Holding Foreign Companies Accountable Act
This bill requires certain issuers of securities to establish that they are not owned or controlled by a foreign government. Specifically, an issuer must make this certification if the Public Company Accounting Oversight Board is unable to audit specified reports because the issuer has retained a foreign public accounting firm not subject to inspection by the board. Furthermore, if the board is unable to inspect the issuer's public accounting firm for three consecutive years, the issuer's securities are banned from trade on a national exchange.
Action Date | Type | Text | Source |
---|---|---|---|
2020-12-18 | President | Became Public Law No: 116-222. | Library of Congress |
2020-12-18 | President | Signed by President. | Library of Congress |
2020-12-08 | Floor | Presented to President. | House floor actions |
2020-12-02 | Floor | Motion to reconsider laid on the table Agreed to without objection. | House floor actions |
2020-12-02 | Floor | On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H6031-6032) | House floor actions |
2020-12-02 | Floor | DEBATE - The House proceeded with forty minutes of debate on S. 945. | House floor actions |
2020-12-02 | Floor | Considered under suspension of the rules. (consideration: CR H6031-6035) | House floor actions |
2020-12-02 | Floor | Mr. Clay moved to suspend the rules and pass the bill. | House floor actions |
2020-05-22 | Floor | Held at the desk. | House floor actions |
2020-05-22 | Floor | Received in the House. | House floor actions |
2020-05-22 | Floor | Message on Senate action sent to the House. | Senate |
2020-05-20 | Floor | Passed Senate with an amendment by Unanimous Consent. (text of amendment in the nature of a substitute: CR S2520) | Senate |
2020-05-20 | Floor | Measure laid before Senate by unanimous consent. (consideration: CR S2519-2520) | Senate |
2020-05-20 | Discharge | Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. | Senate |
2019-12-10 | Committee | Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-272. | Senate |
2019-06-04 | Committee | Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 116-41. | Senate |
2019-03-28 | IntroReferral | Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. | Senate |
2019-03-28 | IntroReferral | Introduced in Senate | Library of Congress |