S. 834 · 110th Congress
Promoting Transparency in Financial Reporting Act of 2007
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Never voted on. It didn't reach a floor vote before the 110th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
R
HatchSponsorNo cosponsors.
Promoting Transparency in Financial Reporting Act of 2007 - 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 Banking,…
What it does: CRS summary · Introduced in Senate · Mar 9, 2007
Promoting Transparency in Financial Reporting Act of 2007 - 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 Banking, Housing, and Urban Affairs of the Senate and the Committee on Financial Services of the House of Representatives on their efforts to reduce the complexity in financial reporting, so that investors are provided with more accurate and clear financial information.
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 2007
Latest action (Mar 9, 2007): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S2973-2974)
Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Mar 9, 2007
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.