H.R. 5070 (107th): Public Company Accounting Reform and Investor Protection Act of 2002

To improve quality and transparency in financial reporting and independent audits and accounting services for public companies, to create a Public Company Accounting Oversight Board, to enhance the standard setting process for accounting practices, to strengthen the independence of firms that audit public companies, to increase corporate responsibility and the usefulness of corporate financial disclosure, to protect the objectivity and independence of securities analysts, to improve Securities and Exchange Commission resources and oversight, and for other purposes.

The bill’s titles are written by its sponsor.



Jul 9, 2002
107th Congress, 2001–2002

Died in a previous Congress

This bill was introduced on July 9, 2002, in a previous session of Congress, but was not enacted.


John LaFalce

Representative for New York's 29th congressional district



Read Text »
Last Updated: Jul 9, 2002
Length: 116 pages

See Instead:

S. 2673 (same title)
Passed Senate — Jul 15, 2002


Jul 9, 2002

This is the first step in the legislative process.

H.R. 5070 (107th) was a bill in the United States Congress.

A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

This bill was introduced in the 107th Congress, which met from Jan 3, 2001 to Nov 22, 2002. Legislation not enacted by the end of a Congress is cleared from the books.

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