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    <number>5596</number>
    <updateDate>2023-01-11T13:32:43Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:32:43Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <type>HR</type>
    <introducedDate>2016-06-28</introducedDate>
    <congress>114</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>[Congressional Record Volume 162, Number 104 (Tuesday, June 28, 2016)]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. 5596.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 18: To make all Laws whichshall be necessary and proper for carrying into Execution theforegoing Powers, and all other Powers vested by thisConstitution in the Government of the United States, or inany Department or Officer thereof.[Page H4187]</pre>]]></constitutionalAuthorityStatementText>
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        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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            <name>Referred to</name>
            <date>2016-06-28T21:02:50Z</date>
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    <relatedBills>
      <item>
        <title>Financial CHOICE Act of 2016</title>
        <congress>114</congress>
        <number>5983</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2016-12-20</actionDate>
          <text>Placed on the Union Calendar, Calendar No. 693.</text>
        </latestAction>
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            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
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      <item>
        <actionDate>2016-06-28</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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            <name>Financial Services Committee</name>
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        <actionDate>2016-06-28</actionDate>
        <text>Introduced in House</text>
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        <actionDate>2016-06-28</actionDate>
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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>
      </item>
    </sponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
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    <subjects>
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          <name>Securities</name>
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        <item>
          <name>State and local finance</name>
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      <policyArea>
        <name>Finance and Financial Sector</name>
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    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2016-06-28</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2016-10-05T20:08:43Z</updateDate>
        <text><![CDATA[ <p><strong>Municipal Advisor Choice Act</strong></p> <p>This bill amends the Securities Exchange Act of 1934 to provide that an issuer of municipal securities is not required to retain a municipal advisor prior to issuing securities.</p>]]></text>
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    </summaries>
    <title>Municipal Advisor Choice Act</title>
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      <item>
        <titleType>Display Title</titleType>
        <title>Municipal Advisor Choice Act</title>
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        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Securities Exchange Act of 1934 to provide that an issuer of municipal securities is not required to retain a municipal advisor prior to issuing any such securities.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
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        <titleType>Short Titles as Introduced</titleType>
        <title>Municipal Advisor Choice Act</title>
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      <item>
        <type>Introduced in House</type>
        <date>2016-06-28T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-114hr5596ih/xml/BILLS-114hr5596ih.xml</url>
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    <latestAction>
      <actionDate>2016-06-28</actionDate>
      <text>Referred to the House Committee on Financial Services.</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>
    <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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