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]

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.

Tracking Information

Register now for our free OneVote public service or GAITS Professional trial account and you can begin tracking this and other legislation, all driven by the real-time data of the LegiScan API. Providing tools allowing you to research pending legislation, stay informed with email alerts, content feeds, and share dynamic reports. Use our new PolitiCorps to join with friends and collegaues to monitor & discuss bills through the process.

Track Bill or view this same bill number from multiple sessions or take advantage of our national legislative search.

Title

Small Business Access to Capital Act of 2011

Sponsors


History

DateChamberAction
2012-01-12HouseReferred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
2011-12-13HouseReferred 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


US Congress State Sources


Bill Comments

feedback