U.S. Congress legislation · 119th Congress
HB6967: Public Company Advisory Committee Act of 2026
Status: In committee, March 19, 2026
To amend the Securities Exchange Act of 1934 to establish within the Securities and Exchange Commission the Public Company Advisory Committee, and for other purposes.
What the bill says
To amend the Securities Exchange Act of 1934 to establish within the Securities and Exchange Commission the Public Company Advisory Committee, and for other purposes.
From the committee substitute text, March 19, 2026:
A BILL To amend the Securities Exchange Act of 1934 to establish within the Securities and Exchange Commission the Public Company Advisory Committee, and for other purposes. SECTION 1. Short title This Act may be cited as the Public Company Advisory Committee Act of 2026 . SECTION 2. Public Company Advisory Committee The Securities Exchange Act of 1934 is amended by inserting after section 40 ( 15 U.S.C. 78qq ) the following: SECTION 40A. Public Company Advisory Committee (a) Establishment and purpose (1) Establishment There is established within the Commission the Public Company Advisory Committee (referred to in this section as the Committee ). (2) Purpose The Committee shall-- (A) provide the Commission with advice on the rules, regulations, and policies of the Commission with regard to the Commission's mission of protecting investors, maintaining fair, orderly, and efficient markets, and facilitating capital formation, as they relate to-- (i) existing and emerging regulatory priorities of the Commission; (ii) issues relating to the public reporting and corporate governance of public companies; (iii) issues relating to the proxy process for shareholder meetings held by public companies; (iv) issues relating to trading in the securities of public companies; and (v) issues relating to capital formation; (B) not provide any advice with respect to any policies, practices, actions, or decisions concerning the Commission's enforcement program; …
Sponsors
- Frank Lucas (R) · primary sponsor
- Brittany Pettersen (D, HD-007)
Latest actions
- : Placed on the Union Calendar, Calendar No. 479.
- : Reported (Amended) by the Committee on Financial Services. H. Rept. 119-557.
- : Ordered to be Reported (Amended) by the Yeas and Nays: 39 - 15.
- : Committee Consideration and Mark-up Session Held
- : Referred to the House Committee on Financial Services.
- : Introduced in House
Subjects: Public-private cooperation, Administrative law and regulatory procedures, Securities, Finance and Financial Sector, Advisory bodies, Securities and Exchange Commission (SEC)
Common questions
- What is HB6967?
- HB6967 is a bill in Congress (119th Congress): Public Company Advisory Committee Act of 2026.
- What does HB6967 do?
- In its own words: To amend the Securities Exchange Act of 1934 to establish within the Securities and Exchange Commission the Public Company Advisory Committee, and for other purposes.
- What is the status of HB6967?
- In committee as of March 19, 2026. Latest action: Placed on the Union Calendar, Calendar No. 479. (March 19, 2026).
- Who sponsored HB6967?
- Frank Lucas (R), with 1 co-sponsor.
- Where is the official record for HB6967?
- On the Congress website: https://www.congress.gov/bill/119th-congress/house-bill/6967
Source: official Congress record. Tracked by Delilah, AI for legislation across all 50 states and Congress.