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      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 169, Number 105 (Thursday, June 15, 2023)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. HUIZENGA:H.R. 4168.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8 of the United States ConstitutionThe single subject of this legislation is:To amend the Securities and Exchange Act of 1933 to requirethat information required to be disclosed to the Securitiesand Exchange Commission by issuers be material to voting orinvestment decisions regarding those issuers.[Page H2960]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <title>Mandatory Materiality Requirement Act of 2023</title>
        <congress>118</congress>
        <number>2005</number>
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          <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <fullName>Rep. Huizenga, Bill [R-MI-4]</fullName>
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        <state>MI</state>
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        <fullName>Rep. Barr, Andy [R-KY-6]</fullName>
        <firstName>Andy</firstName>
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        <state>KY</state>
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          <text>&lt;p&gt;&lt;b&gt;Mandatory Materiality Requirement Act of 2023&lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill requires the Securities and Exchange Commission (SEC) to limit issuer disclosure requirements made in a rulemaking. Specifically, the SEC must provide that an issuer of securities is only required to disclose information in response to a rulemaking if the issuer determines that this information is important to a voting or investment decision regarding the issuer.&lt;/p&gt;</text>
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    <title>Mandatory Materiality Requirement Act of 2023</title>
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        <title>Mandatory Materiality Requirement Act of 2023</title>
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        <title>Mandatory Materiality Requirement Act of 2023</title>
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        <title>To amend the Securities Act of 1933 to require that information required to be disclosed to the Securities and Exchange Commission by issuers be material to voting or investment decisions regarding those issuers, and for other purposes.</title>
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    <latestAction>
      <actionDate>2023-06-15</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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