HR 4616 · 119th Congress · Finance and Financial Sector

Trusted Foreign Auditing Act of 2025

Introduced 2025-07-22· Sponsored by Rep. Stefanik, Elise M. [R-NY-21]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2025-07-22)

Plain Language Summary

[AI summary unavailable — showing source text] [Congressional Bills 119th Congress] [From the U.S. Government Publishing Office] [H.R. 4616 Introduced in House (IH)] <DOC> 119th CONGRESS 1st Session H. R. 4616 To amend the Sarbanes-Oxley Act of 2002 to provide for disclosure regarding foreign jurisdictions that hinder inspections, and for other purposes. _______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES July 22, 2025 Ms. Stefanik introduced the following bill; which was referred to the Committee on Financial Services _______________________________________________________________________ A BILL To amend the Sarbanes-Oxley Act of 2002 to provide for disclosure regarding foreign jurisdictions that hinder inspections, and for other purposes. Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled, SECTION 1. SHORT TITLE. This Act may be cited as the ``Trusted Foreign Auditing Act of 2025''. SEC. 2. INSPECTION OF REGISTERED PUBLIC ACCOUNTING FIRMS. Section 104(i) of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7214(i)) is amended-- (1) in paragraph (1)-- (A) by redesignating subparagraphs (A) and (B) as subparagraphs (C) …

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