HR 755 · 110th Congress · Finance and Financial Sector

Promoting Transparency in Financial Reporting Act of 2007

Introduced 2007-01-31· Sponsored by Rep. Davis, Geoff [R-KY-4]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2007-02-28)

Recorded Votes

PassedHouse · 2007-02-27
Roll #104
Yea 412Nay 0
Democrats
221 Yea·0 Nay
Republicans
191 Yea·0 Nay
PassedHouse · 2007-02-27
Roll #104
Yea 412Nay 0
Democrats
221 Yea·0 Nay
Republicans
191 Yea·0 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] 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 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

Cosponsors (5)

2 Democrats3 Republicans