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- H.R.1965
H.R.1965: To amend the securities laws to establish certain thresholds for shareholder registration, and for other purposes.
About This Bill
- This bill was introduced in the 112th Congress
- This bill is primarily about finance and financial sector
- Introduced May 24, 2011
- Latest Major Action Nov. 7, 2011
Bill Sponsor
Bill Cosponsors
18 (6 Democrats, 12 Republicans)
Bill Summary
Amends the Securities Exchange Act of 1934 to increase from $1 million to $10 million the shareholder registration threshold for an issuer of securities. Requires an issuer that is either a bank or a bank holding company to register a security with the Securities and Exchange Commission (SEC) if its assets exceed $10 million and include a certain class of equity security held of record by 2,000 or more persons. Requires termination of a...
(Source: Library of Congress)
Congressional Budget Office Estimate
Bill Actions
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
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Subcommittee Hearings Held.
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Subcommittee Consideration and Mark-up Session Held.
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Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .
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Committee Consideration and Mark-up Session Held.
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Ordered to be Reported by Voice Vote.
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Mr. Schweikert moved to suspend the rules and pass the bill, as amended.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate on H.R. 1965.
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At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
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Considered as unfinished business.
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On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 420 - 2 (Roll no. 819).
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Motion to reconsider laid on the table Agreed to without objection.
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Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
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Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 223.
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| May 24, 2011 |
Introduced in the House by Jim Himes (D-Conn.) |