US HB3775 | 2009-2010 | 111th Congress
Status
Spectrum: Partisan Bill (Republican 4-0)
Status: Introduced on October 8 2009 - 25% progression, died in committee
Action: 2009-10-08 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on October 8 2009 - 25% progression, died in committee
Action: 2009-10-08 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]
Summary
Small Business SOX Compliance Relief Act - Directs the Securities and Exchange Commission (SEC) to modify its regulations under the Sarbanes-Oxley Act of 2002 (SOX) for annual management assessments of, and reports on, internal financial controls. Requires such regulations to exempt a non-accelerated filer of a required annual report 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 assessment by the issuer's management of the effectiveness of its internal control over financial reporting (thereby extending the current moratorium on such requirement for small businesses).
Title
Small Business SOX Compliance Relief Act
Sponsors
Rep. Scott Garrett [R-NJ] | Rep. Jeb Hensarling [R-TX] | Rep. Tom Price [R-GA] | Rep. Mark Souder [R-IN] |
History
Date | Chamber | Action |
---|---|---|
2009-10-08 | Referred to the House Committee on Financial Services. |
Subjects
Accounting and auditing
Administrative law and regulatory procedures
Business records
Corporate finance and management
Finance and financial sector
Financial services and investments
Securities and Exchange Commission (SEC)
Small business
Administrative law and regulatory procedures
Business records
Corporate finance and management
Finance and financial sector
Financial services and investments
Securities and Exchange Commission (SEC)
Small business
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/111th-congress/house-bill/3775/all-info |
Text | https://www.congress.gov/111/bills/hr3775/BILLS-111hr3775ih.pdf |