Prioritizing Information for Investors Act
Bill journey · stage 2 of 5
Under committee review
What it doesSummary introduced in house (May 17, 2021)
Prioritizing Information for Investors Act
This bill eliminates specified disclosure requirements for publicly traded companies. Specifically, these companies are no longer required to publicly disclose the ratio of median annual employee compensation to the annual compensation of the chief executive officer.
In addition, these companies are not required to report on the use of conflict minerals originating from the Democratic Republic of the Congo. (Conflict minerals directly or indirectly finance or benefit armed groups in specified areas.)
Finally, the bill eliminates the requirement that companies that extract resources must annually report on payments made by the company to a foreign government or the federal government for the purpose of the commercial development of oil, natural gas, or minerals.
What just happenedMay 17, 2021
Referred to the House Committee on Financial Services.
Who’s behind it
- Introduced in HouseMay 17, 2021
- May 17, 2021IntroReferralH11100
Referred to the House Committee on Financial Services.
Financial Services Committee - May 17, 2021IntroReferralIntro-H
Introduced in House
- May 17, 2021IntroReferral1000
Introduced in House