HR 5024 · 109th Congress · Finance and Financial Sector
Promoting Transparency in Financial Reporting Act of 2006
Bill Progress
✓
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2006-07-26)
Plain Language Summary
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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.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 5024, Promoting Transparency in Financial Reporting Act of 2006
Jul 14, 2006<p>Cost estimate for the bill as ordered reported by the House Committee on Financial Services on June 14, 2006</p>
Full CBO report ↗H.R. 5024, Promoting Transparency in Financial Reporting Act of 2006
Jul 14, 2006Cost estimate for the bill as ordered reported by the House Committee on Financial Services on June 14, 2006
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (8)
3 Democrats5 Republicans