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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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Additional Information
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.
Print number: HR 9551
Sponsor: Rep. Hill, J. French [R-AR-2]
Process start date: 2022-12-14