H.R. 6161: Fostering Innovation Act
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H.R. 6161: Fostering Innovation Act
112th Congress · introduced 2012-07-19 · Finance and Financial Sector · Latest: Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 18 - 15 .
federal
Follow this bill, step by step
- Where it came from: introduced 2012-07-19 · official record
- Who proposed it: Rep. Fitzpatrick, Michael G. [R-PA-8] · what a sponsor is
- What happened next: no floor votes in our records yet. Why?
- Where it stands now: Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 18 - 15 . Not final yet: this can still change. We check for updates every day.
- If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.
Official title
Fostering Innovation Act
Plain summary
Fostering Innovation Act - Directs the Securities and Exchange Commission (SEC) to redefine "accelerated filer" with respect to issuers of securities required to meet accelerated deadlines for filing their Form 10-Q quarterly reports. Requires the SEC to include among accelerated filers any issuers of securities that have: (1) annual revenues in excess of $100 million, and (2) an aggregated worldwide market value of the voting and non-voting common equity held by non-affiliates of between $250 million and $700 million.
Congressional Research Service summary (Introduced in House), quoted unchanged (nonpartisan). Read the source.
What a vote does
A “Yea” vote
If it passes both chambers and is signed, it becomes law.
A “Nay” vote
If it is not passed, current law stays as it is.
PSI Sci description of the legislative step (not an opinion).
What does this mean? (plain words)
Official text
Fostering Innovation Act
Source: Congressional Research Service summary (Introduced in House)
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The strongest published arguments
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Alternatives
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How did my representative vote? · This bill's floor votes
Officials and money
Sponsor: Rep. Fitzpatrick, Michael G. [R-PA-8] · 1 cosponsors
Cost estimate: No cost estimate published yet.
Cosponsors on this site
No linked floor roll calls in our collected records yet. This does not mean the bill has never had a vote. Check the official bill history.
Words on this page, explained (1)
- Securities
- Financial investments that can be bought and sold, such as stocks and bonds.
Plain meanings written from linked sources. All words.
Sources
- Congressional Research Service summary (Introduced in House)
- Congress.gov
- Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-112hr6161.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/112/hr>
Record fed-us-cong112-hr6161 · catalog fed-us-congress-bills-cong112 · updated 2026-11-15 by psicol fed-bills-cong112