hyperdemocracy/usc-billstatus huggingface dataset:
Equal Opportunity for all Investors Act

Bill: 117-s-3921
Sponsor: Sen. Tillis, Thomas [R-NC]
Introduced: 2022-03-24 in the Senate
Policy area: Finance and Financial Sector
Subjects: Financial services and investments
Securities

Summary:
action_date: 2022-03-24
text: 

Equal Opportunity for all Investors Act

 
This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. Certain unregistered securities may only be offered to accredited investors. 
 
Specifically, the bill allows an individual to qualify through an examination established by the Securities and Exchange Commission (SEC), a state securities commission, or certain self-regulatory organizations. The examination 
 
 
must measure whether an individual understands and appreciates the risks and opportunities of investing in securities, 
 
must be designed to ensure that an individual with financial sophistication or training would be unlikely to fail, and 
 
may be designed and/or administered by an approved person. 
 
 
Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience. 
 
The bill also allows purchasers to self-certify that they meet the income or net worth requirements. Further, the bill allows a person to qualify as an accredited investor by satisfying certain investment or transaction requirements. 
 
Finally, the SEC may review and adjust the definition of accredited investor, except for the net worth standards, at its discretion. Currently, the SEC must perform this review every four years. 


Legislative actions:
action_date: 2022-04-05
text: Committee on Banking, Housing, and Urban Affairs. Hearings held.
action_date: 2022-03-24
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2022-03-24
text: Introduced in Senate
Unlocking Capital for Small Businesses Act of 2022

Bill: 117-s-3922
Sponsor: Sen. Cramer, Kevin [R-ND]
Introduced: 2022-03-24 in the Senate
Policy area: Finance and Financial Sector
Subjects: Business investment and capital
Financial services and investments
Licensing and registrations
Securities

Summary:
action_date: 2022-03-24
text: 

Unlocking Capital for Small Businesses Act of 2022

 
This bill revises the regulatory treatment of private-placement brokers (brokers who receive transaction-based compensation for the sale of securities to preselected individuals or institutions) and finders (private-placement brokers who do not exceed a specified amount of compensation, transaction value, or number of transactions in a year).
 
Specifically, the bill (1) requires the Securities and Exchange Commission to establish registration requirements for private-placement brokers that are no more stringent than those imposed on crowdfunding portals, (2) allows for membership in any national securities association for private-placement brokers, (3) exempts private-placement brokers from broker regulations, and (4) otherwise modifies provisions related to private-placement brokers and finders.


Legislative actions:
action_date: 2022-04-05
text: Committee on Banking, Housing, and Urban Affairs. Hearings held.
action_date: 2022-03-24
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2022-03-24
text: Introduced in Senate
Dodd-Frank Material Disclosure Improvement Act

Bill: 117-s-3923
Sponsor: Sen. Cramer, Kevin [R-ND]
Introduced: 2022-03-24 in the Senate
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures
Africa
Democratic Republic of the Congo
Financial services and investments
Mining
Oil and gas
Securities
Securities and Exchange Commission (SEC)
Wages and earnings
Worker safety and health

Summary:
action_date: 2022-03-24
text: 

Dodd-Frank Material Disclosure Improvement Act 

 
This bill eliminates disclosure requirements applicable to issuers of securities. Specifically, it eliminates requirements to disclose 
 
 
 the ratio of an issuer's median employee pay to its Chief Executive Officer pay; 
 
the use of conflict minerals originating in the Democratic Republic of the Congo by the issuer; 
 
health and safety information of mines operated by the issuer; and 
 
payments by an oil, natural gas, or mineral extractor to a foreign government or to the federal government. 
 


Legislative actions:
action_date: 2022-04-05
text: Committee on Banking, Housing, and Urban Affairs. Hearings held.
action_date: 2022-03-24
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2022-03-24
text: Introduced in Senate
Global Magnitsky Human Rights Accountability Extension Act

Bill: 117-s-3924
Sponsor: Sen. Rubio, Marco [R-FL]
Introduced: 2022-03-24 in the Senate
Policy area: International Affairs

Summary:
action_date: 2022-03-24
text: 

Global Magnitsky Human Rights Accountability Extension Act

 
This bill extends through December 31, 2034, the authority of the President to impose sanctions on foreign persons involved in certain gross violations of internationally recognized human rights and significant acts of corruption. 


