|H2727: To extend the current moratorium for small businesses complying with section 404 of the Sarbanes-Oxley Act of 2002 by 1 year [0 comments]|
- Directs the Securities and Exchange Commission to modify its regulations under the Sarbanes-Oxley Act of 2002 (SOX) for annual management assessments of, and reports on, internal financial controls.
- Requires such regulations to provide that a non-accelerated filer does not have to provide management's report on internal control over financial reporting until it files an annual report for its first fiscal year ending on or after December 15, 2008 (thereby extending the current moratorium on such requirements for small businesses).
|June 14, 2007:||Referred to the House Committee on Financial Services.|
|July 17, 2007:||Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.|