H.R.3599: Auditor Independence and Tax Shelters Act

About This Bill

  • This bill was introduced in the 108th Congress
  • This bill is primarily about taxation
  • Introduced Nov. 21, 2003
  • Latest Major Action Dec. 2, 2003

Bill Summary

Auditor Independence and Tax Shelters Act - Amends the Securities Exchange Act of 1934 governing audit requirements to prohibit a registered public accounting firm (or associated person) from providing services to an issuer of securities, or an officer or director of an issuer, to design, organize, promote, assist, or execute any investment, entity, plan, arrangement, or transaction for which a significant purpose is the avoidance or evasion...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Sponsor introductory remarks on measure.
Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
Nov. 21, 2003

Introduced in the House by Rahm Emanuel (D-Ill.)

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