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H. Rept. 115-571 1 (2018-02-20)

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                   115TH CONGRESS                                       REPORT
                      2d Session     HOUSE OF REPRESENTATIVES           115-571




                   AMENDING THE DODD-FRANK WALL STREET REFORM AND CONSUMER
                     PROTECTION ACT TO REPEAL CERTAIN DISCLOSURE REQUIREMENTS
                     RELATED TO COAL AND MINE SAFETY


                     FEBRUARY 20, 2018.-Committed to the Committee of the Whole House on the State
                                     of the Union and ordered to be printed


                       Mr. HENSARLING, from the Committee on Financial Services,
                                        submitted the following


                                           REPORT

                                             together with

                                          MINORITY VIEWS

                                          [To accompany H.R. 4289]

                             [Including cost estimate of the Congressional Budget Office]
                     The Committee on Financial Services, to whom was referred the
                   bill (H.R. 4289) to amend the Dodd-Frank Wall Street Reform and
                   Consumer Protection Act to repeal certain disclosure requirements
                   related to coal and mine safety, having considered the same, report
                   favorably thereon with an amendment and recommend that the bill
                   as amended do pass.
                     The amendment is as follows:
                     Strike all after the enacting clause and insert the following:
                   SECTION 1. REPEAL OF COAL AND MINE SAFETY DISCLOSURE REQUIREMENTS.
                     (a) IN GENERAL.-Section 1503 of the Dodd-Frank Wall Street Reform and Con-
                   sumer Protection Act (15 U.S.C. 78m-2) is hereby repealed.
                     (b) CLERICAL AMENDMENT.-The table of contents in section 1(b) of the Dodd-
                   Frank Wall Street Reform and Consumer Protection Act is amended by striking the
                   item relating to section 1503.
                                        PURPOSE AND SUMMARY
                     On November 7, 2017, Representative Alex Mooney introduced
                   H.R. 4289, to repeal Section 1503 of the Dodd-Frank Wall Street
                   Reform and Consumer Protection Act (P.L. 111-203), which re-
                   quires mining companies to include information about mine safety
                   and health violations, orders, citations, legal actions, and mining-
                   related fatalities in quarterly and annual reports filed with the Se-
                   curities and Exchange Commission (SEC). The disclosure require-
                       79-006

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