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.
Sponsor and status
Sponsor. Representative for New York's 29th congressional district. Democrat.
Last Updated: Jul 9, 2002
Length: 116 pages
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.
- See Instead:
S. 2673 (same title)
Passed Senate (House next) — Jul 15, 2002
Jul 9, 2002
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.
Jul 15, 2002
Companion Bill — Passed Senate (House next)
This activity took place on a related bill, S. 2673 (107th), possibly in lieu of similar activity on H.R. 5070 (107th).
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.
How to cite this information.
We recommend the following MLA-formatted citation when using the information you see here in academic work:
Civic Impulse. (2018). H.R. 5070 — 107th Congress: Public Company Accounting Reform and Investor Protection Act of 2002. Retrieved from https://www.govtrack.us/congress/bills/107/hr5070
“H.R. 5070 — 107th Congress: Public Company Accounting Reform and Investor Protection Act of 2002.” www.GovTrack.us. 2002. April 26, 2018 <https://www.govtrack.us/congress/bills/107/hr5070>
|title=H.R. 5070 (107th)
|accessdate=April 26, 2018
|author=107th Congress (2002)
|date=July 9, 2002
|quote=Public Company Accounting Reform and Investor Protection Act of 2002
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