Financial Disclosure Modernization Act
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
This bill, Financial Disclosure Modernization Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Transportation, Housing.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H0742AD60E7474AC99DF16CC7AF881AC7: 1. Short title This Act may be cited as the Financial Disclosure Modernization Act.
- Section H8451443EA95041EEA565E77EC722CC16: 2. Dividends, rents, interest, and capital gains Section 13104(a)(1)(B) of title 5, United States Code, is amended— in clause (viii), by striking or; and by...
- Section H8F7CC84DC56145CCA31C2ACB99299DC4: 3. Categories for reporting amounts or values Section 13104(d)(1) of title 5, United States Code, is amended— in subparagraph (I), by striking and; and by...
- Section H40AE3A28A40C4459A7B2C6CF2066D786: 4. Effective date The amendments made by this Act shall apply with respect to financial disclosure reports under chapter 131 of title 5, United States Code,...
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
This bill, Financial Disclosure Modernization Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Transportation, Housing
Primary Purpose
This bill, Financial Disclosure Modernization Act, changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
In CommitteeReferred to the Committee on Oversight and Government Reform, and …
Introduced in House
Mr. Min (for himself, Ms. Norton, Ms. Dexter, and Mr. …
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?
- "federal_implementing_agencies"
- → Federal agencies assigned duties by the bill
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