Bill Activity

Bill Enacted

This bill was enacted into law on 2020-12-18

Contributions

Individuals

There were no contributions to this bill.

You must be logged in to contribute

Main Subject: Finance and financial sector

Holding Foreign Companies Accountable Act

This bill requires certain issuers of securities to establish that they are not owned or controlled by a foreign government. Specifically, an issuer must make this certification if the Public Company Accounting Oversight Board is unable to audit specified reports because the issuer has retained a foreign public accounting firm not subject to inspection by the board. Furthermore, if the board is unable to inspect the issuer's public accounting firm for three consecutive years, the issuer's securities are banned from trade on a national exchange.

HR7000-116, S4629-116,

Library of Congress Actions

President
Dec. 18 2020	Became Public Law No: 116-222. Signed by President.
Dec. 08 2020	Presented to President.

BecameLaw
Dec. 18 2020	Became Public Law No: 116-222. Signed by President.

Floor
Dec. 02 2020	Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H6031-6032)
May. 20 2020	Passed/agreed to in Senate: Passed Senate with an amendment by Unanimous Consent.(text of amendment in the nature of a substitute: CR S2520)

Committee
May. 20 2020	Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.

House floor actions Actions

Floor
Dec. 08 2020	Presented to President.
Dec. 02 2020	Motion to reconsider laid on the table Agreed to without objection. On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H6031-6032) DEBATE - The House proceeded with forty minutes of debate on S. 945. Considered under suspension of the rules. (consideration: CR H6031-6035) Mr. Clay moved to suspend the rules and pass the bill.
May. 22 2020	Held at the desk. Received in the House.

Senate Actions

Floor
May. 22 2020	Message on Senate action sent to the House.
May. 20 2020	Passed Senate with an amendment by Unanimous Consent. (text of amendment in the nature of a substitute: CR S2520) Measure laid before Senate by unanimous consent. (consideration: CR S2519-2520)