Legislative actions:
action_date: 2022-03-24
text: Read twice and referred to the Committee on Foreign Relations.
action_date: 2022-03-24
text: Introduced in Senate
DEBRIS Act of 2022

Bill: 117-s-3925
Sponsor: Sen. Rubio, Marco [R-FL]
Introduced: 2022-03-24 in the Senate
Policy area: International Affairs

Summary:
action_date: 2022-03-24
text: 

Deterring Errant Behavior Risking International Space Act of 2022 or the DEBRIS Act of 2022

 
This bill requires the President to impose visa- and property-blocking sanctions on foreign persons (entities or individuals) that deliberately or negligently create space debris without providing prior notification to the U.S. government. The President must also impose such sanctions on foreign persons that provide certain assistance or support to the activity that resulted in the creation of the space debris. 


Legislative actions:
action_date: 2022-03-24
text: Read twice and referred to the Committee on Foreign Relations.
action_date: 2022-03-24
text: Introduced in Senate
SAFE Act

Bill: 117-s-3926
Sponsor: Sen. Scott, Rick [R-FL]
Introduced: 2022-03-24 in the Senate
Policy area: Finance and Financial Sector

Summary:
action_date: 2022-03-24
text: 

Secure America's Financial Exchanges Act or the SAFE Act 

 
This bill requires an issuer of securities, as a condition of listing its securities on a national exchange, to disclose (1) any financial support from China and the terms of any such support, and (2) whether any officer or director holds or previously held a position with the Chinese government or with the Chinese Communist Party.


Legislative actions:
action_date: 2022-03-24
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2022-03-24
text: Introduced in Senate
Mental Health Excellence in Schools Act

Bill: 117-s-3927
Sponsor: Sen. Shaheen, Jeanne [D-NH]
Introduced: 2022-03-24 in the Senate
Policy area: Education

Summary:
action_date: 2022-03-24
text: 

Mental Health Excellence in Schools Act

 
This bill establishes a program to expand the mental health services workforce in schools.
 
Specifically, the bill requires the Department of Education to contract with graduate institutions to pay a share of the cost of attendance for graduate students pursuing careers in the school-based mental health profession (e.g., school counseling).
 
Additionally, the bill requires an independent national evaluation of the outcomes and effectiveness of the program.


Legislative actions:
action_date: 2022-03-24
text: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
action_date: 2022-03-24
text: Introduced in Senate
Accelerating Small Business Growth Act

Bill: 117-s-3928
Sponsor: Sen. Padilla, Alex [D-CA]
Introduced: 2022-03-24 in the Senate
Policy area: Commerce

Summary:
action_date: 2022-03-24
text: 

Accelerating Small Business Growth Act

 
This bill establishes a grant program for states, local governments, tribes, and certain public transit authorities to assist small businesses owned by socially and economically disadvantaged individuals compete for federal contracts for infrastructure projects.


Legislative actions:
action_date: 2022-03-24
text: Read twice and referred to the Committee on Commerce, Science, and Transportation.
action_date: 2022-03-24
text: Introduced in Senate
Disadvantaged Business Enterprise Supportive Services Expansion Act

Bill: 117-s-3929
Sponsor: Sen. Padilla, Alex [D-CA]
Introduced: 2022-03-24 in the Senate
Policy area: Transportation and Public Works

Summary:
action_date: 2022-03-24
text: 

Disadvantaged Business Enterprise Supportive Services Expansion Act

 
The bill increases funding for and expands the disadvantaged business enterprise supportive services program of the Department of Transportation (DOT). The program provides training, assistance, and services to minority-owned small businesses to help them achieve proficiency to compete, on an equal basis, for federal aid highway project contracts and subcontracts. 
 
Specifically, the bill (1) increases the annual funding cap for the program from $10 million to $25 million, and (2) authorizes DOT to implement the program at the Federal Transit Administration and Federal Aviation Administration so that small businesses owned and controlled by socially and economically disadvantaged individuals may achieve proficiency to compete for contracts and subcontracts regarding public transportation and airport projects.


