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  <bill>
    <number>755</number>
    <updateDate>2023-01-11T14:50:33Z</updateDate>
    <updateDateIncludingText>2023-01-11T20:01:23Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2007-01-31</introducedDate>
    <congress>110</congress>
    <committees>
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        <systemCode>ssbk00</systemCode>
        <name>Banking, Housing, and Urban Affairs Committee</name>
        <chamber>Senate</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2007-02-28T17:11:58Z</date>
          </item>
        </activities>
      </item>
      <item>
        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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          <item>
            <name>Referred to</name>
            <date>2007-01-31T15:00:45Z</date>
          </item>
        </activities>
      </item>
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      <item>
        <title>Promoting Transparency in Financial Reporting Act of 2007</title>
        <congress>110</congress>
        <number>834</number>
        <type>S</type>
        <latestAction>
          <actionDate>2007-03-09</actionDate>
          <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S2973-2974)</text>
        </latestAction>
        <relationshipDetails>
          <item>
            <type>Related bill</type>
            <identifiedBy>CRS</identifiedBy>
          </item>
        </relationshipDetails>
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    <actions>
      <item>
        <actionDate>2007-02-28</actionDate>
        <committees>
          <item>
            <systemCode>ssbk00</systemCode>
            <name>Banking, Housing, and Urban Affairs Committee</name>
          </item>
        </committees>
        <sourceSystem>
          <name>Senate</name>
        </sourceSystem>
        <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
        <type>IntroReferral</type>
      </item>
      <item>
        <actionDate>2007-02-27</actionDate>
        <actionTime>19:09:37</actionTime>
        <text>Motion to reconsider laid on the table Agreed to without objection.</text>
        <type>Floor</type>
        <actionCode>H38310</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2007-02-27</actionDate>
        <actionTime>19:09:35</actionTime>
        <text>On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 412 - 0 (Roll no. 104). (text: CR H1903)</text>
        <type>Floor</type>
        <actionCode>H37300</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
        <recordedVotes>
          <recordedVote>
            <rollNumber>104</rollNumber>
            <url>https://clerk.house.gov/evs/2007/roll104.xml</url>
            <chamber>House</chamber>
            <congress>110</congress>
            <date>2007-02-28T00:09:35Z</date>
            <sessionNumber>1</sessionNumber>
          </recordedVote>
        </recordedVotes>
      </item>
      <item>
        <actionDate>2007-02-27</actionDate>
        <actionTime>19:09:35</actionTime>
        <text>Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 412 - 0 (Roll no. 104).(text: CR H1903)</text>
        <type>Floor</type>
        <actionCode>8000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
        <recordedVotes>
          <recordedVote>
            <rollNumber>104</rollNumber>
            <url>https://clerk.house.gov/evs/2007/roll104.xml</url>
            <chamber>House</chamber>
            <congress>110</congress>
            <date>2007-02-28T00:09:35Z</date>
            <sessionNumber>1</sessionNumber>
          </recordedVote>
        </recordedVotes>
      </item>
      <item>
        <actionDate>2007-02-27</actionDate>
        <actionTime>19:02:43</actionTime>
        <text>Considered as unfinished business. (consideration: CR H1931-1932)</text>
        <type>Floor</type>
        <actionCode>H30000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2007-02-27</actionDate>
        <actionTime>14:44:36</actionTime>
        <text>At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.</text>
        <type>Floor</type>
        <actionCode>H37220</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2007-02-27</actionDate>
        <actionTime>14:30:41</actionTime>
        <text>DEBATE - The House proceeded with forty minutes of debate on H.R. 755.</text>
        <type>Floor</type>
        <actionCode>H8D000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2007-02-27</actionDate>
        <actionTime>14:30:39</actionTime>
        <text>Considered under suspension of the rules. (consideration: CR H1903-1905)</text>
        <type>Floor</type>
        <actionCode>H30000</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2007-02-27</actionDate>
        <actionTime>14:30:14</actionTime>
        <text>Mr. Scott (GA) moved to suspend the rules and pass the bill.</text>
        <type>Floor</type>
        <actionCode>H30300</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2007-01-31</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
        <sourceSystem>
          <code>2</code>
          <name>House floor actions</name>
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            <systemCode>hsba00</systemCode>
            <name>Financial Services Committee</name>
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        <actionDate>2007-01-31</actionDate>
        <text>Introduced in House</text>
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          <code>9</code>
          <name>Library of Congress</name>
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      <item>
        <actionDate>2007-01-31</actionDate>
        <text>Introduced in House</text>
        <type>IntroReferral</type>
        <actionCode>1000</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
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    </actions>
    <sponsors>
      <item>
        <bioguideId>D000603</bioguideId>
        <fullName>Rep. Davis, Geoff [R-KY-4]</fullName>
        <firstName>Geoff</firstName>
        <lastName>Davis</lastName>
        <party>R</party>
        <state>KY</state>
        <district>4</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>C000243</bioguideId>
        <fullName>Rep. Castle, Michael N. [R-DE-At Large]</fullName>
        <firstName>MICHAEL</firstName>
        <lastName>CASTLE</lastName>
        <party>R</party>
        <state>DE</state>
        <middleName>N.</middleName>
        <district>0</district>
        <sponsorshipDate>2007-01-31</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001157</bioguideId>
        <fullName>Rep. Scott, David [D-GA-13]</fullName>
        <firstName>David</firstName>
        <lastName>Scott</lastName>
        <party>D</party>
        <state>GA</state>
        <district>13</district>
