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Streamlining Company Reporting: Repeal of Certain Disclosure Requirements

This bill amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal provisions requiring non-material disclosure. Specifically, it eliminates requirements for reporting executive pay versus performance and repeals sections regarding conflict minerals, mine safety, and payments to governments.
Key points
Eliminates the requirement for companies to disclose executive pay versus performance.
Repeals sections 1502 (conflict minerals), 1503 (mine safety), and 1504 (payments to governments) of the Dodd-Frank Act.
Prohibits the Securities and Exchange Commission (SEC) from promulgating rules substantially similar to those repealed.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_S_3923
Sponsor: Sen. Cramer, Kevin [R-ND]
Process start date: 2022-03-24
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Source data: api.congress.gov
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OFFICIAL LEGAL TITLE

Dodd-Frank Material Disclosure Improvement Act

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_S_3923.

Which chamber initiated this legislation?

This legislation was initiated in the Senate.

When did the legislative process begin?

The process officially started on 2022-03-24.

What are the main provisions?

Key points include:

  • Eliminates the requirement for companies to disclose executive pay versus performance.
  • Repeals sections 1502 (conflict minerals), 1503 (mine safety), and 1504 (payments to governments) of the Dodd-Frank Act.
  • Prohibits the Securities and Exchange Commission (SEC) from promulgating rules substantially similar to those repealed.
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 Sen. Cramer, Kevin [R-ND].

What is the latest detailed status?

The latest detailed status is: Introduced in Senate

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2026-01-02.

CATEGORIES

Economy