H.R. 9329

SEC Reform and Restructuring Act

Sponsor: Ann Wagner

4 cosponsors
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Text of the bill

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I SEC Regulatory Accountability

II SEC Transparency

III SEC Cybersecurity

IV Review the Expansion of Government

V Streamlining Public Company Accounting Oversight

Sec. 501. Transfer of Public Company Accounting Oversight Board to Securities and Exchange Commission Changed · Sep 3

Where this section came from

  1. Jun 18, 2026 · Introduced in House Referred to House Committee on Financial Services, Jun 18
  2. Sep 3, 2026 · Reported in House Marked up by House Committee on Financial Services, Jun 30 Reported by House Committee on Financial Services, Sep 3 Committee members' individual votes aren't in our records.
What changed in the text

… 2 unchanged passages …

(2) by striking the Board each place it appears and inserting the Office Commission ; (3) by striking The Board each place it appears and inserting The Office Commission ; and (4) by striking the Board’s each place it appears and inserting the Office Commission ’s.

… 3 unchanged passages …

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A markup is a committee meeting where members go through a bill and vote on changes before sending it to the full chamber.

(a) Global amendments. Except as otherwise provided under this title, title I of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7211 et seq.) is amended—

(1) in the title heading, by striking Public Company Accounting Oversight Board and inserting Office of Public Accounting Oversight;

(2) by striking the Board each place it appears and inserting the Commission;

(3) by striking The Board each place it appears and inserting The Commission; and

(4) by striking the Board’s each place it appears and inserting the Commission’s.

(b) Repeals. Sections 104, 105, and 107 of the Sarbanes-Oxley Act of 2002 (15 U.S.C. 7214; 15 U.S.C. 7215; 15 U.S.C. 7217) are repealed.

(c) References. Beginning on the date that is 2 years after the date of the enactment of this Act, any reference to the Public Company Accounting Oversight Board in any law, regulation, map, document, record, or other paper of the United States shall be deemed to be a reference to the Office of Public Accounting Oversight of the Office of the Chief Accountant of the Securities and Exchange Commission.

(d) Termination of existing Board. The Public Company Accounting Oversight Board shall terminate on the date that is 2 years after the date of the enactment of this Act.

VI Study Regarding Major Rules Issued by the Securities and Exchange Commission

VII Minimum public comment period

VIII Securities Enforcement Clarity

IX SEC Modernization