119th Congress · House bill · Last action Sep 17, 2026
H.R. 10477In CommitteeFinance and Financial Sector
Small Business Audit Correction Act of 2026
Sponsor: Rep. Hill, J. French (R-AR)1 cosponsorIntroduced Sep 17, 2026
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In plain English
Rep. J. French Hill (R-AR) introduced this bill to exempt privately held brokers and dealers in good standing from certain audit requirements under the Sarbanes-Oxley Act, specifically those that do not carry customer accounts. The bill modifies Title I of that 2002 law, which sets audit standards for public companies and related entities. The measure was referred to the House Committee on Financial Services on September 17, 2026.
Generated by ThePolitibase from the bill text and CRS summary. Read the official text →
Where it is in the process
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Introduced
Sep 17
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House committee
Sep 17
3
House floor
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4
Senate
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5
Signed
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What happens next: Sits in committee. Needs a markup or favorable report to advance to the House floor.
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Sponsor
JR
Cosponsors (1)
AR
All Republican.
Activity timeline
Sep 17
Sep 17
Sep 17
Referred to the House Committee on Financial Services.
Sep 17
Sep 17
Sep 17
Introduced in House
Sep 17
Sep 17
Sep 17
Introduced in House
Read the bill text
Official text via Congress.gov. Opens in a new tab.
Full action log
All 3 recorded actions since introduction · Source: Congress.gov
Sep 17
HOUSEReferred to the House Committee on Financial Services.
Sep 17
Introduced in House
Sep 17
Introduced in House
All 1 cosponsor
0 Democrats · 1 Republican
Republicans (1)
Barr, AndyKY-06
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