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    <number>1641</number>
    <updateDate>2019-11-15T20:54:06Z</updateDate>
    <updateDateIncludingText>2019-11-15T20:54:06Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2005-04-14</introducedDate>
    <congress>109</congress>
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        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
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          <item>
            <systemCode>hsba16</systemCode>
            <name>Capital Markets Subcommittee</name>
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                <name>Referred to</name>
                <date>2005-05-19T15:59:54Z</date>
              </item>
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        <activities>
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            <name>Referred to</name>
            <date>2005-04-14T14:00:35Z</date>
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        <actionDate>2005-05-19</actionDate>
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          <item>
            <systemCode>hsba16</systemCode>
            <name>Capital Markets Subcommittee</name>
          </item>
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        <text>Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.</text>
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      <item>
        <actionDate>2005-04-14</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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            <name>Financial Services Committee</name>
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        <text>Introduced in House</text>
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        <actionDate>2005-04-14</actionDate>
        <text>Introduced in House</text>
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          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>F000444</bioguideId>
        <fullName>Rep. Flake, Jeff [R-AZ-6]</fullName>
        <firstName>JEFF</firstName>
        <lastName>FLAKE</lastName>
        <party>R</party>
        <state>AZ</state>
        <district>6</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Accounting</name>
        </item>
        <item>
          <name>Administrative procedure</name>
        </item>
        <item>
          <name>Auditing</name>
        </item>
        <item>
          <name>Chief executive officers</name>
        </item>
        <item>
          <name>Commerce</name>
        </item>
        <item>
          <name>Corporate accountability</name>
        </item>
        <item>
          <name>Corporate finance</name>
        </item>
        <item>
          <name>Corporate management</name>
        </item>
        <item>
          <name>Financial statements</name>
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        <item>
          <name>Government Operations and Politics</name>
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          <name>Government paperwork</name>
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          <name>Independent regulatory commissions</name>
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          <name>Information disclosure (Securities law)</name>
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          <name>Law</name>
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          <name>Securities and Exchange Commission</name>
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      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
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    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2005-04-14</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2005-06-06T16:28:35Z</updateDate>
        <text><![CDATA[ <p>Competitiveness Enhancement and Opportunity Act of 2005 - Amends the Sarbanes-Oxley Act of 2002 with respect to inclusion in the annual financial report of a securities issuer of an assessment of the effectiveness of its internal controls and procedures. Makes such inclusion voluntary rather than mandatory by changing the Securities and Exchange Commission's authority to prescribe rules for the annual report to make inclusion of an internal control report something permitted instead of (as currently) required.</p>]]></text>
      </summary>
    </summaries>
    <title>Competitiveness Enhancement and Opportunity Act of 2005</title>
    <titles>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Competitiveness Enhancement and Opportunity Act of 2005</title>
      </item>
      <item>
        <titleType>Display Title</titleType>
        <title>Competitiveness Enhancement and Opportunity Act of 2005</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To make the internal control requirements of the Sarbanes-Oxley Act of 2002 voluntary.</title>
      </item>
    </titles>
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      <item>
        <type>Introduced in House</type>
        <date>2005-04-14T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-109hr1641ih/xml/BILLS-109hr1641ih.xml</url>
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    <latestAction>
      <actionDate>2005-05-19</actionDate>
      <text>Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.</text>
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    <dc:language>EN</dc:language>
    <dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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