[Congressional Record Volume 167, Number 108 (Tuesday, June 22, 2021)]
[Senate]
[Page S4692]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                AMENDING THE SARBANES-OXLEY ACT OF 2002

  Mr. VAN HOLLEN. Madam President, I ask unanimous consent that the 
Senate proceed to the immediate consideration of S. 2184 introduced 
earlier today.
  The PRESIDING OFFICER. The clerk will report the bill by title.
  The senior assistant legislative clerk read as follows:

       A bill (S. 2184) to amend the Sarbanes-Oxley Act of 2002 to 
     institute a trading prohibition for certain issuers that 
     retain public accounting firms that have not been subject to 
     inspection by the Public Company Accounting Oversight Board, 
     and for other purposes.

  There being no objection, the Senate proceeded to consider the bill.
  Mr. VAN HOLLEN. Madam President, I ask unanimous consent that the 
bill be considered read a third time and passed, and that the motion to 
reconsider be considered made and laid upon the table.
  The PRESIDING OFFICER. Without objection, it is so ordered.
  The bill (S. 2184) was ordered to be engrossed for a third reading, 
was read the third time, and passed as follows

                                S. 2184

       Be it enacted by the Senate and House of Representatives of 
     the United States of America in Congress assembled,

     SECTION 1. TRADING PROHIBITION FOR 2 CONSECUTIVE NON-
                   INSPECTION YEARS.

       Section 104(i) of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 
     7214(i)) is amended--
       (1) in paragraph (2)(A)(ii), by striking ``the foreign 
     jurisdiction described in clause (i)'' and inserting ``a 
     foreign jurisdiction''; and
       (2) in paragraph (3)--
       (A) in the paragraph heading, by striking ``3'' and 
     inserting ``2''; and
       (B) in subparagraph (A), in the matter preceding clause 
     (i), by striking ``3'' and inserting ``2''.

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