PlainBillCongress, translated.Legislation. Context. Public interest.Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
Congressional Research Service
Version 00 · Introduced in House · Apr 14, 2005
Competitiveness Enhancement and Opportunity Act of 2005 - Amends the Sarbanes-Oxley Act of 2002 with respect to inclusion in the annual financial report of a securities issuer of an assessment of the effectiveness of its internal controls and procedures. Makes such inclusion voluntary rather than mandatory by changing the Securities and Exchange Commission's authority to prescribe rules for the annual report to make inclusion of an internal control report something permitted instead of (as currently) required.
People & committees
Rep. Flake, Jeff [R-AZ-6] · R–AZ
Legislative record
A procedural vote is different from passage. Passage in one chamber does not establish enactment. Explore the glossary.
Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
Referred to the House Committee on Financial Services.
Introduced in House
Introduced in House
Primary sources
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Source last updated: Aug 15, 2025. Consult Congress.gov for the current record.
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