House bill · H.R. 7187 (119th Congress)
Clarity for Compensation Act
U.S. House of Representatives
Sponsor: Zachary Nunn (U.S. Representative, IA-3, Republican)
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From Congress.gov and official rosters. This record was last updated Aug 3, 2026. About our data
Summary
Amends the Securities Exchange Act of 1934 so that a personal services entity owned by a registered representative is not treated as a broker solely because it receives that representative's compensation from their broker-dealer.
AI summary. Not an official summary. How we handle summaries
Where it stands
Out of committee and scheduled for a vote by the full chamber.
- Introduced
- In committee
- Up for a vote
- Passed one chamber
- Passed
- Enacted
Committee
House Committee on Financial Services · U.S. House of Representatives
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Cosponsors
12
Cosponsors listed on Congress.gov, shown A to Z.
- Republican8
- Democratic4
This bill has cosponsors from more than one party.
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Full history
- Sep 1, 2026
Placed on the Union Calendar, Calendar No. 691.
- Sep 1, 2026
Placed on the Union Calendar, Calendar No. 691.
- Sep 1, 2026
Reported out of committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-791.
- Sep 1, 2026
Reported out of committee
Reported (Amended) by the Committee on Financial Services. H. Rept. 119-791.
- Jun 30, 2026
Committee vote
Committee Consideration and Mark-up Session Held
Show full history (9 earlier events)Show less history
- Jun 30, 2026
Committee vote
Committee Consideration and Mark-up Session Held
- Jun 30, 2026
Committee vote
Committee Consideration and Mark-up Session Held
- Jun 30, 2026
Reported out of committee
Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.
- Jun 30, 2026
Introduced
Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.
U.S. House
- Jun 30, 2026
Reported out of committee
Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.
- Jun 30, 2026
Reported out of committee
Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 0.
- Jun 10, 2026
Introduced
Introduced in U.S. House
U.S. House
- Jan 21, 2026
Introduced
Introduced in House
U.S. House of Representatives
- Jan 21, 2026
Referred to committee
Referred to the House Committee on Financial Services.
U.S. House of Representatives
Read the record
- Read on Congress.gov (opens in a new tab) The official record on Congress.gov.