hyperdemocracy/usc-billstatus huggingface dataset:
PREPARE Act of 2023

Bill: 118-hr-2598
Sponsor: Rep. Joyce, David P. [R-OH-14]
Introduced: 2023-04-13 in the House
Policy area: Crime and Law Enforcement
Subjects: Aging
Banking and financial institutions regulation
Congressional oversight
Financial literacy
Financial services and investments
Fraud offenses and financial crimes
Government studies and investigations

Summary:
action_date: 2023-04-13
text: 

Preparing Regulators Effectively for a Post-prohibition Adult-use Regulated Environment Act of 2023 or the PREPARE Act of 2023

 
This bill directs the Department of Justice to establish the Commission on the Federal Regulation of Cannabis to study a plausible and prompt pathway to cannabis regulation.
 


Legislative actions:
action_date: 2024-12-17
text: Referred to the Subcommittee on Health.
action_date: 2023-04-21
text: Referred to the Subcommittee on Health.
action_date: 2023-04-13
text: Referred to the Committee on Energy and Commerce, and in addition to the Committees on the Judiciary, Ways and Means, Agriculture, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2023-04-13
text: Referred to the Committee on Energy and Commerce, and in addition to the Committees on the Judiciary, Ways and Means, Agriculture, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2023-04-13
text: Referred to the Committee on Energy and Commerce, and in addition to the Committees on the Judiciary, Ways and Means, Agriculture, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2023-04-13
text: Referred to the Committee on Energy and Commerce, and in addition to the Committees on the Judiciary, Ways and Means, Agriculture, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2023-04-13
text: Referred to the Committee on Energy and Commerce, and in addition to the Committees on the Judiciary, Ways and Means, Agriculture, and Financial Services, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House
Honest Ads Act

Bill: 118-hr-2599
Sponsor: Rep. Kilmer, Derek [D-WA-6]
Introduced: 2023-04-13 in the House
Policy area: Government Operations and Politics
Subjects: Administrative law and regulatory procedures
Broadcasting, cable, digital technologies
Computers and information technology
Congressional oversight
Digital media
Elections, voting, political campaign regulation
Federal Election Commission (FEC)
Government information and archives
Internet, web applications, social media
News media and reporting
Political advertising
Television and film
U.S. and foreign investments

Summary:
action_date: 2023-04-13
text: 

Honest Ads Act

 
This bill applies requirements, limitations, and protections regarding political advertising in traditional media to paid internet or digital political advertising. The bill sets forth special rules for disclosure statements for certain internet or digital ads.
 
Each television or radio station, provider of cable or satellite television, or online platform must ensure that the political advertising it hosts is not directly or indirectly purchased by a foreign national.
 
The bill outlines political record requirements for online platforms, including by requiring these platforms to publish a record of any qualified political advertisement purchased by a person whose aggregate purchases of qualified political advertisements on the platform during the calendar year exceeds $500.
 
Additionally, these online platforms must display notices with online political advertisements that identify the sponsor of the advertisement.


Legislative actions:
action_date: 2023-04-13
text: Referred to the House Committee on House Administration.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House
Protect Local Taxpayers Act of 2023

Bill: 118-hr-2600
Sponsor: Rep. Langworthy, Nicholas A. [R-NY-23]
Introduced: 2023-04-13 in the House
Policy area: Health

Summary:
action_date: 2023-04-13
text: 

Protect Local Taxpayers Act of 2023

 
This bill specifies that, in order to receive certain Federal Medical Assistance Percentage (FMAP) increases under Medicaid, states with a local share requirement must agree to distribute funds to each locality in an amount that is proportional to the locality's Medicaid contributions. 


Legislative actions:
action_date: 2023-04-13
text: Referred to the House Committee on Energy and Commerce.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House
National Human Trafficking Hotline Enhancement Act

Bill: 118-hr-2601
Sponsor: Rep. Lee, Laurel M. [R-FL-15]
Introduced: 2023-04-13 in the House
Policy area: Crime and Law Enforcement
Subjects: Congressional oversight
Emergency communications systems
Human trafficking
Law enforcement administration and funding
Public contracts and procurement
Smuggling and trafficking
State and local government operations

Summary:
action_date: 2023-04-13
text: 

National Human Trafficking Hotline Enhancement Act

 
This bill requires an applicant for a grant to operate the National Human Trafficking Hotline to certify that the applicant will provide information received from the hotline to state and local law enforcement agencies, at their request. 


