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H.R.3213 / 112th Congress

Small Company Job Growth and Regulatory Relief Act of 2011

Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

Official summary

Version 00 · Introduced in House · Oct 14, 2011

Small Company Job Growth and Regulatory Relief Act of 2011 - Amends the Sarbanes-Oxley Act of 2002 to revise the small issuer exemption from the requirement that each registered public accounting firm that prepares or issues the audit report for a securities issuer attest to, and report on, the issuer's management assessment of the effectiveness of its internal control structure and procedures for financial reporting. Specifies that this requirement shall not apply to an issuer that has a total public float for the relevant reporting period of less than $350 million.

Prohibits this Act from being construed to relieve or exempt an issuer from the internal control reporting and assessment requirements of the Sarbanes-Oxley Act of 2002, or from its requirement that officers of the issuer certify certain annual and quarterly reports.

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Who introduced it

Rep. Fincher, Stephen Lee [R-TN-8] · R–TN

Committees

  • Financial Services Committee
21 cosponsorship records, including any withdrawals

Actions

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  1. Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

  2. Referred to the House Committee on Financial Services.

  3. Sponsor introductory remarks on measure. (CR E1878)

  4. Introduced in House

  5. Introduced in House

  6. Subcommittee Consideration and Mark-up Session Held and Forwarded to Full Committee by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral Revised discussion draft, as amended, ordered favorably reported to the full committee by the subcommittee on Capital Markets and Government Sponsored Enterprises.

  7. Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.

Bill text & related measures

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Related bills identified by Congress.gov

Source last updated: Dec 11, 2025. Consult Congress.gov for the current record.

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Objective

Analyze H.R.3213 as objectively as possible. Explain its main provisions, who would be affected, possible benefits and harms, implementation, exceptions, and uncertainties. Present the strongest arguments for and against it, and identify evidence needed to assess its public impact.

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Fairness and public impact

Progressive lens

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Institutions and government scope

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Individual rights and government power

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