H.R. 6967: Public Company Advisory Committee Act of 2026

119th Congress · introduced 2026-01-07 · Finance and Financial Sector · Latest: Placed on the Union Calendar, Calendar No. 479.

federal

What does this mean?

Official title

Public Company Advisory Committee Act of 2026

Plain summary

Public Company Advisory Committee Act of 2026 This bill establishes the Public Company Advisory Committee within the Securities and Exchange Commission (SEC). The committee must advise the SEC on regulatory priorities, public reporting and corporate governance of public companies, shareholder meetings and the proxy process, and other topics. The committee must be comprised of individuals who are officers, directors, or senior officials of public companies; have senior managerial responsibility in associations that represent the interests of public companies; or provide professional advice and services to public companies.

Congressional Research Service summary (Reported to 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

Public Company Advisory Committee Act of 2026

Source: Congressional Research Service summary (Reported to House)

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The strongest published arguments

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Alternatives

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Officials and money

Sponsor: Rep. Lucas, Frank D. [R-OK-3] · 1 cosponsors

Money: CBO cost estimate: H.R. 6967, Public Company Advisory Committee Act of 2026 (2026-03-13) No linked contracts or vendors yet.

Words on this page, explained (2)

Bill: A proposed law. It becomes law only if it passes the legislature and is signed by the president or governor (or a veto is overridden).
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 (Reported to House)
Congress.gov
Data: GovInfo BILLSTATUS bulk data (Library of Congress), BILLSTATUS-119hr6967.xml <https://www.govinfo.gov/bulkdata/BILLSTATUS/119/hr>

Record fed-us-cong119-hr6967 · catalog fed-us-congress-bills-cong119 · updated 2026-11-03 by psicol fed-bills