Legislative actions:
action_date: 2022-03-24
text: Read twice and referred to the Committee on Environment and Public Works. (Sponsor introductory remarks on measure: CR S1777)
action_date: 2022-03-24
text: Introduced in Senate
Administrative Enforcement Fairness Act of 2022

Bill: 117-s-3930
Sponsor: Sen. Lummis, Cynthia M. [R-WY]
Introduced: 2022-03-24 in the Senate
Policy area: Finance and Financial Sector

Summary:
action_date: 2022-03-24
text: 

Administrative Enforcement Fairness Act of 2022 

 
This bill allows an administrative proceeding brought under the Securities Exchange Act of 1934 to be removed to the appropriate federal district court. 


Legislative actions:
action_date: 2022-03-24
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2022-03-24
text: Introduced in Senate
Gig Worker Equity Compensation Act

Bill: 117-s-3931
Sponsor: Sen. Lummis, Cynthia M. [R-WY]
Introduced: 2022-03-24 in the Senate
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures
Employee benefits and pensions
Inflation and prices
Securities
Securities and Exchange Commission (SEC)
Self-employed
Service industries

Summary:
action_date: 2022-03-24
text: 

Gig Worker Equity Compensation Act 

 
This bill expands the existing Securities and Exchange Commission registration exemption for securities that are part of an employee-compensation package. Specifically, the bill applies this exemption to securities provided to independent contractors performing work for the issuer and to customers of the issuer. 
 
The bill also requires the corresponding aggregate sales amount to be indexed for inflation annually instead of every 5 years as under current law.


Legislative actions:
action_date: 2022-04-05
text: Committee on Banking, Housing, and Urban Affairs. Hearings held.
action_date: 2022-03-24
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2022-03-24
text: Introduced in Senate
Downeast Maine National Heritage Area Act

Bill: 117-s-3932
Sponsor: Sen. King, Angus S., Jr. [I-ME]
Introduced: 2022-03-28 in the Senate
Policy area: Public Lands and Natural Resources

Summary:
action_date: 2022-03-28
text: 

Downeast Maine National Heritage Area Act

 
This bill establishes the Downeast Maine National Heritage Area in Hancock and Washington Counties in Maine and designates the Sunrise County Economic Council as the local coordinating entity for the heritage area.
 
The council shall prepare a management plan for the heritage area, which must include comprehensive policies, strategies, and recommendations for the conservation, funding, management, and development of the heritage area. 


Legislative actions:
action_date: 2022-03-28
text: Read twice and referred to the Committee on Energy and Natural Resources.
action_date: 2022-03-28
text: Introduced in Senate
Ending Corporate Greed Act

Bill: 117-s-3933
Sponsor: Sen. Sanders, Bernard [I-VT]
Introduced: 2022-03-28 in the Senate
Policy area: Taxation

Summary:
action_date: 2022-03-28
text: 

Ending Corporate Greed Act

 
This bill imposes a tax through 2024 on certain corporations (corporations other than regulated investment companies, real estate investment trusts, or S corporations) that have average annual gross receipts for a three-year period of at least $500 million. The tax is 95% of what are deemed excess profits for a taxable year.


Legislative actions:
action_date: 2022-03-28
text: Read twice and referred to the Committee on Finance.
action_date: 2022-03-28
text: Introduced in Senate
Homeowner Flood Insurance Transparency and Protection Act

Bill: 117-s-3934
Sponsor: Sen. Hyde-Smith, Cindy [R-MS]
Introduced: 2022-03-28 in the Senate
Policy area: Finance and Financial Sector

Summary:
action_date: 2022-03-28
text: 

Homeowner Flood Insurance Transparency and Protection Act 

 
This bill allows National Flood Insurance Program policyholders to elect to pay premiums at the rate in effect prior to the implementation of Risk Rating 2.0. Risk Rating 2.0 bases premium rates on an individual property's specific flood risk instead of the flood risk of a general location and property type. 
 
