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.
[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 1135 Introduced in House (IH)]
113th CONGRESS
1st Session
H. R. 1135
To amend the Dodd-Frank Wall Street Reform and Consumer Protection Act
to repeal certain additional disclosure requirements, and for other
purposes.
_______________________________________________________________________
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.
Be it enacted by the Senate and House of Representatives of the
United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Burdensome Data Collection Relief
Act''.
SEC. 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Protection Act (15 U.S.C. 781 note) is hereby repealed and any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.
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Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 36 - 21.
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