US HB3655 | 2011-2012 | 112th Congress
Status
January 12 2012 - Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Pending: House Subcommittee on Capital Markets and Government Sponsored Enterprises Committee
Text: Latest bill text (Introduced) [PDF]
Pending: House Subcommittee on Capital Markets and Government Sponsored Enterprises Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Small Business Access to Capital Act of 2011 - Amends the Sarbanes-Oxley Act of 2002 to revise the small issuer exemption from the requirement that each registered public accounting firm that prepares or issues the audit report for a securities issuer attest to, and report on, the issuer's management assessment of the effectiveness of its internal control structure and procedures for financial reporting. Specifies that this requirement shall not apply to an issuer that has a total public float for the relevant reporting period of less than $1 billion. Prohibits this Act from being construed to relieve or exempt an issuer from the internal control reporting and assessment requirements of the Sarbanes-Oxley Act of 2002, or from its requirement that officers of the issuer certify certain annual and quarterly reports.
Title
Small Business Access to Capital Act of 2011
Sponsors
| Rep Royce, Edward R. | Rep Bachmann, Michele | Rep Canseco, Francisco "Quico" | Rep Hensarling, Jeb |
| Rep Jones, Walter B., Jr. | Rep Paul, Ron |
History
| Date | Chamber | Action |
|---|---|---|
| 2012-01-12 | House | Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises. |
| 2011-12-13 | House | Referred to the House Committee on Financial Services. |
Same As/Similar To
HB3213 (Related) 2011-11-21 - Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Subjects
Accounting and auditing
Corporate finance and management
Finance and financial sector
Financial services and investments
Securities
Small business
Corporate finance and management
Finance and financial sector
Financial services and investments
Securities
Small business
US Congress State Sources
| Type | Source |
|---|---|
| Summary | http://thomas.loc.gov/cgi-bin/bdquery/z?d112:HN03655:@@@L&summ2=m& |
| Text | http://gpo.gov/fdsys/pkg/BILLS-112hr3655ih/pdf/BILLS-112hr3655ih.pdf |
