HR 2727 · 110th Congress 2007–2009, ended

Small Business SOX Compliance Extension Act

Introduced Jun 14, 2007 Originated House Sponsor Scott Garrett R-NJ

Fact sheet Spreadsheet

Latest action · Jul 17, 2007 Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedJun 14, 2007
  2. Passed HouseNot reached
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Small Business SOX Compliance Extension Act - Directs the Securities and Exchange Commission to modify its regulations under the Sarbanes-Oxley Act of 2002 (SOX) for annual management assessments of, and reports on, internal financial controls.

Requires such regulations to provide that a non-accelerated filer does not have to provide management's report on internal control over financial reporting until it files an annual report for its first fiscal year ending on or after December 15, 2008 (thereby extending the current moratorium on such requirements for small businesses).

Cosponsors 52

Members who signed on, in the order they did. Signatures ran from Jun 14, 2007 to Nov 1, 2007; 42 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
R-FLAdam H. PutnamOriginalJun 14, 2007
R-CABrian P. BilbrayOriginalJun 14, 2007
R-NVDean HellerOriginalJun 14, 2007
R-ILDonald A. ManzulloOriginalJun 14, 2007
R-CODoug LambornOriginalJun 14, 2007
R-CAEdward R. RoyceOriginalJun 14, 2007
R-OKFrank D. LucasOriginalJun 14, 2007
R-KYGeoff DavisOriginalJun 14, 2007
R-SCJ. Gresham BarrettOriginalJun 14, 2007
R-GAJack KingstonOriginalJun 14, 2007
R-TXJeb HensarlingOriginalJun 14, 2007
R-AZJeff FlakeOriginalJun 14, 2007
R-CAJohn CampbellOriginalJun 14, 2007
R-PAJoseph R. PittsOriginalJun 14, 2007
R-ILJudy BiggertOriginalJun 14, 2007
R-TXKenny MarchantOriginalJun 14, 2007
R-PRLuis G. FortunoOriginalJun 14, 2007
R-GALynn A. WestmorelandOriginalJun 14, 2007
R-COMarilyn N. MusgraveOriginalJun 14, 2007
R-INMark E. SouderOriginalJun 14, 2007
R-ILMark KirkOriginalJun 14, 2007
R-MNMichele BachmannOriginalJun 14, 2007
R-INMike PenceOriginalJun 14, 2007
D-KSNancy E. BoydaOriginalJun 14, 2007
R-NCPatrick T. McHenryOriginalJun 14, 2007
R-WIPaul D. RyanOriginalJun 14, 2007
R-TXPete SessionsOriginalJun 14, 2007
R-MIPeter HoekstraOriginalJun 14, 2007
R-ILPeter J. RoskamOriginalJun 14, 2007
R-GAPhil GingreyOriginalJun 14, 2007
R-TXRandy NeugebauerOriginalJun 14, 2007
R-LARichard H. BakerOriginalJun 14, 2007
R-TXRon PaulOriginalJun 14, 2007
R-MDRoscoe G. BartlettOriginalJun 14, 2007
R-ALSpencer BachusOriginalJun 14, 2007
R-NMStevan PearceOriginalJun 14, 2007
R-MITim WalbergOriginalJun 14, 2007
R-FLTom FeeneyOriginalJun 14, 2007
R-GATom PriceOriginalJun 14, 2007
R-NYVito FossellaOriginalJun 14, 2007
R-MOW. Todd AkinOriginalJun 14, 2007
R-CAWally HergerOriginalJun 14, 2007
R-OKMary FallinJun 18, 2007
R-PAPhil EnglishJun 18, 2007
D-NJBill Pascrell, Jr.Jun 19, 2007
R-MIThaddeus G. McCotterJun 19, 2007
D-OKDan BorenJun 21, 2007
R-WYBarbara CubinJun 26, 2007
R-FLJeff MillerJun 26, 2007
R-TXLouie GohmertJun 26, 2007
D-MIBart StupakJul 24, 2007
R-VABob GoodlatteNov 1, 2007

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseFinancial Services Committee
Referred Jun 14, 2007
Capital Markets Subcommittee
Referred Jul 17, 2007

Actions 3

Everything that happened, newest first.

  1. Jul 17, 2007Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
  2. Jun 14, 2007Introduced in House
  3. Jun 14, 2007Referred to the House Committee on Financial Services.

Titles 2

Every title it has carried, official and short, at each stage.

Official Title as Introduced
To extend the current moratorium for small businesses complying with section 404 of the Sarbanes-Oxley Act of 2002 by 1 year.
Short Titles as Introduced
Small Business SOX Compliance Extension Act

Subjects

Assigned by the Library of Congress. Policy area: Finance and Financial Sector.

Text 1

Each version as it was printed, newest first.

  1. Jun 14, 2007Introduced in House

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.