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==Bill Text==
[Congressional Bills 114th Congress][From the U.S. Government Publishing Office][H.R. 4139 Referred in Senate (RFS)]
114th CONGRESS
2d Session H. R. 4139 
_______________________________________________________________________
IN THE SENATE OF THE UNITED STATES
May 24, 2016
Received; read twice and referred to the Committee on Banking, Housing, and Urban Affairs
_______________________________________________________________________
AN ACT 
To amend the Sarbanes-Oxley Act of 2002 to provide a temporary exemption for low-revenue issuers from certain auditor attestation requirements.
Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ``Fostering Innovation Act of 2015''.
SEC. 2. TEMPORARY EXEMPTION FOR LOW-REVENUE ISSUERS.
Section 404 of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7262) is amended by adding at the end the following:
``(d) Temporary Exemption for Low-Revenue Issuers.--
``(1) Low-revenue exemption.--Subsection (b) shall not
Regulations, or any successor thereto.''.
Passed the House of Representatives May 23, 2016.
Attest:
KAREN L. HAAS,
Clerk.
==References==
https://www.congress.gov/bill/115th-congress/house-bill/1645?q=%7B%22search%22%3A%5B%22fostering+innovation+act%22%5D%7D&r=1

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