House Bill 3948
115th Congress(2017-2018)
Protection of Source Code Act
Introduced
Introduced in House on Oct 4, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
3948
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
Protection of Source Code Act
This bill amends the Securities Act of 1933, the Securities Exchange Act of 1934, the Investment Company Act of 1940, and the Investment Advisers Act of 1940 to specify that the Securities and Exchange Commission may not compel a person to produce a source code or similar intellectual property that forms the basis for design of or provides insight to the source code without first issuing a subpoena.
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02/08/2018
Placed on the Union Calendar, Calendar No. 412.
02/08/2018
Reported (Amended) by the Committee on Financial Services. H. Rept. 115-549.
10/12/2017
Ordered to be Reported (Amended) by the Yeas and Nays: 46 - 14.
10/12/2017
Committee Consideration and Mark-up Session Held.
10/11/2017
Committee Consideration and Mark-up Session Held.
10/04/2017
Referred to the House Committee on Financial Services.
10/04/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:38:29 PM