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H.R. 3763 (107th): Sarbanes-Oxley Act of 2002

On Passage of the Bill in the House

Passed · Apr 24, 2002 at 3:24 p.m. ET · Source: house.gov

This was a vote to pass H.R. 3763 (107th) in the House.

It was not the final House vote on the bill. See the history of H.R. 3763 (107th) for further details.

The Sarbanes–Oxley Act of 2002 (Pub.L. 107–204, 116 Stat. 745, enacted July 30, 2002), also known as the "Public Company Accounting Reform and Investor Protection Act" (in the Senate) and "Corporate and Auditing Accountability, Responsibility, and Transparency Act" (in the House) and more commonly called Sarbanes–Oxley, Sarbox or SOX, is a United States federal law that set new or expanded requirements for all U.S. public company boards, management and public accounting firms. A number of provisions of the Act also apply to privately held companies, such as the willful destruction of evidence to impede a federal investigation.

The bill, which contains eleven sections, was enacted as a reaction to a number of major corporate and accounting scandals, including Enron and WorldCom. The sections of the bill cover responsibilities of a public corporation's board of directors, adds criminal penalties for certain misconduct, and requires the Securities and Exchange Commission to create regulations to define how public corporations are to comply with the law.

This summary is from Wikipedia.

Source: Wikipedia

Totals

All Votes R D I
Aye 77%
 
 
 
334
214
 
119
 
1
 
No 21%
 
 
 
90
2
 
87
 
1
 
Not Voting 2%
 
 
 
10
5
 
5
 
0
 
Simple Majority Required

Ideology Vote Chart

Key: R Aye D Aye R No D No
Seat position based on our ideology score.

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Vote Details

Notes: The Speaker’s Vote? “Aye” or “Yea”?
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Statistically Notable Votes

Statistically notable votes are the votes that are most surprising, or least predictable, given how other members of each voter’s party voted and other factors.

All Votes