Burdensome Data Collection Relief Act

Bill: 113-hr-1135
Sponsor: full_name: Rep. Huizenga, Bill [R-MI-2]
Introduced: 2013-03-13
Policy area: Finance and Financial Sector
Subjects: Business records

Corporate finance and management

Government information and archives

Securities

Wages and earnings
Latest action: action_date: 2013-06-19
text: Ordered to be Reported by the Yeas and Nays: 36 - 21.

Summaries:
action_date: 2013-03-13
action_desc: Introduced in House
text: <p>Burdensome Data Collection Relief Act - Amends the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal the requirement that the Securities and Exchange Commission (SEC) amend certain federal regulations about executive compensation to require each issuer of securities to disclose in any filing: (1) the median of the annual total compensation of all the issuer's employees, except the chief executive officer; (2) the annual total compensation of the chief executive officer; and (3) the ratio of the first amount to the second.</p>

tv_txt: I 113th CONGRESS 1st Session H. R. 1135 IN THE HOUSE OF REPRESENTATIVES March 13, 2013 Mr. Huizenga of Michigan (for himself and Mr. Garrett ) introduced the following bill; which was referred to the Committee on Financial Services A BILL To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act to repeal certain additional disclosure requirements, and for other purposes.

1. Short title This Act may be cited as the Burdensome Data Collection Relief Act . 2. Repeal of additional disclosure requirements Section 953(b) of the Dodd-Frank Wall Street Reform and Consumer Protection Act ( 15 U.S.C. 781 note) is hereby repealed and any regulations issued pursuant to such subsection shall have no force or effect.