HR8339-118

Reported

To make improvements to the securities laws, and for other purposes.

118th Congress Introduced May 10, 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 make improvements to the securities laws, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Technology.

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 HF9B56F6A791A4549B62479E952E032A1: 1. Short title; table of contents This Act may be cited as the SEC Reform and Restructuring Act. The table of contents for this Act is as follows:
  • Section H1E0F39FA6FEB4540A6DDC053B362536C: 101. Consideration by the Securities and Exchange Commission of the costs and benefits of regulations and certain other agency actions of the Commission...
  • Section H8BC0B048A4494A45A0900A20C06589F6: 102. Accountability provision relating to other regulatory entities A rule adopted by the Municipal Securities Rulemaking Board or any national securities...
  • Section HB0E618E42BBF4D92B46439CA21331BE6: 201. Semiannual testimony to Congress regarding activities of the Securities and Exchange Commission Section 4 of the Securities Exchange Act of 1934 (15...
  • Section H186746686A2141FEA8AC8F571545413C: 301. GAO audit of information technology infrastructure and handling of data The Comptroller General of the United States shall, not later than 1 year after...

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 make improvements to the securities laws, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Key Policy Areas

Finance, Government Operations, Technology

Primary Purpose

This bill, To make improvements to the securities laws, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.

Policy Domains

Finance Government Operations Technology

Whole bill

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

Legislative Progress

Reported
Introduced Committee Passed
Nov 29, 2024

Additional sponsor: Mrs. Houchin

Nov 29, 2024

Reported with an amendment, committed to the Committee of the …

May 10, 2024

Mrs. Wagner introduced the following bill; which was referred to …

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 Technology
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