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    <number>3032</number>
    <updateDate>2023-01-11T13:29:29Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:29:29Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2015-07-10</introducedDate>
    <congress>114</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 161, Number 107 (Friday, July 10, 2015)]From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Ms. SINEMA:H.R. 3032.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 3; Article I, Section 8,Clause 18____________________[Page H5089]</pre>]]></constitutionalAuthorityStatementText>
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        <chamber>Senate</chamber>
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        <citation>H. Rept. 114-337</citation>
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        <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <text>On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H8219)</text>
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        <text>DEBATE - The House proceeded with forty minutes of debate on H.R. 3032.</text>
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        <text>Mr. Hensarling moved to suspend the rules and pass the bill.</text>
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        <text>Placed on the Union Calendar, Calendar No. 258.</text>
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        <text>Reported by the Committee on Financial Services. H. Rept. 114-337.</text>
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        <text>Reported by the Committee on Financial Services. H. Rept. 114-337.</text>
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        <text>Ordered to be Reported by the Yeas and Nays: 58 - 0.</text>
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        <text>Committee Consideration and Mark-up Session Held.</text>
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        <text>Committee Consideration and Mark-up Session Held.</text>
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        <text>Referred to the House Committee on Financial Services.</text>
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    <sponsors>
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        <bioguideId>S001191</bioguideId>
        <fullName>Rep. Sinema, Kyrsten [D-AZ-9]</fullName>
        <firstName>Kyrsten</firstName>
        <lastName>Sinema</lastName>
        <party>D</party>
        <state>AZ</state>
        <district>9</district>
        <isByRequest>N</isByRequest>
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    </sponsors>
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        <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>2015-07-10</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>K000380</bioguideId>
        <fullName>Rep. Kildee, Daniel T. [D-MI-5]</fullName>
        <firstName>Daniel</firstName>
        <lastName>Kildee</lastName>
        <party>D</party>
        <state>MI</state>
        <middleName>T.</middleName>
        <district>5</district>
        <sponsorshipDate>2015-10-27</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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    <cboCostEstimates>
      <item>
        <pubDate>2015-08-21T19:04:18Z</pubDate>
        <title>H.R. 3032, Securities and Exchange Commission Reporting Modernization Act</title>
        <url>https://www.cbo.gov/publication/50749</url>
        <description>As ordered reported by the House Committee on Financial Services on July 29,&amp;nbsp;2015</description>
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    <policyArea>
      <name>Finance and Financial Sector</name>
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          <name>Bank accounts, deposits, capital</name>
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          <name>Banking and financial institutions regulation</name>
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          <name>Congressional oversight</name>
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        <name>Finance and Financial Sector</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2015-07-10</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2016-03-01T21:15:32Z</updateDate>
        <text><![CDATA[ <p> <b>Securities and Exchange Commission Reporting Modernization Act</b></p> <p>This bill amends the Securities Exchange Act of 1934 to repeal the requirement that the Securities and Exchange Commission (SEC) compile an annual tabulation of the occasions on which it used specified law, including the Right to Financial Privacy Act of 1978, to obtain access to financial records of a customer and include it in its annual report to the Congress.</p> <p>(The specified law referred to is the authority of the SEC to gain access to and obtain copies of, or the information contained in, financial records of a customer from a financial institution without prior notice to the customer upon an ex parte showing to an appropriate U.S. district court that the SEC seeks such records pursuant to a subpena, if certain circumstances exist and certain requirements are met.)</p>]]></text>
      </summary>
      <summary>
        <versionCode>81</versionCode>
        <actionDate>2015-11-16</actionDate>
        <actionDesc>Passed House without amendment</actionDesc>
        <updateDate>2016-03-01T21:15:55Z</updateDate>
        <text><![CDATA[ <p>(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)</p> <p><b>Securities and Exchange Commission Reporting Modernization Act</b></p> <p>(Sec. 2) This bill amends the Securities Exchange Act of 1934 to repeal the requirement that the Securities and Exchange Commission (SEC) compile an annual tabulation of the occasions on which it has used specified law, including the Right to Financial Privacy Act of 1978, to obtain access to financial records of a customer and include it in its annual report to the Congress.</p> <p>(The specified law referred to is the authority of the SEC to gain access to and obtain copies of, or the information contained in, financial records of a customer from a financial institution without prior notice to the customer upon an ex parte showing to an appropriate U.S. district court that the SEC seeks such records pursuant to a subpena, if certain circumstances exist and certain requirements are met.)</p>]]></text>
      </summary>
    </summaries>
    <title>Securities and Exchange Commission Reporting Modernization Act</title>
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        <titleType>Display Title</titleType>
        <title>Securities and Exchange Commission Reporting Modernization Act</title>
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        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Securities Exchange Act of 1934 to repeal a certain reporting requirement of the Securities and Exchange Commission.</title>
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        <title>Securities and Exchange Commission Reporting Modernization Act</title>
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        <title>Securities and Exchange Commission Reporting Modernization Act</title>
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        <date>2015-11-17T05:00:00Z</date>
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        <date>2015-11-16T05:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-114hr3032eh/xml/BILLS-114hr3032eh.xml</url>
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      <actionDate>2015-11-17</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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    <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>
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