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H.R. 6967119th CongressPlaced on the calendarLatest action Mar 19, 2026Decoded by AI · checked against the record
Official title: Public Company Advisory Committee Act of 2026
Introduced:
Read the official bill on Congress.govThe plain-language version leads. The official text is always the reference.
HR 6967 sets up an SEC advisory committee of executives and advisers to weigh in on public company rules, without binding the agency.
40-second read · 4 questions answered below
HR 6967 creates a Public Company Advisory Committee within the SEC to advise on rules affecting public companies, including corporate governance, shareholder voting, stock trading, and capital raising. It would not address SEC enforcement actions. The committee would have 10 to 20 SEC-appointed members serving four-year terms and meeting at least twice yearly.
The bill mainly affects large public companies, their executives, and advisers like lawyers and accountants, who would gain a formal advisory channel. The SEC must review and publicly respond to recommendations, and everyday investors are affected indirectly through resulting policy changes.
The SEC would not be required to follow the committee's advice, and the panel is exempted from the federal transparency law that normally governs such advisory groups.
AI-drafted summary. Verify it against the official text before you act on it. Read the official bill on Congress.gov
Right now: it was placed on the House floor calendar, and the official record shows no floor action on it since. If the Senate changes it, it goes back to the House before reaching the President.
Latest action: — Placed on the Union Calendar, Calendar No. 479.