United States 119th Congress Status: In Committee 6 R cosponsors

HR 1483 — Protecting Investors’ Personally Identifiable Information Act

Last action — Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 21.

  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the House. Introduced February 21, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the House.

Odds of enactment

Low chance

Based on the sponsor, cosponsors, and committee posture, this bill has a low chance of becoming law.

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A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.

Prognosis

Stalled 26% · moderate confidence

  • In Committee

    Current position in the legislative process.

  • 6 sponsors

    1 primary, 5 co-sponsors signed on.

  • Single-party support

    Sponsorship is currently within one party (6 R).

Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.

In plain language

The bill aims to enhance protections for investors' personal information.

This legislation seeks to strengthen the safeguards around personally identifiable information for investors. It addresses how financial institutions handle and protect this data.

What this means for you
  • Consumers: This means consumers can expect greater protection of their personal information related to investments.

Bill Text

What changed in the latest version

25 added · 10 removed

Plain-language change summary

The amendment to H.R. 1483 changes the definition of "personally identifiable information." The new definition includes specific identifiers such as financial account numbers, driver's license numbers, alien registration numbers, and biometric data, while removing broader terms. This clarification may impact how personal data is handled and protected under the bill.

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Latest
1483 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H.
1483 Reported in House (RH)] <DOC> Union Calendar No.
687 119th CONGRESS 2d Session H.
1483 To prohibit the Securities and Exchange Commission from requiring that personally identifiable information be collected under consolidated audit trail reporting requirements, and for other purposes.
1483 [Report No.
119-787] To prohibit the Securities and Exchange Commission from requiring that personally identifiable information be collected under consolidated audit trail reporting requirements, and for other purposes.
which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To prohibit the Securities and Exchange Commission from requiring that personally identifiable information be collected under consolidated audit trail reporting requirements, and for other purposes.
which was referred to the Committee on Financial Services September 1, 2026 Additional sponsors:
Mr.
Nunn of Iowa and Mr.
Downing September 1, 2026 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed [Strike out all after the enacting clause and insert the part printed in italic] [For text of introduced bill, see copy of bill as introduced on February 21, 2025] _______________________________________________________________________ A BILL To prohibit the Securities and Exchange Commission from requiring that personally identifiable information be collected under consolidated audit trail reporting requirements, and for other purposes.
(a) In General.--The Securities and Exchange Commission may not require a national securities exchange, a national securities association, or a member of such an exchange or association to provide personally identifiable information with respect to a market participant to meet the requirements relating to an order or a reportable event under section 242.613(c)(7) of title 17, Code of Federal Regulations (or successor regulations).
(a) In General.--The Securities and Exchange Commission may not require a national securities exchange, a national securities association, or a member of such an exchange or association to provide personally identifiable information with respect to a market participant to meet the requirements relating to an order or a reportable event under section 242.613(c)(7) of title 17, Code of Federal Regulations.
(b) Definition of Personally Identifiable Information.--In this section, the term ``personally identifiable information'' means information that can be used to distinguish or trace an individual's identity, either alone or when combined with other personal or identifying information that is linked or linkable to a specific individual, including an individual's name, address, date or year of birth, Social Security number, telephone number, email, and IP-address.
(b) Definition of Personally Identifiable Information.--In this section, the term ``personally identifiable information'' means an individual's name, address, date of birth, Social Security number, taxpayer-identification number, financial account number, driver's license number, alien registration number, telephone number, email address, Internet Protocol address, or biometric data.
<all>
Union Calendar No.
687 119th CONGRESS 2d Session H.
R.
1483 [Report No.
119-787] _______________________________________________________________________ A BILL To prohibit the Securities and Exchange Commission from requiring that personally identifiable information be collected under consolidated audit trail reporting requirements, and for other purposes.
_______________________________________________________________________ September 1, 2026 Reported with an amendment, committed to the Committee of the Whole House on the State of the Union, and ordered to be printed
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What Congress says this changes

H. Rept. 119-787

Published by the reporting committee Not generated — this is the committee's own “Changes in Existing Law Made by the Bill, as Reported”.

Text to be removed appears in [brackets]. Newly inserted text is italicised in the official report and cannot be marked in this plain-text rendition — read the official PDF ↗ for the authoritative formatting. 

CHANGES IN EXISTING LAW MADE BY THE BILL, AS REPORTED

 H.R. 1483 does not repeal or amend any section of a 
statute. Therefore, the Office of Legislative Counsel did not 
prepare the report required under clause 3(e) of rule XIII of 
the House of Representatives.

 [GRAPHIC(S) NOT AVAILABLE IN TIFF FORMAT]

Source: H. Rept. 119-787 · govinfo

Action History

  1. Introduced in House

  2. Introduced in House

  3. Referred to the House Committee on Financial Services.

  4. Committee Consideration and Mark-up Session Held

  5. Ordered to be Reported (Amended) by the Yeas and Nays: 27 - 21.

Sponsors

Sponsorship breakdown

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1 sponsors · 5 co-sponsors · 541 not signed on

Sponsors (1)

Co-sponsors (5)

Not signed on (541)

541 members have not signed on to this bill.

Show all 541 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance energy
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors HR 1483?
HR 1483 is sponsored by Loudermilk, Barry (Republican), Wagner, Ann (Republican), Meuser, Daniel (Republican), Huizenga, Bill (Republican), Nunn, Zachary (Republican), and Downing, Troy (Republican).
What is the current status of HR 1483?
This bill is in committee in the House. Introduced February 21, 2025. It must pass committee before a floor vote.
Where can I track HR 1483?
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