Legislative actions:
action_date: 2023-11-02
text: Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
action_date: 2023-11-02
text: Committee Consideration and Mark-up Session Held
action_date: 2023-04-13
text: Referred to the House Committee on the Judiciary.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House
Small Business Child Care Investment Act

Bill: 118-hr-2602
Sponsor: Rep. Lee, Susie [D-NV-3]
Introduced: 2023-04-13 in the House
Policy area: Commerce
Subjects: Child care and development
Elementary and secondary education
Government lending and loan guarantees
Preschool education
Small business
Social work, volunteer service, charitable organizations
Tax-exempt organizations

Summary:
action_date: 2023-04-13
text: 

Small Business Child Care Investment Act

 
This bill deems certain nonprofit child care providers to be small business concerns so that they may participate in specified loan programs administered by the Small Business Administration (e.g., the 7(a) loan program).


Legislative actions:
action_date: 2023-04-13
text: Referred to the House Committee on Small Business.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House
To require the Securities and Exchange Commission to revise certain thresholds related to smaller reporting companies, accelerated filers, and large accelerated filers, and for other purposes.

Bill: 118-hr-2603
Sponsor: Rep. Luetkemeyer, Blaine [R-MO-3]
Introduced: 2023-04-13 in the House
Policy area: Finance and Financial Sector

Summary:
action_date: 2023-04-13
text: 
This bill requires the Securities and Exchange Commission (SEC) to increase threshold amounts that qualify companies as smaller reporting companies, accelerated filers, and large accelerated filers for purposes of SEC reporting requirements. The bill (1) increases the revenue and public float amounts under which a company qualifies as a smaller reporting company, (2) changes threshold requirements for smaller reporting companies from annual revenues to three-year rolling average revenues, (3) increases the aggregate worldwide market value of equity for a company to qualify as a large accelerated filer, (4) increases the market values below which a company exits accelerated filer or large accelerated filer status, and (5) excludes smaller reporting companies from status as accelerated filers or large accelerated filers. 


Legislative actions:
action_date: 2023-04-13
text: Referred to the House Committee on Financial Services.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House
Family Violence Prevention and Services Improvement Act of 2023

Bill: 118-hr-2604
Sponsor: Rep. McBath, Lucy [D-GA-7]
Introduced: 2023-04-13 in the House
Policy area: Families
Subjects: Community life and organization
Crime prevention
Crime victims
Domestic violence and child abuse
Family services
Health programs administration and funding
Homelessness and emergency shelter

Summary:
action_date: 2023-04-13
text: 

Family Violence Prevention and Services Improvement Act of 20

2

3

 
 This bill modifies, expands, and reauthorizes through FY2028 the Family Violence and Prevention Services program, which funds emergency shelters and supports related assistance for victims of domestic violence.
 
Specifically, the bill requires the Department of Health and Human Services (HHS) to award grants and enter cooperative agreements with state and tribal domestic violence coalitions, and community-based organizations, to support prevention services. Depending on the type of organization, grant recipients must use funding to (1) provide technical assistance; (2) promote evidence-informed prevention strategies; (3) implement coordinated, community responses to reduce risk factors for family violence; and (4) develop prevention partnership strategies.
 
Further, HHS must award specified grants to organizations that provide population-specific services in underserved communities and to community-based organizations that provide culturally specific domestic violence services to racial and ethnic minority groups. The bill also establishes a grants program for tribal domestic violence coalitions to support the provision of local, tribal, family domestic or dating violence services and requires HHS to award a grant for the administration of a hotline dedicated to serving Indians affected by domestic violence.
 
 In addition, the bill modifies certain program-wide definitions; changes the requirements for specified grant applications, eligibility criteria, and use of funds; and makes other technical revisions.


Legislative actions:
action_date: 2023-04-13
text: Referred to the House Committee on Education and the Workforce.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House
To amend the Securities Exchange Act of 1934 to exclude qualified institutional buyers and institutional accredited investors when calculating holders of a security for purposes of the mandatory registration threshold under such Act, and for other purposes.

Bill: 118-hr-2605
Sponsor: Rep. McHenry, Patrick T. [R-NC-10]
Introduced: 2023-04-13 in the House
Policy area: Finance and Financial Sector

Summary:
action_date: 2023-04-13
text: 
This bill excludes certain institutional investors and buyers as holders of a security. Specifically, these investors are not considered security holders under mandatory securities registration thresholds applicable to an issuer of securities.


