118th Congress Finance and Financial Sector
H.R. 4879: Holding Chinese Listed Companies Accountable Act
Introduced
- Introduced (completed)
- Passed House (not reached)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill establishes stricter requirements for Chinese companies that are publicly traded.
Under current law, the Securities and Exchange Commission must delist from an exchange a publicly traded company that uses, for two consecutive years, an accounting firm not subject to Public Company Accounting Oversight Board inspections.
The bill reduces this to one year for companies that are organized under Chinese laws.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Brad Sherman D-CAOriginal
Who scored on this bill
- 1Blaine Luetkemeyer SponsorDrew cross-party cosponsors, introduced2 events+6
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History
- Introduced in the House by Blaine Luetkemeyer.
Show the full action history (2 actions)
- Introduced in House
- Referred to the House Committee on Financial Services.