Ask AI
Bill116th CongressFiled Jul 5, 2019Finance and Financial Sector
H.R. 3625

PCAOB Whistleblower Protection Act of 2019

Bill journey · stage 2 of 5

Under committee review

Filed
Comm.
Floor
Both
Law

What it doesSummary passed house (Sep 19, 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.

What just happenedSep 23, 2019

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

Who’s behind it

Rep. Garcia, Sylvia R. [D-TX-29](D-TX)Sponsor
Read on Congress.gov
2committees12actions8subjects
  1. Sep 23, 2019IntroReferral

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

    Banking, Housing, and Urban Affairs Committee
  2. Sep 19, 2019FloorH38310

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

  3. Sep 19, 2019FloorH37300

    On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H7800-7802)

  4. Sep 19, 2019Floor8000

    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)

  5. Sep 19, 2019FloorH8D000

    DEBATE - The House proceeded with forty minutes of debate on H.R. 3625.

  6. Sep 19, 2019FloorH30000

    Considered under suspension of the rules. (consideration: CR H7800-7803)

  7. Sep 19, 2019FloorH30300

    Ms. Waters moved to suspend the rules and pass the bill, as amended.

  8. Jul 16, 2019Committee

    Ordered to be Reported (Amended) by Voice Vote.

    Financial Services Committee
  9. Jul 16, 2019Committee

    Committee Consideration and Mark-up Session Held.

    Financial Services Committee
  10. Jul 5, 2019IntroReferralH11100

    Referred to the House Committee on Financial Services.

    Financial Services Committee
  11. Jul 5, 2019IntroReferralIntro-H

    Introduced in House

  12. Jul 5, 2019IntroReferral1000

    Introduced in House

Passed HouseSep 19, 201953

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.

Introduced in HouseJul 5, 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 $2,500.

PCAOB Whistleblower Protection Act of 2019 — Informed