HR 3625 · 116th Congress · Finance and Financial Sector

PCAOB Whistleblower Protection Act of 2019

Introduced 2019-07-05· Sponsored by Rep. Garcia, Sylvia R. [D-TX-29]· House

Bill Progress

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Introduced
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Committee
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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.(2019-09-23)

Plain Language Summary

[AI summary unavailable — showing source text] PCAOB Whistleblower Protection Act of 2019 This bill establishes a whistleblower protection program at the Public Company Accounting Oversight Board (PCAOB). Specifically, individuals reporting information to the PCAOB regarding securities law violations relating to audits (1) are protected from retaliation by an employer, and (2) could be eligible for a monetary reward. The reward program applies to individuals who voluntarily report original information that results in the PCAOB imposing civil penalties exceeding $2,500.…

Summarized by Claude AI · Non-partisan · For informational purposes only

CBO Cost Estimate

Congressional Budget Office

H.R. 3625, PCAOB Whistleblower Protection Act of 2019

Sep 18, 2019

As ordered reported by the House Committee on Financial Services on July 16, 2019

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office