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116TH CONGRESS
2D SESSION
H. R. 6242
To temporarily permit certain in-person meeting requirements under the secu-
rities laws to be met by using videoconferencing, to allow for the elec-
tronic delivery of certain documents, and for other purposes.
IN THE HOUSE OF REPRESENTATIVES
MARCH 12, 2020
Mr. HUIZENGA (for himself, Mr. MCHENRY, Mr. STIVERS, Mr. BARR, Mr.
HILL of Arkansas, Mr. TIMMONS, Mr. STEIL, Mr. RIGGLEMAN, and Mr.
LUETKEMEYER) introduced the following bill; which was referred to the
Committee on Financial Services
A BILL
To temporarily permit certain in-person meeting require-
ments under the securities laws to be met by using
videoconferencing, to allow for the electronic delivery of
certain documents, and for other purposes.
Be it enacted by the Senate and House of Representa-
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tives of the United States of America in Congress assembled,
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SECTION 1. SHORT TITLE.
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This Act may be cited as the ‘‘SEC Relief to Slow
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the Spread of Coronavirus Act of 2020’’.
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•HR 6242 IH
SEC. 2. USE OF ELECTRONIC COMMUNICATIONS.
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(a) IN GENERAL.—For purposes of the securities
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laws (as defined under section 3 of the Securities Ex-
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change Act of 1934 (15 U.S.C. 78c)):
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(1) Any requirement of an in-person meeting
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may be met by using videoconferencing or other
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means by which the applicable individuals can par-
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ticipate and communicate with each other during the
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meeting.
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(2) Any requirement related to document deliv-
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ery may be met by the electronic delivery of such
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document.
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(b) EXCEPTION.—If the Securities and Exchange
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Commission determines that keeping a particular in-per-
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son meeting required under the securities laws as an in-
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person meeting is necessary in the public interest and for
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the protection of investors, the Commission may issue a
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rule (on an emergency basis and not subject to notice or
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hearing) to exempt such in-person meeting from the re-
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quirement under subsection (a)(1).
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(c) SUNSET.—This section shall have no force or ef-
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fect after the end of the 1-year period beginning on the
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date of enactment of this Act.
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