Legislative actions:
action_date: 2023-04-13
text: Referred to the House Committee on Financial Services.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House
To require auditor independence standards of the Public Company Accounting Oversight Board and the Securities and Exchange Commission applicable to past audits of a company occurring before it was a public company to treat an auditor as independent if the auditor meets established professional standards, and for other purposes.

Bill: 118-hr-2606
Sponsor: Rep. McHenry, Patrick T. [R-NC-10]
Introduced: 2023-04-13 in the House
Policy area: Finance and Financial Sector

Summary:
action_date: 2023-04-13
text: 
This bill modifies the auditor independence standards required by the Public Company Accounting Oversight Board and the Securities and Exchange Commission. Specifically, an issuer that is a public company or has filed to become a public company must comply with certain auditor independence standards regarding audits that occurred in the fiscal year prior to the company going public.


Legislative actions:
action_date: 2023-04-13
text: Referred to the House Committee on Financial Services.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House
Improving Crowdfunding Opportunities Act

Bill: 118-hr-2607
Sponsor: Rep. McHenry, Patrick T. [R-NC-10]
Introduced: 2023-04-13 in the House
Policy area: Finance and Financial Sector

Summary:
action_date: 2023-04-13
text: 

Improving Crowdfunding Opportunities Act 

 
This bill reduces regulations applicable to crowdfunding securities and portals. Crowdfunding is used to raise capital through a large number of individuals investing potentially small amounts of money. 
 
The bill exempts certain securities issued under crowdfunding regulations from state regulation of secondary transactions. It also exempts crowdfunding portals from (1) certain anti-money laundering reporting and recordkeeping requirements, and (2) liability for material misstatements or omissions unless the portal knowingly makes certain untrue statements or engages in fraud or deceit. 
 
The bill revises the disclosure requirements for crowdfunding issuers with specified target offering amounts. The bill also expands the types of investors allowed to invest in these companies to include investment companies. Finally, the bill increases the aggregate amount these companies are allowed to raise in a 12-month period and generally raises the amount individuals are allowed to invest in a 12-month period.


Legislative actions:
action_date: 2023-04-13
text: Referred to the House Committee on Financial Services.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House
To amend the Federal securities laws to specify the periods for which financial statements are required to be provided by an emerging growth company, and for other purposes.

Bill: 118-hr-2608
Sponsor: Rep. McHenry, Patrick T. [R-NC-10]
Introduced: 2023-04-13 in the House
Policy area: Finance and Financial Sector
Subjects: Accounting and auditing
Administrative law and regulatory procedures
Business records
Government information and archives
Licensing and registrations
Securities
Securities and Exchange Commission (SEC)

Summary:
action_date: 2023-04-13
text: 
This bill limits the financial information an emerging growth company must submit to the Securities and Exchange Commission. Specifically, an emerging growth company is not required to present a financial statement for any period prior to the earliest audited period of the emerging growth company in connection with its initial public offering, such as a statement for an acquired company.

action_date: 2023-06-05
text: 
This bill limits the financial information an emerging growth company must submit to the Securities and Exchange Commission. Specifically, an emerging growth company is not required to present a financial statement for any period prior to the earliest audited period of the emerging growth company in connection with its initial public offering, such as a statement for an acquired company.


Legislative actions:
action_date: 2023-06-06
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2023-06-05
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2023-06-05
text: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2723)
action_date: 2023-06-05
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2723)
action_date: 2023-06-05
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 2608.
action_date: 2023-06-05
text: Considered under suspension of the rules. (consideration: CR H2723-2725)
action_date: 2023-06-05
text: Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
action_date: 2023-06-05
text: Placed on the Union Calendar, Calendar No. 65.
action_date: 2023-06-05
text: Reported (Amended) by the Committee on Financial Services. H. Rept. 118-88.
action_date: 2023-06-05
text: Reported (Amended) by the Committee on Financial Services. H. Rept. 118-88.
action_date: 2023-04-26
text: Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 41 - 0.
action_date: 2023-04-26
text: Committee Consideration and Mark-up Session Held.
action_date: 2023-04-13
text: Referred to the House Committee on Financial Services.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House
SEED Act of 2023

Bill: 118-hr-2609
Sponsor: Rep. McHenry, Patrick T. [R-NC-10]
Introduced: 2023-04-13 in the House
Policy area: Finance and Financial Sector

Summary:
action_date: 2023-04-13
text: 

Small Entrepreneurs' Empowerment and Development Act of 2023 or the SEED Act of 2023

 
 This bill establishes an exemption to certain securities regulations for small offerings of securities. Specifically, securities registration is not required for a sale of securities if the total amount of securities sold by the issuer during the preceding 12-month period sale does not exceed $250,000.
 
