S2919-119

Introduced

To amend the Sarbanes-Oxley Act of 2002 to promote transparency by permitting the Public Company Accounting Oversight Board to allow its disciplinary proceedings to be open to the public, and for other purposes.

119th Congress Introduced Sep 19, 2025

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

The bill expands PCAOB disciplinary proceedings transparency bill and defines amend Section 105(d)(1)(C) of Sarbanes-Oxley Act. It relies on procedural change and definition changes. The main policy areas are Finance.

Who Benefits and How

The available clause analysis does not identify a specific beneficiary group.

Who Bears the Burden and How

Public Company Accounting Oversight Board (PCAOB) would take on compliance duties.

Key Provisions

  • Expands PCAOB disciplinary proceedings transparency bill.
  • Defines amend Section 105(d)(1)(C) of Sarbanes-Oxley Act.

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

The bill expands PCAOB disciplinary proceedings transparency bill and defines amend Section 105(d)(1)(C) of Sarbanes-Oxley Act.

Key Policy Areas

Finance

Primary Purpose

The bill expands PCAOB disciplinary proceedings transparency bill and defines amend Section 105(d)(1)(C) of Sarbanes-Oxley Act.

Policy Domains

Finance

Title I — To amend the Sarbanes-Oxley Act of 2002 to promote transparency by permitting the Public Company Accounting Oversight Board to allow its disciplinary proceedings to be open to the public, and for other purposes.

Identified Costs
  • Public Company Accounting Oversight Board (PCAOB)
Model: codex-gpt-5:bulk-repair | Version: bill_summary_v2 | Source: is
Public Company Accounting Oversight Board (PCAOB):

Legislative Progress

Introduced
Introduced Committee Passed
Sep 19, 2025

Mr. Reed (for himself and Mr. Grassley) introduced the following …

Stakeholder Effects

cui bono?

How this legislation distributes effects. Mention counts reflect frequency, not effect magnitude.

Government
1 mention across 1 clause
+1 positive

Public Company Accounting Oversight Board

2/3
sections analyzed
Full impact breakdown

Bill Structure & Actor Mappings

Who is "The Secretary" in each section?

Domains
Finance

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