H.R. 755 110th Congress House

Promoting Transparency in Financial Reporting Act of 2007

Official title: To require annual oral testimony before the Financial Services Committee of the Chairperson or a designee of the Chairperson of the Securities and Exchange Com… Show full official titleShow less

Official title: To require annual oral testimony before the Financial Services Committee of the Chairperson or a designee of the Chairperson of the Securities and Exchange Commission, the Financial Accounting Standards Board, and the Public Company Accounting Oversight Board, relating to their efforts to promote transparency in financial reporting.

Introduced: January 31, 2007 See on congress.gov

Finance and Financial Sector AccountingAdministrative procedureAssociations, institutions, etc.Auditing

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Business recordsCommerceCongressCongressional committees (House)Congressional reporting requirementsCongressional witnessesCorporate financeFederal officialsFinancial statementsGovernment Operations and PoliticsGovernment paperworkHouse Financial ServicesIndependent regulatory commissionsInformation disclosure (Securities law)Interactive mediaInvestorsLawNonprofit organizationsScience, Technology, CommunicationsSecurities and Exchange CommissionSocial WelfareStandards

Everywhere this bill has been 10 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Feb 28, 2007

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Feb 27, 2007

Motion to reconsider laid on the table Agreed to without objection.

Feb 27, 2007

On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 412 - 0 (Roll no. 104). (text: CR H1903)

Feb 27, 2007

Considered as unfinished business. (consideration: CR H1931-1932)

Feb 27, 2007

At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

Feb 27, 2007

DEBATE - The House proceeded with forty minutes of debate on H.R. 755.

Feb 27, 2007

Considered under suspension of the rules. (consideration: CR H1903-1905)

Feb 27, 2007

Mr. Scott (GA) moved to suspend the rules and pass the bill.

Jan 31, 2007

Referred to the House Committee on Financial Services.

Jan 31, 2007

Introduced in House

Votes taken on this bill 1

Date	Chamber	What was voted on	Result	Yes–No
Feb 27, 2007	House · vote #104	On Motion to Suspend the Rules and Pass	Passed	412–0	See who voted →

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Latest action February 28, 2007

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Promoting Transparency in Financial Reporting Act of 2007 - Requires the Securities and Exchange Commission (SEC), the Financial Accounting Standards Board, and the Public Company Accounting Oversight Board to provide oral testimony by their respective Chairpersons (or a designee), beginning in 2007, and annually for five years, to the Committee on Financial Services of the House of Representatives on their efforts to reduce the complexity in financial reporting to provide more accurate and clear financial information to investors.

Related & companion bills 1

Bill text 3 versions

Engrossed in House Formatted Text PDF Formatted XML
Introduced in House Formatted Text PDF Formatted XML
Referred in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 2

Financial Services Committee
House of Representatives
Banking, Housing, and Urban Affairs Committee
Senate

Cosponsors 5

Georgia · Jan 31, 2007

Cite this page click to expand

APA

U.S. Congress. (2026). H.R. 755: Promoting Transparency in Financial Reporting Act of 2007. 110th Congress. Open America. https://openamerica.io/bill/110-HR-755/

MLA

"H.R. 755: Promoting Transparency in Financial Reporting Act of 2007." 110th Congress, 2026, Open America, https://openamerica.io/bill/110-HR-755/.

Bluebook (legal)

H.R. 755, 110th Cong. (2026), https://openamerica.io/bill/110-HR-755/.

Markdown link

[H.R. 755: Promoting Transparency in Financial Reporting Act of 2007](https://openamerica.io/bill/110-HR-755/)