H.R. 3775 (111th): Small Business SOX Compliance Relief Act

Introduced:
Oct 08, 2009 (111th Congress, 2009–2010)
Status:
Died (Referred to Committee)
Sponsor
Scott Garrett
Representative for New Jersey's 5th congressional district
Party
Republican
Text
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Last Updated
Oct 08, 2009
Length
2 pages
 
Status

This bill was introduced on October 8, 2009, in a previous session of Congress, but was not enacted.

Progress
Introduced Oct 08, 2009
Referred to Committee Oct 08, 2009
 
Full Title

To exempt certain small businesses from the attestation requirement of section 404 of the Sarbanes-Oxley Act of 2002.

Summary

No summaries available.

Cosponsors
3 cosponsors (3R) (show)
Committees

House Financial Services

The committee chair determines whether a bill will move past the committee stage.

 
Primary Source

THOMAS.gov (The Library of Congress)

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Notes

H.R. stands for House of Representatives bill.

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

The bill’s title was written by its sponsor.

GovTrack’s Bill Summary

We don’t have a summary available yet.

Library of Congress Summary

The summary below was written by the Congressional Research Service, which is a nonpartisan division of the Library of Congress.


10/8/2009--Introduced.
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).

House Republican Conference Summary

The summary below was written by the House Republican Conference, which is the caucus of Republicans in the House of Representatives.


No summary available.

House Democratic Caucus Summary

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