Policyholders may elect to pay the previous rate until the Federal Emergency Management Agency performs several actions regarding Risk Rating 2.0, including 
 
 
publishing all data and methods used to calculate premium rates under Risk Rating 2.0, 
 
creating an online database where policyholders can see premium rates for their property using specified calculations, and
 
publishing an assessment of the economic and social impacts of Risk Rating 2.0.
 


Legislative actions:
action_date: 2022-03-28
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2022-03-28
text: Introduced in Senate
Pretrial Release Reporting Act

Bill: 117-s-3935
Sponsor: Sen. Johnson, Ron [R-WI]
Introduced: 2022-03-28 in the Senate
Policy area: Crime and Law Enforcement
Subjects: Congressional oversight
Criminal justice information and records
Criminal procedure and sentencing
Detention of persons
State and local courts

Summary:
action_date: 2022-03-28
text: 

Pretrial Release Reporting Act

 
This bill requires the Bureau of Justice Statistics to submit a report to Congress on individuals who are granted bail or pretrial release from state courts and are charged with violent felony offenses (e.g., murder or rape). 


Legislative actions:
action_date: 2022-03-28
text: Read twice and referred to the Committee on the Judiciary.
action_date: 2022-03-28
text: Introduced in Senate
Repurposing Elite Luxuries Into Emergency Funds for Ukraine Act

Bill: 117-s-3936
Sponsor: Sen. Bennet, Michael F. [D-CO]
Introduced: 2022-03-28 in the Senate
Policy area: International Affairs
Subjects: Conflicts and wars
Criminal investigation, prosecution, interrogation
Europe
Foreign aid and international relief
Foreign property
Fraud offenses and financial crimes
Government ethics and transparency, public corruption
Government trust funds
International organizations and cooperation
Military operations and strategy
Reconstruction and stabilization
Refugees, asylum, displaced persons
Russia
Sanctions
Social work, volunteer service, charitable organizations
Trade restrictions
Ukraine

Summary:
action_date: 2022-03-28
text: 

Repurposing Elite Luxuries Into Emergency Funds for Ukraine Act

 
This bill establishes the Ukrainian Relief Fund, which shall be available, subject to appropriations, to provide assistance to Ukraine and Ukrainian refugees. The Department of Justice shall deposit into the fund all proceeds resulting from the liquidation of assets seized by an interagency law enforcement task force established to enforce sanctions imposed in response to Russia's invasion of Ukraine. 


Legislative actions:
action_date: 2022-03-28
text: Read twice and referred to the Committee on Foreign Relations.
action_date: 2022-03-28
text: Introduced in Senate
Home-Based Telemental Health Care Act of 2022

Bill: 117-s-3937
Sponsor: Sen. Rounds, Mike [R-SD]
Introduced: 2022-03-28 in the Senate
Policy area: Health
Subjects: Congressional oversight
Forests, forestry, trees
Health care coverage and access
Health care quality
Health programs administration and funding
Health technology, devices, supplies
Home and outpatient care
Internet, web applications, social media
Marine and coastal resources, fisheries
Mental health
Migrant, seasonal, agricultural labor
Performance measurement
Rural conditions and development
Telephone and wireless communication

Summary:
action_date: 2022-03-28
text: 

Home-Based Telemental Health Care Act of 2022

 
This bill establishes a grant program to fund demonstration projects to provide mental health services to medically underserved individuals in rural areas or in the farming, fishing, and forestry industries.
 
Specifically, the Office for the Advancement of Telehealth within the Health Resources and Services Administration must award grants to public or nonprofit telemental health provider networks to deliver, and evaluate the impact of, home-based telemental services for such individuals. The office must coordinate activities with the Rural Health Liaison of the Department of Agriculture.


Legislative actions:
action_date: 2022-03-28
text: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
action_date: 2022-03-28
text: Introduced in Senate
READ Act Reathorization Act of 2022

Bill: 117-s-3938
Sponsor: Sen. Durbin, Richard J. [D-IL]
Introduced: 2022-03-28 in the Senate
Policy area: International Affairs
Subjects: Child safety and welfare
Conflicts and wars
Congressional oversight
Education of the disadvantaged
Elementary and secondary education
Emergency planning and evacuation
Foreign aid and international relief
Multilateral development programs
Refugees, asylum, displaced persons
Teaching, teachers, curricula

Summary:
action_date: 2022-03-28
text: 

READ Act Reathorization [
sic
] Act of 2022

 
This bill reauthorizes a law that requires the implementation of a strategy to promote quality basic education in partner countries by (1) expanding access to basic education for all children, particularly marginalized children and vulnerable groups; and (2) improving the quality of basic education and learning outcomes.


