HR8239-118

Introduced

To improve the consideration by the Securities and Exchange Commission of the costs and benefits of regulations and orders of the Commission.

118th Congress Introduced May 2, 2024

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, To improve the consideration by the Securities and Exchange Commission of the costs and benefits of regulations and orders of the Commission., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Transportation.

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 HE1A201EFDA7242EBB10761F68FA4D004: 1. Short title This Act may be cited as the SEC Regulatory Accountability Act.
  • Section HE75E72D74D0248FEB370C86B702203EB: 2. Consideration by the Securities and Exchange Commission of the costs and benefits of regulations and certain other agency actions of the Commission Section...
  • Section H14481D9B6C2048D78C3BE1EEE9EFADE3: 3. Sense of Congress relating to other regulatory entities It is the sense of the Congress that the Public Company Accounting Oversight Board should also...
  • Section HC3F342184D9548E3A1F09187767BC498: 4. Accountability provision relating to other regulatory entities A rule adopted by the Municipal Securities Rulemaking Board or any national securities...

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, To improve the consideration by the Securities and Exchange Commission of the costs and benefits of regulations and orders of the Commission., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Government Operations, Transportation

Primary Purpose

This bill, To improve the consideration by the Securities and Exchange Commission of the costs and benefits of regulations and orders of the Commission., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Government Operations Transportation

Whole bill

Identified Gains
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
financial institutions, investors, and borrowers: ,
Identified Costs
  • federal implementing agencies
  • financial institutions, investors, and borrowers
Model: codex-gpt-5 | Version: bill_summary_v2 | Source: ih
federal implementing agencies: ,
financial institutions, investors, and borrowers: ,

Legislative Progress

Introduced
Introduced Committee Passed
May 2, 2024

Mrs. Wagner (for herself, Mr. Garbarino, Mr. Nunn of Iowa, …

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
Finance Government Operations Transportation
Actor Mappings
"the_commission"
→ The commission identified in the operative section

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