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Easier Reporting for Company Acquisitions and Dispositions

This bill aims to simplify how companies calculate their market value when reporting large transactions. It allows companies to include all their shares, potentially reducing the number of required, costly financial statements. Citizens might indirectly benefit from reduced regulatory burdens on companies, which could foster market stability.
Key points
Companies can now include all types of their shares (common, preferred) when assessing the size of transactions.
The change aims to avoid unnecessary, costly financial reports for transactions that are not truly significant.
This could lead to reduced administrative burdens for publicly traded companies.
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Expired
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Additional Information
Print number: 117_HR_9551
Sponsor: Rep. Hill, J. French [R-AR-2]
Process start date: 2022-12-14
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

To permit an issuer, when determining the market capitalization of the issuer for purposes of testing the significance of an acquisition or disposition, to include the value of all shares of the issuer.

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_9551.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2022-12-14.

What are the main provisions?

Key points include:

  • Companies can now include all types of their shares (common, preferred) when assessing the size of transactions.
  • The change aims to avoid unnecessary, costly financial reports for transactions that are not truly significant.
  • This could lead to reduced administrative burdens for publicly traded companies.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Hill, J. French [R-AR-2].

What is the latest detailed status?

The latest detailed status is: Referred to the House Committee on Financial Services.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy