Legis Daily

Prioritizing Information for Investors Act

USA117th CongressHR-3276| House 
| Updated: 5/17/2021
Bill Huizenga

Bill Huizenga

Republican Representative

Michigan

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Prioritizing Information for Investors Act This bill eliminates specified disclosure requirements for publicly traded companies. Specifically, these companies are no longer required to publicly disclose the ratio of median annual employee compensation to the annual compensation of the chief executive officer. In addition, these companies are not required to report on the use of conflict minerals originating from the Democratic Republic of the Congo. (Conflict minerals directly or indirectly finance or benefit armed groups in specified areas.) Finally, the bill eliminates the requirement that companies that extract resources must annually report on payments made by the company to a foreign government or the federal government for the purpose of the commercial development of oil, natural gas, or minerals.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
May 17, 2021
Introduced in House
May 17, 2021
Referred to the House Committee on Financial Services.
  • May 17, 2021
    Introduced in House


  • May 17, 2021
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Prioritizing Information for Investors Act

USA117th CongressHR-3276| House 
| Updated: 5/17/2021
Prioritizing Information for Investors Act This bill eliminates specified disclosure requirements for publicly traded companies. Specifically, these companies are no longer required to publicly disclose the ratio of median annual employee compensation to the annual compensation of the chief executive officer. In addition, these companies are not required to report on the use of conflict minerals originating from the Democratic Republic of the Congo. (Conflict minerals directly or indirectly finance or benefit armed groups in specified areas.) Finally, the bill eliminates the requirement that companies that extract resources must annually report on payments made by the company to a foreign government or the federal government for the purpose of the commercial development of oil, natural gas, or minerals.
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
May 17, 2021
Introduced in House
May 17, 2021
Referred to the House Committee on Financial Services.
  • May 17, 2021
    Introduced in House


  • May 17, 2021
    Referred to the House Committee on Financial Services.
Bill Huizenga

Bill Huizenga

Republican Representative

Michigan

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted