US Congress House Bill 5054 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 15 2018 - 25% progression, died in chamber
Action: 2018-12-21 - Placed on the Union Calendar, Calendar No. 846.
Text: Latest bill text (Introduced) [PDF]

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 requirements with respect to such companies. The SEC must report to Congress on the results of its analysis and other specified issues related to XBRL usage.

Small Company Disclosure Simplification Act of 2018

Rep. David Kustoff [R-TN]

Date	Chamber	Action
2018-12-21	House	Placed on the Union Calendar, Calendar No. 846.
2018-12-21	House	Reported by the Committee on Financial Services. H. Rept. 115-1094.
2018-06-07	House	Ordered to be Reported by the Yeas and Nays: 32 - 23.
2018-06-07	House	Committee Consideration and Mark-up Session Held.
2018-02-15	House	Referred to the House Committee on Financial Services.
2018-02-15	House	Introduced in House

HB10 (Related) 2017-07-13 - Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/5054/all-info
Text	https://www.congress.gov/115/bills/hr5054/BILLS-115hr5054ih.pdf
Text	https://www.congress.gov/115/bills/hr5054/BILLS-115hr5054rh.pdf