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H. Rept. 118-782 1 (2024-11-29)

handle is hein.congrecreports/crptxagta0001 and id is 1 raw text is: AUT-ENTICATED
US. GOVERNMENT
INFORMATION
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                     118TH CONGRESS                                         REPORT
                        2d Session     HOUSE   OF REPRESENTATIVES           118-782







                               SEC  REFORM AND RESTRUCTURING ACT




                       NOVEMBER 29, 2024.-Committed to the Committee of the Whole House on the
                                     State of the Union and ordered to be printed




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


                                              REPORT

                                                together with

                                            MINORITY VIEWS

                                            [To accompany H.R. 8339]

                      The  Committee   on Financial Services, to whom   was referred the
                    bill (H.R. 8339) to make  improvements   to the securities laws, and
                    for other purposes,  having considered  the same,  reports favorably
                    thereon  with  an  amendment and recommends that the bill as
                    amended   do pass.

                                                 CONTENTS
                                                                                     Page
                    Purpose and Sum m ary ............................................................................................  9
                    Background and Need for  Legislation  ....................................................................  10
                    R elated H earing  ......................................................................................................  16
                    Com m ittee Consideration  ........................................................................................  16
                    C om m ittee  V otes  ......................................................................................................  16
                    Com m ittee Oversight  Findings  ...............................................................................  20
                    Perform ance Goals  and  Objectives  ........................................................................  20
                    Congressional Budget Office  Estimates   .................................................................  20
                    New Budget Authority, Entitlement Authority, and Tax Expenditures ............     20
                    Federal M andates  Statem ent  .................................................................................  20
                    Advisory Com m ittee  Statem ent  .............................................................................  20
                    Applicability  to  Legislative  Branch  ........................................................................  20
                    Earm ark Identification  ...........................................................................................  21
                    Duplication of Federal Program s  ...........................................................................  21
                    Section-by-Section  Analysis of the  Legislation  .....................................................  21
                    Changes in Existing Law Made by the Bill, as Reported .................            24
                    M inority V iew s  .........................................................................................................  102

                      The  amendment   is as follows:
                    Strike all after the enacting clause and insert the following:
                        59-006

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