To establish a minimum public comment period with respect to proposed rules issued by the Securities and Exchange Commission.
HR 8255 requires the Securities and Exchange Commission (SEC) to provide a minimum 60-day public comment period for most proposed rules, or 30 days if the rule addresses imminent investor harm. This applies to all SEC rulemaking where a public comment period is already required under federal law. The bill specifies that federal holidays do not count toward the comment period, and the clock starts when the proposed rule is published in the Federal Register. The legislation directly affects the SEC and entities submitting proposed rules, ensuring a standardized minimum timeframe for public input.
Bill status
in committee
1 of 4 stages cleared
Introduction
May 2024
Committee Review
Floor Vote
President
Introduced May 6, 2024
Last action May 6, 2024
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
May 6, 2024
Committee
Referred to the House Committee on Financial Services.
lower
May 6, 2024
Introduced
Introduced in House
lower
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Frank D. Lucas
RRepublican
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