H.R. 5024 · 109th Congress
Promoting Transparency in Financial Reporting Act of 2006
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Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 109th Congress ended.
R
DavisSponsor8 cosponsors · 3 D, 5 R
2 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Mar 28, 2006
- House Passed Jul 25, 2006
Promoting Transparency in Financial Reporting Act of 2006 - Requires the Securities and Exchange Commission (SEC), the Financial Accounting Standards Board, and the Public Company Accounting Oversight Board to provide oral testimony by their respective Chairpersons (or a designee), beginning in 2007, and annually for five years, to the Committee on…
What it does: CRS summary · Passed House amended · Jul 25, 2006
(This measure has not been amended since it was reported to the House on July 17, 2006. The summary of that version is repeated here.)
Promoting Transparency in Financial Reporting Act of 2006 - Requires the Securities and Exchange Commission (SEC), the Financial Accounting Standards Board, and the Public Company Accounting Oversight Board to provide oral testimony by their respective Chairpersons (or a designee), beginning in 2007, and annually for five years, to the Committee on Financial Services of the House of Representatives on their efforts to reduce the complexity in financial reporting to provide more accurate and clear financial information to investors.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Promoting Transparency in Financial Reporting Act of 2006
Latest action (Jul 26, 2006): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Mar 28, 2006
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Mar 28, 2006
- House Passed Jul 25, 2006
No recorded floor vote found.