Legislative actions:
action_date: 2022-03-28
text: Read twice and referred to the Committee on Foreign Relations.
action_date: 2022-03-28
text: Introduced in Senate
SEED Act of 2022

Bill: 117-s-3939
Sponsor: Sen. Scott, Tim [R-SC]
Introduced: 2022-03-28 in the Senate
Policy area: Finance and Financial Sector
Subjects: Banking and financial institutions regulation
Financial services and investments
Securities
State and local government operations

Summary:
action_date: 2022-03-28
text: 

Small Entrepreneurs' Empowerment and Development Act of 2022 or the SEED Act of 2022 

 
This bill creates an exemption to securities registration requirements for a micro-offering of securities. In general, the Securities and Exchange Commission (SEC) prohibits the offering or selling of securities unless the offering is registered with the SEC or it qualifies for an exemption. 
 
The bill defines a 
micro-offering 
as an aggregate amount of securities sold by an issuer that does not exceed $500,000 in a 12-month period. This exemption does not apply to issuers who are convicted of specified financial crimes or are subject to specified disciplinary actions.


Legislative actions:
action_date: 2022-04-05
text: Committee on Banking, Housing, and Urban Affairs. Hearings held.
action_date: 2022-03-28
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2022-03-28
text: Introduced in Senate
Student and Student Athlete Opioid Misuse Prevention Act

Bill: 117-s-3940
Sponsor: Sen. Shaheen, Jeanne [D-NH]
Introduced: 2022-03-28 in the Senate
Policy area: Health

Summary:
action_date: 2022-03-28
text: 

Student and Student Athlete Opioid Misuse Prevention Act

 
This bill authorizes a program through which the Substance Abuse and Mental Health Services Administration may award grants or other assistance for preventing and addressing the misuse of opioids and other medications used for treating pain or injury recovery among students and student athletes. Entities eligible for the grants include states, nonprofits, and drug-free community coalitions.


Legislative actions:
action_date: 2022-03-28
text: Read twice and referred to the Committee on Health, Education, Labor, and Pensions.
action_date: 2022-03-28
text: Introduced in Senate
Housing Supply Expansion Act

Bill: 117-s-3941
Sponsor: Sen. Thune, John [R-SD]
Introduced: 2022-03-28 in the Senate
Policy area: Housing and Community Development
Subjects: Advisory bodies
Building construction
Congressional oversight
Department of Labor
Executive agency funding and structure
Housing supply and affordability
Low- and moderate-income housing
Public housing
Wages and earnings

Summary:
action_date: 2022-03-28
text: 

Housing Supply Expansion Act

 
This bill modifies the federal prevailing wage rates that apply to federally assisted housing and requires the Department of Labor to review and revise its process for determining prevailing wage rates.
 
Specifically, the bill applies the prevailing wage rate for residential construction to all housing projects that receive assistance under specified federal statutes. (Under current law, the residential construction prevailing wage rate applies to the construction, alteration, or repair of single-family homes or apartment buildings up to four floors in height.)


Legislative actions:
action_date: 2022-03-28
text: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2022-03-28
text: Introduced in Senate
Disabled Jurors Nondiscrimination Act

Bill: 117-s-3942
Sponsor: Sen. Markey, Edward J. [D-MA]
Introduced: 2022-03-29 in the Senate
Policy area: Law

Summary:
action_date: 2022-03-29
text: 

Disabled Jurors Nondiscrimination Act

 
This bill prohibits the exclusion of individuals from jury service on the basis of their disability.
 
Further, the bill prohibits the disqualification of individuals from jury service who fail to meet certain qualifications (e.g., adequate proficiency in English) on the basis of their disability.


Legislative actions:
action_date: 2022-03-29
text: Read twice and referred to the Committee on the Judiciary.
action_date: 2022-03-29
text: Introduced in Senate