Furthermore, the Securities and Exchange Commission must issue rules under which an issuer is disqualified from offering securities through this exemption. These rules must disqualify any such offering or sale of securities by a person subject to specified regulatory disciplinary actions or convicted of certain felonies or misdemeanors.


Legislative actions:
action_date: 2023-04-13
text: Referred to the House Committee on Financial Services.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House
To amend the Securities Exchange Act of 1934 to specify certain registration statement contents for emerging growth companies, to permit issuers to file draft registration statements with the Securities and Exchange Commission for confidential review, and for other purposes.

Bill: 118-hr-2610
Sponsor: Rep. McHenry, Patrick T. [R-NC-10]
Introduced: 2023-04-13 in the House
Policy area: Finance and Financial Sector
Subjects: Administrative law and regulatory procedures
Business records
Government information and archives
Licensing and registrations
Securities
Securities and Exchange Commission (SEC)

Summary:
action_date: 2023-04-13
text: 
This bill revises requirements related to registration statements submitted to the Securities and Exchange Commission (SEC). First, the bill requires an emerging growth company to submit profit and loss statements from the previous 2 years, rather than the previous 3 years as under current law. In addition, the bill allows an issuer of securities to submit a draft registration statement to the SEC for confidential review prior to a public filing. 

action_date: 2023-06-05
text: 
This bill revises requirements related to registration statements submitted to the Securities and Exchange Commission (SEC). First, the bill requires an emerging growth company to submit profit and loss statements from the previous 2 years, rather than the previous 3 years as under current law. In addition, the bill allows an issuer of securities to submit a draft registration statement to the SEC for confidential review prior to a public filing. 


Legislative actions:
action_date: 2023-06-06
text: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
action_date: 2023-06-05
text: Motion to reconsider laid on the table Agreed to without objection.
action_date: 2023-06-05
text: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2725)
action_date: 2023-06-05
text: Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2725)
action_date: 2023-06-05
text: DEBATE - The House proceeded with forty minutes of debate on H.R. 2610.
action_date: 2023-06-05
text: Considered under suspension of the rules. (consideration: CR H2725-2726)
action_date: 2023-06-05
text: Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
action_date: 2023-06-05
text: Placed on the Union Calendar, Calendar No. 66.
action_date: 2023-06-05
text: Reported (Amended) by the Committee on Financial Services. H. Rept. 118-89.
action_date: 2023-06-05
text: Reported (Amended) by the Committee on Financial Services. H. Rept. 118-89.
action_date: 2023-04-26
text: Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 42 - 0.
action_date: 2023-04-26
text: Committee Consideration and Mark-up Session Held.
action_date: 2023-04-13
text: Referred to the House Committee on Financial Services.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House
Eliminating Paperwork for Startups Act

Bill: 118-hr-2611
Sponsor: Rep. McHenry, Patrick T. [R-NC-10]
Introduced: 2023-04-13 in the House
Policy area: Taxation

Summary:
action_date: 2023-04-13
text: 

Eliminating Paperwork for Startups Act

 
This bill requires the Internal Revenue Service to allow the election relating to property transferred in connection with services (i.e., to include in gross income the amount of such property in the year of transfer) to be made in electronic form.


Legislative actions:
action_date: 2023-04-13
text: Referred to the House Committee on Ways and Means.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House
Gig Worker Equity Compensation Act

Bill: 118-hr-2612
Sponsor: Rep. McHenry, Patrick T. [R-NC-10]
Introduced: 2023-04-13 in the House
Policy area: Finance and Financial Sector

Summary:
action_date: 2023-04-13
text: 

Gig Worker Equity Compensation Act

 
This bill preempts any state law that classifies an individual providing labor or services for remuneration (i.e., an independent contractor) as an employee for purposes of wage-rate and benefit requirements. 
 
The bill also broadens the existing Securities and Exchange Commission registration exemption for the issuance of securities as part of an employee-compensation package. Specifically, the bill applies this exemption to the issuance of securities as compensation for independent contractors.
 
The Government Accountability Office must report on the bill's effects. 


Legislative actions:
action_date: 2023-04-13
text: Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2023-04-13
text: Referred to the Committee on Financial Services, and in addition to the Committee on Education and the Workforce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
action_date: 2023-04-13
text: Introduced in House
action_date: 2023-04-13
text: Introduced in House