        <fullName>Rep. Garrett, Scott [R-NJ-5]</fullName>
        <firstName>Scott</firstName>
        <lastName>Garrett</lastName>
        <party>R</party>
        <state>NJ</state>
        <district>5</district>
        <sponsorshipDate>2014-05-21</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H001060</bioguideId>
        <fullName>Rep. Hurt, Robert [R-VA-5]</fullName>
        <firstName>Robert</firstName>
        <lastName>Hurt</lastName>
        <party>R</party>
        <state>VA</state>
        <district>5</district>
        <sponsorshipDate>2014-05-21</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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      <item>
        <bioguideId>M001182</bioguideId>
        <fullName>Rep. Mulvaney, Mick [R-SC-5]</fullName>
        <firstName>Mick</firstName>
        <lastName>Mulvaney</lastName>
        <party>R</party>
        <state>SC</state>
        <district>5</district>
        <sponsorshipDate>2014-05-21</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>R000593</bioguideId>
        <fullName>Rep. Ross, Dennis A. [R-FL-15]</fullName>
        <firstName>Dennis</firstName>
        <lastName>Ross</lastName>
        <party>R</party>
        <state>FL</state>
        <middleName>A.</middleName>
        <district>15</district>
        <sponsorshipDate>2014-05-21</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001187</bioguideId>
        <fullName>Rep. Stivers, Steve [R-OH-15]</fullName>
        <firstName>Steve</firstName>
        <lastName>Stivers</lastName>
        <party>R</party>
        <state>OH</state>
        <district>15</district>
        <sponsorshipDate>2014-05-21</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000598</bioguideId>
        <fullName>Rep. Polis, Jared [D-CO-2]</fullName>
        <firstName>Jared</firstName>
        <lastName>Polis</lastName>
        <party>D</party>
        <state>CO</state>
        <district>2</district>
        <sponsorshipDate>2014-07-18</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Administrative law and regulatory procedures</name>
        </item>
        <item>
          <name>Business records</name>
        </item>
        <item>
          <name>Corporate finance and management</name>
        </item>
        <item>
          <name>Financial services and investments</name>
        </item>
        <item>
          <name>Inflation and prices</name>
        </item>
        <item>
          <name>Securities</name>
        </item>
        <item>
          <name>Securities and Exchange Commission (SEC)</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2014-05-06</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2014-07-18T20:59:31Z</updateDate>
        <text><![CDATA[ <p> Directs the Securities and Exchange Commission (SEC) to revise regulations to require an issuer to furnish investors with additional specified disclosures regarding compensatory benefit plans if the aggregate sales price or amount of securities sold during any consecutive 12-month period exceeds $20 million (currently $5 million). </p> <p>Directs the SEC to index that aggregate sales price or amount for inflation every 5 years.</p>]]></text>
      </summary>
    </summaries>
    <title>To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans.</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans.</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To direct the Securities and Exchange Commission to revise its rules so as to increase the threshold amount for requiring issuers to provide certain disclosures relating to compensatory benefit plans.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
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        <type>Introduced in House</type>
        <date>2014-05-06T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-113hr4571ih/xml/BILLS-113hr4571ih.xml</url>
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    <latestAction>
      <actionDate>2014-05-22</actionDate>
      <text>Ordered to be Reported (Amended) by the Yeas and Nays: 36 - 23.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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