HR3078-118

Introduced

To amend the Securities Exchange Act of 1934 to require disclosure of payments for settlements of disputes regarding sexual abuse and certain types of harassment and discrimination, and for other purposes.

118th Congress Introduced May 2, 2023

Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.

Summary

What This Bill Does

The bill requires disclosure of payments for settlements of disputes regarding sexual abuse and certain types of harassment and discrimination Section 13 of the Securities Exchange Act of 1934 (15 U.S.C. It relies on definition changes, reporting requirements, compliance mandates, and procurement rules. The main policy areas are Native American Tribes, Finance, and Civil Rights.

Who Benefits and How

Public beneficiaries or protected communities affected by the clause could face reduced risk.

Who Bears the Burden and How

Federal, state, or local agencies responsible for implementing the clause would take on compliance duties, Tribal governments and members affected by the bill would take on compliance duties, and Financial services firms and customers affected by the bill would take on compliance duties.

Key Provisions

  • Requires disclosure of payments for settlements of disputes regarding sexual abuse and certain types of harassment and discrimination Section 13 of the Securities Exchange Act of 1934 (15 U.S.C.

Evidence Chain:

This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.

At a Glance

What This Bill Does

The bill requires disclosure of payments for settlements of disputes regarding sexual abuse and certain types of harassment and discrimination Section 13 of the Securities Exchange Act of 1934 (15 U.S.C.

Key Policy Areas

Native American Tribes, Finance, Civil Rights

Primary Purpose

The bill requires disclosure of payments for settlements of disputes regarding sexual abuse and certain types of harassment and discrimination Section 13 of the Securities Exchange Act of 1934 (15 U.S.C.

Policy Domains

Native American Tribes Finance Civil Rights

Whole bill

Identified Gains
  • Public beneficiaries or protected communities affected by the clause
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Public beneficiaries or protected communities affected by the clause:
Identified Costs
  • Federal, state, or local agencies responsible for implementing the clause
  • Tribal governments and members affected by the bill
  • Financial services firms and customers affected by the bill
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: ih
Tribal governments and members affected by the bill:
Financial services firms and customers affected by the bill:
Federal, state, or local agencies responsible for implementing the clause:

Legislative Progress

Introduced
Introduced Committee Passed
May 2, 2023

Ms. Williams of Georgia (for herself, Ms. Norton, Ms. Jayapal, …

Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Native American Tribes Finance Civil Rights

We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.

Learn more about our methodology