# 115-hr-5054: Small Company Disclosure Simplification Act of 2018

115-hr-5054, Small Company Disclosure Simplification Act of 2018, is a 115th Congress bill sponsored by Rep. Kustoff, David [R-TN-8] (R-TN); status Placed on the Union Calendar, Calendar No. 846. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/115-hr-5054
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-5054
- Congress: 115
- Title: Small Company Disclosure Simplification Act of 2018
- Status: Placed on the Union Calendar, Calendar No. 846.
- Introduced: 2018-02-15
- Sponsor: Rep. Kustoff, David [R-TN-8] (R-TN)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

Small Company Disclosure Simplification Act of 2018 This bill exempts from requirements to use Extensible Business Reporting Language (XBRL) for Securities and Exchange Commission (SEC) filings: (1) emerging growth companies (in general, newly public companies with revenues below a specified threshold); and (2) on a temporary basis, certain other smaller companies. The SEC must conduct an analysis of the costs and benefits of XBRL requirements with respect to such companies. The SEC must report to Congress on the results of its analysis and other specified issues related to XBRL usage.

## Related bills

- 115-hr-7182: Stop Corrupt Iranian Oligarchs and Entities Act
- 115-hr-7059: Build the Wall, Enforce the Law Act of 2018
- 115-hr-6865: Modernizing Illicit Financial Accountability and Reporting Act
- 115-hr-6697: Restoring the Armed Career Criminal Act
- 115-hr-6554: STEER Act
- 115-hr-6621: To designate the facility of the United States Postal Service located at 530 East Main Street in Johnson City, Tennessee, as the "Major Homer L. Pease Post Off…

## Sources
- [115-hr-5054 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/5054)

## Related
- [115-hr-7182: Stop Corrupt Iranian Oligarchs and Entities Act](https://policyrisk.com/legislation/115-hr-7182)
- [115-hr-7059: Build the Wall, Enforce the Law Act of 2018](https://policyrisk.com/legislation/115-hr-7059)
- [115-hr-6865: Modernizing Illicit Financial Accountability and Reporting Act](https://policyrisk.com/legislation/115-hr-6865)
- [115-hr-6697: Restoring the Armed Career Criminal Act](https://policyrisk.com/legislation/115-hr-6697)
- [115-hr-6554: STEER Act](https://policyrisk.com/legislation/115-hr-6554)
- [115-hr-6621: To designate the facility of the United States Postal Service located at 530 Ea…](https://policyrisk.com/legislation/115-hr-6621)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-5054 (as of 2025-11-18).