HR2792: Small Entity Update Act
118th Congress (2023–2025) · House bill · Sponsor: Rep. Wagner, Ann [R-MO-2]
This page covers HR2792 in the 118th Congress. Bill numbers start over every Congress, so HR2792 in another Congress is a different bill.
118th Congress (2023–2025) · House bill · Sponsor: Rep. Wagner, Ann [R-MO-2]
This page covers HR2792 in the 118th Congress. Bill numbers start over every Congress, so HR2792 in another Congress is a different bill.
| Item | Detail |
|---|---|
| Roll-call votes | 1 |
| Chamber | House |
| Latest vote | 2023-05-30: Passed |
| Latest action | 2023-05-31: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Policy area | Finance and Financial Sector |
| Official record | Congress.gov |
Small Entity Update Act This bill requires the Securities and Exchange Commission (SEC) to report on and revise the definition of small entity. Agencies are required to consider the impact of their rules on small entities under the Regulatory Flexibility Act. Under the bill, the SEC must provide specific and detailed recommendations to Congress on how the SEC can revise the definition of small entity to (1) align with specified statutory goals, including reducing unnecessary burdens on small entities; and (2) expand the number of entities covered. In addition, the SEC must adjust the appropriate dollar amounts for inflation every five years. The SEC must also revise the applicable rules to implement these recommendations.
Subjects: Administrative law and regulatory procedures, Congressional oversight, Government studies and investigations, Securities and Exchange Commission (SEC), Small business
Every recorded vote on this bill, newest first, with a link to the official tally. Member-by-member positions are on each member’s profile.
| Date | Chamber | Question | Result | Yea | Nay | Not voting | Record |
|---|---|---|---|---|---|---|---|
| 2023-05-30 | House | 2/3 Yea-And-Nay | Passed | 309 | 7 | 47 | Official tally |
HR2792 (Small Entity Update Act) was introduced in the 118th Congress (2023–2025) by Rep. Wagner, Ann [R-MO-2].
On 2023-05-31: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
1 recorded vote in the 118th Congress. The most recent, on 2023-05-30, was "2/3 Yea-And-Nay": Passed.