H.R.5054: Small Company Disclosure Simplification Act of 2018

About This Bill

  • Introduced Feb. 15, 2018
  • Latest Major Action Dec. 21, 2018

Bill Versions

Bill Summary

Small Company Disclosure Simplification Act of 2018 This bill exempts from requirements to use Extensible Business Reporting Language (XBRL) for Securities and Exchange Commission (SEC) filings: (1) emerging growth companies (in general, newly public companies with revenues below a specified threshold); and (2) on a temporary basis, certain other smaller companies. The SEC must conduct an analysis of the costs and benefits of XBRL...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with H.R.5054.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.5054.

Bill Actions

Date Description
Dec. 21, 2018
Placed on the Union Calendar, Calendar No. 846.
Dec. 21, 2018
Reported by the Committee on Financial Services. H. Rept. 115-1094.
June 7, 2018
Ordered to be Reported by the Yeas and Nays: 32 - 23.
June 7, 2018
Committee Consideration and Mark-up Session Held.
Feb. 15, 2018
Referred to the House Committee on Financial Services.
Feb. 15, 2018

Introduced in the House by David Kustoff (R-Tenn.)

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