S. 3923 · 117th Congress · Senate

Dodd-Frank Material Disclosure Improvement Act

Active· Committee on Banking, Housing, and Urban Affairs. Hearings held.
Introduced
Mar 24, 22
Passed Senate
Pending
Passed House
Pending
Sent to President
Pending
Signed into Law
Pending

Executive Summary

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.