To amend the Sarbanes-Oxley Act of 2002 to transfer the Public Company Accounting Oversight Board to the Securities and Exchange Commission, and for other purposes.
Analysis under review: This bill has generated analysis that may be too generic or incomplete. Clause-level evidence remains available below.
Summary
What This Bill Does
This bill, To amend the Sarbanes-Oxley Act of 2002 to transfer the Public Company Accounting Oversight Board to the Securities and Exchange Commission, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers. The main policy domain is Finance, Government Operations, Environment.
Who Benefits and How
financial institutions, investors, and borrowers may benefit from new authority, funding, eligibility, regulatory clarity, or reduced risk created by the bill.
Who Bears the Burden and How
federal implementing agencies, financial institutions, investors, and borrowers may take on implementation duties, reporting obligations, compliance costs, or oversight responsibilities.
Key Provisions
- Section H8E77018206F74A53A49D5F32FBDD641C: 1. Short title This Act may be cited as the Streamlining Public Company Accounting Oversight Act.
- Section H2846B45E237746A9B14655DE5E9EE811: 2. Transfer of Public Company Accounting Oversight Board to Securities and Exchange Commission Title I of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7211 et...
- Section H7B2D7FE3B8E34D95B1B7799DE697BE71: 3. Establishment; administrative provisions Section 101 of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7211) is amended— by amending subsection (a) to read as...
- Section H56AEE9F563FC4118B6199E0616E9E376: 4. Registration with the Office Section 102 of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7212) is amended— in the section heading by striking the Board and...
- Section H2461D09F0224437DAACAFFF559449969: 5. Auditing, quality control, standards, and rules Section 103 of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7213) is amended— in the heading, by striking and...
Evidence Chain:
This summary is generated from the full bill text using AI analysis. Expand "Detailed Analysis" below for identified beneficiaries/burden bearers with clause-level evidence links.
At a Glance
What This Bill Does
This bill, To amend the Sarbanes-Oxley Act of 2002 to transfer the Public Company Accounting Oversight Board to the Securities and Exchange Commission, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Key Policy Areas
Finance, Government Operations, Environment
Primary Purpose
This bill, To amend the Sarbanes-Oxley Act of 2002 to transfer the Public Company Accounting Oversight Board to the Securities and Exchange Commission, and for other purposes., changes federal law or congressional policy affecting financial institutions, investors, and borrowers.
Policy Domains
Whole bill
Identified Gains
- financial institutions, investors, and borrowers
Identified Costs
- federal implementing agencies
- financial institutions, investors, and borrowers
Sponsors
Legislative Progress
IntroducedMr. Huizenga introduced the following bill; which was referred to …
Impact analysis is available but no clear stakeholder effects identified. View clause-level analysis →
Bill Structure & Actor Mappings
Who is "The Secretary" in each section?
- "the_commission"
- → The commission identified in the operative section
We use a combination of our own taxonomy and classification in addition to large language models to assess meaning and potential beneficiaries. High confidence means strong textual evidence. Always verify with the original bill text.
Learn more about our methodology