H.R.3948: Protection of Source Code Act

About This Bill

  • Introduced Oct. 4, 2017
  • Latest Major Action Feb. 8, 2018

Bill Sponsor

Bill Versions

Bill Summary

Protection of Source Code Act This bill amends the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940 to specify that the Securities and Exchange Commission may not compel a person to produce a source code or similar intellectual property that forms the basis for design of the source code without first issuing a subpoena.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.3948.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.3948.

Bill Actions

Date Description
Feb. 8, 2018
Placed on the Union Calendar, Calendar No. 412.
Feb. 8, 2018
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-549.
Oct. 12, 2017
Ordered to be Reported (Amended) by the Yeas and Nays: 46 - 14.
Oct. 12, 2017
Committee Consideration and Mark-up Session Held.
Oct. 11, 2017
Committee Consideration and Mark-up Session Held.
Oct. 4, 2017
Referred to the House Committee on Financial Services.
Oct. 4, 2017

Introduced in the House by Sean Duffy (R-Wis.)

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