3.0.0 2497 2025-05-27T14:16:45Z 2025-05-27T14:16:45Z House H HR 2023-04-06 118 <pre>[Congressional Record Volume 169, Number 60 (Thursday, April 6, 2023)][House]From the Congressional Record Online through the Government Publishing Office [<a href="https://www.gpo.gov">www.gpo.gov</a>]By Mr. HILL:H.R. 2497.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the United States ConstitutionThe single subject of this legislation is:To permit an issuer, when determining the marketcapitalization of the issuer for purposes of testing thesignificance of an acquisition or disposition, to include thevalue of all shares of the issuer.[Page H1710]</pre> hsba00 Financial Services Committee House Standing Referred To 2023-04-06T15:01:00Z 118 2799 HR 2024-03-11 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS 2023-04-06 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2023-04-06 Introduced in House IntroReferral Intro-H 9 Library of Congress 2023-04-06 Introduced in House IntroReferral 1000 9 Library of Congress H001072 Rep. Hill, J. French [R-AR-2] J. Hill R AR French 2 N Finance and Financial Sector Finance and Financial Sector 2023-04-17T18:45:17Z

00 2023-04-06 Introduced in House 2023-05-05T11:45:31Z <p>This bill expands the information allowed when calculating whether an acquisition or disposition of a subsidiary is significant for purposes of required financial disclosures by publicly traded companies. Currently, an acquisition or disposition is considered significant when the company's investment in the subsidiary is calculated to exceed 10% of the aggregate worldwide market value of the company's voting and non-voting common equity. Under the bill, this market value may additionally include applicable trading value, conversion value, or exchange value of all of the company's outstanding classes of stock, including preferred stock and non-traded common shares that are convertible into or exchangeable for traded common shares.</p>

Display Title 45 2024-07-24T15:22:57Z Official Title as Introduced 6 2024-03-18T20:35:40Z Introduced in House IH Introduced in House 2023-04-06T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-118hr2497ih/xml/BILLS-118hr2497ih.xml 2023-04-06 Referred to the House Committee on Financial Services. text/xml EN 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. Congressional Research Service, Library of Congress 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.