3.0.0 3124 2022-11-01T06:47:30Z 2022-11-01T06:47:30Z House HR 2019-06-05 116 [Congressional Record Volume 165, Number 94 (Wednesday, June 5, 2019)][House]From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]By Mr. CONAWAY:H.R. 3124.Congress has the power to enact this legislation pursuantto the following:Article I sec 8[Page H4344]]]> hsba00 Financial Services Committee House Standing Referred to 2019-06-05T13:04:15Z Compensation for Americans Act of 2020 116 7007 HR 2020-05-22 Referred to the Committee on Foreign Affairs, and in addition to the Committees on Oversight and Reform, the Judiciary, Financial Services, Energy and Commerce, Armed Services, and Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Related bill CRS EQUITABLE Act 116 1731 S 2019-06-05 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Related bill CRS Holding China Accountable Act 116 7181 HR 2020-06-11 Referred to the Committee on Financial Services, and in addition to the Committees on the Judiciary, and Education and Labor, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned. Related bill CRS 2019-06-05 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2019-06-05 Introduced in House IntroReferral Intro-H 9 Library of Congress 2019-06-05 Introduced in House IntroReferral 1000 9 Library of Congress C001062 Rep. Conaway, K. Michael [R-TX-11] K. Conaway R TX Michael 11 N R000577 Rep. Ryan, Tim [D-OH-13] TIM RYAN D OH 13 2019-06-05 True G000579 Rep. Gallagher, Mike [R-WI-8] Mike Gallagher R WI 8 2019-06-05 True R000607 Rep. Rooney, Francis [R-FL-19] Francis Rooney R FL 19 2020-05-15 False H001088 Rep. Hagedorn, Jim [R-MN-1] Jim Hagedorn R MN 1 2020-05-22 False M001198 Rep. Marshall, Roger [R-KS-1] Roger Marshall R KS 1 2020-05-22 False N000190 Rep. Norman, Ralph [R-SC-5] Ralph Norman R SC 5 2020-05-28 False Finance and Financial Sector Accounting and auditing Administrative law and regulatory procedures Asia Banking and financial institutions regulation Business records China Financial services and investments Foreign and international corporations Government information and archives Political parties and affiliation Securities Securities and Exchange Commission (SEC) U.S. and foreign investments Finance and Financial Sector 00 2019-06-05 Introduced in House 2020-05-07T17:48:07Z Ensuring Quality Information and Transparency for Abroad-Based Listings on our Exchanges of 2019 or the EQUITABLE Act of 2019

This bill generally restricts the use of a foreign public accounting firm by a foreign issuer of securities.

The bill requires certain disclosures from a foreign issuer of securities that uses, for its required audit report to the Securities and Exchange Commission (SEC), a foreign public accounting firm that is not subject to inspection by the Public Company Accounting Oversight Board.

If an issuer uses such a foreign public accounting firm, the issuer is generally prohibited from listing its securities on a national securities exchange. Specifically, an issuer that is not currently listed on an exchange and uses such a firm may not be listed. A currently-listed issuer will be delisted beginning in 2025 if the issuer uses such a firm for three consecutive years.

]]> EQUITABLE Act of 2019 Display Title EQUITABLE Act of 2019 Official Title as Introduced To amend the Sarbanes-Oxley Act of 2002 to require the Public Company Accounting Oversight Board to maintain a list of certain foreign issuers, and for other purposes. Introduced in House IH Short Title(s) as Introduced EQUITABLE Act of 2019 Introduced in House IH Short Title(s) as Introduced Ensuring Quality Information and Transparency for Abroad-Based Listings on our Exchanges of 2019 Introduced in House IH Introduced in House 2019-06-05T04:00:00Z https://www.govinfo.gov/content/pkg/BILLS-116hr3124ih/xml/BILLS-116hr3124ih.xml 2019-06-05 Referred to the House Committee on Financial Services. text/xml EN 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. Congressional Research Service, Library of Congress 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.