[Congressional Bills 117th Congress]
[From the U.S. Government Publishing Office]
[S. 3919 Introduced in Senate (IS)]

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117th CONGRESS
  2d Session
                                S. 3919

To amend the Securities Exchange Act of 1934 to provide that an issuer 
 that is required to file certain quarterly reports may elect to file 
                      those reports semiannually.


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                   IN THE SENATE OF THE UNITED STATES

                             March 24, 2022

  Mr. Tillis introduced the following bill; which was read twice and 
    referred to the Committee on Banking, Housing, and Urban Affairs

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                                 A BILL


 
To amend the Securities Exchange Act of 1934 to provide that an issuer 
 that is required to file certain quarterly reports may elect to file 
                      those reports semiannually.

    Be it enacted by the Senate and House of Representatives of the 
United States of America in Congress assembled,

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Reporting Requirements Reduction Act 
of 2022''.

SEC. 2. SEMIANNUAL REPORTS.

    Section 13 of the Securities Exchange Act of 1934 (15 U.S.C. 78m) 
is amended by adding at the end the following:
    ``(s) Issuer Election.--With respect to any report that, under this 
section, or under a rule issued under this section, an issuer is 
required to file on a quarterly basis, the issuer may elect to instead 
file the report on a semiannual basis.''.
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