PCAOB Whistleblower Protection Act of 2019
USA116th CongressHR-3625| House
| Updated: 9/23/2019
Sylvia R. Garcia
Democratic Representative
Texas
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
PCAOB Whistleblower Protection Act of 2019 This bill establishes a whistleblower protection program at the Public Company Accounting Oversight Board (PCAOB). Specifically, individuals reporting information to the PCAOB regarding securities law violations relating to audits (1) are protected from retaliation by an employer, and (2) could be eligible for a monetary reward. The reward program applies to individuals who voluntarily report original information that results in the PCAOB imposing civil penalties exceeding $250,000.
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Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Ms. Waters moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H7800-7803)
DEBATE - The House proceeded with forty minutes of debate on H.R. 3625.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7800-7802)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7800-7802)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Finance and Financial Sector
Accounting and auditingCivil actions and liabilityCorporate finance and managementEmployment discrimination and employee rightsFinancial services and investmentsFraud offenses and financial crimesGovernment ethics and transparency, public corruptionSecurities
PCAOB Whistleblower Protection Act of 2019
USA116th CongressHR-3625| House
| Updated: 9/23/2019
PCAOB Whistleblower Protection Act of 2019 This bill establishes a whistleblower protection program at the Public Company Accounting Oversight Board (PCAOB). Specifically, individuals reporting information to the PCAOB regarding securities law violations relating to audits (1) are protected from retaliation by an employer, and (2) could be eligible for a monetary reward. The reward program applies to individuals who voluntarily report original information that results in the PCAOB imposing civil penalties exceeding $250,000.
Suggested Questions
Get AI-generated questions to help you understand this bill better
Timeline
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Ms. Waters moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H7800-7803)
DEBATE - The House proceeded with forty minutes of debate on H.R. 3625.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.(text: CR H7800-7802)
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7800-7802)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sylvia R. Garcia
Democratic Representative
Texas
Financial Services Committee, Banking, Housing, and Urban Affairs Committee
Finance and Financial Sector
- Introduced
- In Committee
- On Floor
- Passed Chamber
- Enacted
Accounting and auditingCivil actions and liabilityCorporate finance and managementEmployment discrimination and employee rightsFinancial services and investmentsFraud offenses and financial crimesGovernment ethics and transparency, public corruptionSecurities