S3935Referred to Committee

Municipal Securities Rulemaking Board Reform Act of 2026

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Introduced
In Committee
3
Passed One Chamber
4
Passed Both
5
Signed into Law
119th
Congress
2026-02-26
Introduced
0
Cosponsors
S
Type

Sponsor

John Kennedy
John Kennedy
Republican · LA · Senator
Votes with party: 33.3% (318 recorded votes)

Full profile: /officials/K000393

Source: Congress.gov · FEC

Cosponsors (0)

Members who have signed on to support this bill since introduction. Source: Congress.gov.

No cosponsors on record. Bills can pass without cosponsors — this often means the sponsor introduced the bill alone, either because it's a messaging bill, a chairman's mark, or simply early in the legislative cycle.

Latest Action

The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

2026-02-26

Source: Congress.gov

Plain-English Summary

This bill would make changes to how the Municipal Securities Rulemaking Board operates, which is the organization that sets rules for trading bonds issued by cities, states, and local governments. The reforms likely aim to improve oversight, transparency, or efficiency in the municipal bond market, which affects investors, local governments seeking to borrow money, and the financial firms that buy and sell these bonds.

AI-assisted summary generated from the official bill metadata (title, subjects, actions) sourced from Congress.gov. Cached and reviewed. Always verify against the official text linked below.

Subjects

Finance and Financial Sector
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