H.R.78: SEC Regulatory Accountability Act

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Bill Summary

SEC Regulatory Accountability Act (Sec. 2) This bill amends the Securities Exchange Act of 1934 to direct the Securities and Exchange Commission (SEC) to: before issuing a regulation under the securities laws, identify the nature and source of the problem that the proposed regulation is designed to address; adopt a regulation only upon a reasoned determination that its benefits justify its costs; identify and assess available alternatives...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 14 statements associated with H.R.78.

Bill Actions

Date Description
Jan. 17, 2017
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan. 12, 2017
Motion to reconsider laid on the table Agreed to without objection.
Jan. 12, 2017

On passage Passed by recorded vote: 243 - 184 (Roll no. 51).

Jan. 12, 2017

On motion to recommit with instructions Failed by recorded vote: 195 - 232 (Roll no. 50).

Jan. 12, 2017
The previous question on the motion to recommit with instructions was ordered without objection.
Jan. 12, 2017
Floor summary: DEBATE - The House proceeded with 10 minutes of debate on the Bustos motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment pertaining to consideration of the potential outsourcing of U.S. Jobs.
Jan. 12, 2017
Mrs. Bustos moved to recommit with instructions to the Committee on Financial Services. (text: CR H446)
Jan. 12, 2017
The House adopted the amendment as agreed to by the Committee of the Whole House on the state of the Union.
Jan. 12, 2017
The previous question was ordered pursuant to the rule.
Jan. 12, 2017
The House rose from the Committee of the Whole House on the state of the Union to report H.R. 78.
Jan. 12, 2017
POSTPONED PROCEEDINGS - At the conclusion of debate on the Raskin amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Mr. Raskin demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
Jan. 12, 2017
DEBATE - Pursuant to the provisions of H. Res. 40, the Committee of the Whole proceeded with 10 minutes of debate on the Raskin Part A amendment No. 5.
Jan. 12, 2017
POSTPONED PROCEEDINGS - At the conclusion of debate on the DeSaulnier amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Mr. DeSaulnier demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
Jan. 12, 2017
DEBATE - Pursuant to the provisions of H. Res. 40, the Committee of the Whole proceeded with 10 minutes of debate on the DeSaulnier Part A amendment No. 4.
Jan. 12, 2017
POSTPONED PROCEEDINGS - At the conclusion of debate on the Al Green (TX) amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Mr. Al Green (TX) demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
Jan. 12, 2017
DEBATE - Pursuant to the provisions of H. Res. 40, the Committee of the Whole proceeded with 10 minutes of debate on the Al Green (TX) Part A amendment No. 3.
Jan. 12, 2017
DEBATE - Pursuant to the provisions of H. Res. 40, the Committee of the Whole proceeded with 10 minutes of debate on the Velazquez Part A amendment No. 2.
Jan. 12, 2017
DEBATE - Pursuant to the provisions of H. Res. 40, the Committee of the Whole proceeded with 10 minutes of debate on the Al Green (TX) Part A amendment No. 1.
Jan. 12, 2017
GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 78.
Jan. 12, 2017
The Speaker designated the Honorable Tom McClintock to act as Chairman of the Committee.
Jan. 12, 2017
House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 40 and Rule XVIII.
Jan. 12, 2017
Rule provides for consideration of H.R. 78 and H.R. 238. The resolution provides for one hour of general debate on both H.R. 78 and H.R. 238. The resolution provides for suspension authority at any time on the legislative day of January 13, 2017. The resolution also provides for legislative proceedings during the period of January 16, 2017 through January 20, 2017.
Jan. 12, 2017
Considered under the provisions of rule H. Res. 40. (consideration: CR H428-448; text as reported in House: CR H437-438)
Jan. 10, 2017
Rules Committee Resolution H. Res. 40 Reported to House. Rule provides for consideration of H.R. 78 and H.R. 238. The resolution provides for one hour of general debate on both H.R. 78 and H.R. 238. The resolution provides for suspension authority at any time on the legislative day of January 13, 2017. The resolution also provides for legislative proceedings during the period of January 16, 2017 through January 20, 2017.
Jan. 3, 2017
Referred to the House Committee on Financial Services.
Jan. 3, 2017

Introduced in the House by Ann Wagner (R-Mo.)

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