        <sponsorshipDate>2007-01-31</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>P000586</bioguideId>
        <fullName>Rep. Putnam, Adam H. [R-FL-12]</fullName>
        <firstName>ADAM</firstName>
        <lastName>PUTNAM</lastName>
        <party>R</party>
        <state>FL</state>
        <middleName>H.</middleName>
        <district>12</district>
        <sponsorshipDate>2007-01-31</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>H000636</bioguideId>
        <fullName>Rep. Hinojosa, Ruben [D-TX-15]</fullName>
        <firstName>RUBEN</firstName>
        <lastName>HINOJOSA</lastName>
        <party>D</party>
        <state>TX</state>
        <district>15</district>
        <sponsorshipDate>2007-01-31</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>F000447</bioguideId>
        <fullName>Rep. Feeney, Tom [R-FL-24]</fullName>
        <firstName>Tom</firstName>
        <lastName>Feeney</lastName>
        <party>R</party>
        <state>FL</state>
        <district>24</district>
        <sponsorshipDate>2007-01-31</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Accounting</name>
        </item>
        <item>
          <name>Administrative procedure</name>
        </item>
        <item>
          <name>Associations, institutions, etc.</name>
        </item>
        <item>
          <name>Auditing</name>
        </item>
        <item>
          <name>Business records</name>
        </item>
        <item>
          <name>Commerce</name>
        </item>
        <item>
          <name>Congress</name>
        </item>
        <item>
          <name>Congressional committees (House)</name>
        </item>
        <item>
          <name>Congressional reporting requirements</name>
        </item>
        <item>
          <name>Congressional witnesses</name>
        </item>
        <item>
          <name>Corporate finance</name>
        </item>
        <item>
          <name>Federal officials</name>
        </item>
        <item>
          <name>Financial statements</name>
        </item>
        <item>
          <name>Government Operations and Politics</name>
        </item>
        <item>
          <name>Government paperwork</name>
        </item>
        <item>
          <name>House Financial Services</name>
        </item>
        <item>
          <name>Independent regulatory commissions</name>
        </item>
        <item>
          <name>Information disclosure (Securities law)</name>
        </item>
        <item>
          <name>Interactive media</name>
        </item>
        <item>
          <name>Investors</name>
        </item>
        <item>
          <name>Law</name>
        </item>
        <item>
          <name>Nonprofit organizations</name>
        </item>
        <item>
          <name>Science, Technology, Communications</name>
        </item>
        <item>
          <name>Securities and Exchange Commission</name>
        </item>
        <item>
          <name>Social Welfare</name>
        </item>
        <item>
          <name>Standards</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Finance and Financial Sector</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2007-01-31</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2007-02-05T20:31:12Z</updateDate>
        <text><![CDATA[ <p>Promoting Transparency in Financial Reporting Act of 2007 - Requires the Securities and Exchange Commission (SEC), the Financial Accounting Standards Board, and the Public Company Accounting Oversight Board to provide oral testimony by their respective Chairpersons (or a designee), beginning in 2007, and annually for five years, to the Committee on Financial Services of the House of Representatives on their efforts to reduce the complexity in financial reporting to provide more accurate and clear financial information to investors.</p>]]></text>
      </summary>
      <summary>
        <versionCode>81</versionCode>
        <actionDate>2007-02-27</actionDate>
        <actionDesc>Passed House without amendment</actionDesc>
        <updateDate>2007-03-09T20:46:19Z</updateDate>
        <text><![CDATA[ <p><b>(This measure has not been amended since it was introduced. The summary of that version is repeated here.)</b></p> <p>Promoting Transparency in Financial Reporting Act of 2007 - Requires the Securities and Exchange Commission (SEC), the Financial Accounting Standards Board, and the Public Company Accounting Oversight Board to provide oral testimony by their respective Chairpersons (or a designee), beginning in 2007, and annually for five years, to the Committee on Financial Services of the House of Representatives on their efforts to reduce the complexity in financial reporting to provide more accurate and clear financial information to investors.</p>]]></text>
      </summary>
    </summaries>
    <title>Promoting Transparency in Financial Reporting Act of 2007</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Promoting Transparency in Financial Reporting Act of 2007</title>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Promoting Transparency in Financial Reporting Act of 2007</title>
      </item>
      <item>
        <titleType>Short Titles as Passed House</titleType>
        <title>Promoting Transparency in Financial Reporting Act of 2007</title>
        <chamberCode>H</chamberCode>
        <chamberName>House</chamberName>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To require annual oral testimony before the Financial Services Committee of the Chairperson or a designee of the Chairperson of the Securities and Exchange Commission, the Financial Accounting Standards Board, and the Public Company Accounting Oversight Board, relating to their efforts to promote transparency in financial reporting.</title>
      </item>
    </titles>
    <textVersions>
      <item>
        <type>Referred in Senate</type>
        <date>2007-02-28T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-110hr755rfs/xml/BILLS-110hr755rfs.xml</url>
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      </item>
      <item>
        <type>Engrossed in House</type>
        <date>2007-02-27T05:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-110hr755eh/xml/BILLS-110hr755eh.xml</url>
          </item>
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      </item>
      <item>
        <type>Introduced in House</type>
        <date>2007-01-31T05:00:00Z</date>
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          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-110hr755ih/xml/BILLS-110hr755ih.xml</url>
          </item>
        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2007-02-28</actionDate>
      <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</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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