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H.R. 1641 · 109th Congress

Competitiveness Enhancement and Opportunity Act of 2005

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 109th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

JFR FlakeSponsor

No cosponsors.

Competitiveness Enhancement and Opportunity Act of 2005 - Amends the Sarbanes-Oxley Act of 2002 with respect to inclusion in the annual financial report of a securities issuer of an assessment of the effectiveness of its internal controls and procedures.

What it does: CRS summary · Introduced in House · Apr 14, 2005

Competitiveness Enhancement and Opportunity Act of 2005 - Amends the Sarbanes-Oxley Act of 2002 with respect to inclusion in the annual financial report of a securities issuer of an assessment of the effectiveness of its internal controls and procedures. Makes such inclusion voluntary rather than mandatory by changing the Securities and Exchange Commission's authority to prescribe rules for the annual report to make inclusion of an internal control report something permitted instead of (as currently) required.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Competitiveness Enhancement and Opportunity Act of 2005

Latest action (May 19, 2005): Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

Policy area: Finance and Financial Sector · Origin: House · Introduced: Apr 14, 2005

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.