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H.R. 5405 · 109th Congress · 2005–2006

Competitive and Open Markets that Protect and Enhance the Treatment of Entrepreneurs Act

H.R. 5405 in the 109th Congress (2005–2006) was introduced on May 17, 2006, sponsored by Tom Feeney with 25 co-sponsors.

During the 109th Congress (2005–2006), George W. Bush was president, and Republicans held majorities in both the House and Senate.

Status
Introduced
Introduced
May 17, 2006
Co-sponsors
25
Policy area
Finance and Financial Sector

What it does

Competitive and Open Markets that Protect and Enhance the Treatment of Entrepreneurs Act, or the COMPETE Act - Amends the Sarbanes-Oxley Act of 2002 regarding the management assessment of internal controls in the annual report of each issuer of registered securities to require certain rules of the Securities and Exchange Commission (SEC) to permit a small public company to elect voluntarily not to provide in its annual report…

Summary by the nonpartisan Congressional Research Service.

Sponsor

Tom Feeney (R-FL). Co-sponsors: 1 Democrat, 24 Republicans.

Where it stands

  • IntroducedMay 17, 2006
  • Passed the House—
  • Passed the Senate—
  • Sent to the President—
  • Became law—

Latest action: Referred to the House Committee on Financial Services. (May 17, 2006)

More bills from Tom Feeney in the 109th Congress

Other Finance and Financial Sector bills in the 109th Congress

Committees

More

From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.

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Capitol Receipts, “H.R. 5405 (109th Congress): Competitive and Open Markets that…,” https://www.capitolreceipts.com/bill/109-hr-5405/competitive-and-open-markets-that-protect-and-enhance-the (accessed 2026-10-17).