Quarterly Financial Reporting Reauthorization Act of 2015

Bill: 114-s-1868
Sponsor: full_name: Sen. Carper, Thomas R. [D-DE]
Introduced: 2015-07-27
Policy area: Commerce
Subjects: Business records

Census and government statistics

Corporate finance and management

Economic performance and conditions

Government information and archives
Latest action: action_date: 2015-10-22
text: Placed on Senate Legislative Calendar under General Orders. Calendar No. 277.

Summaries:
action_date: 2015-07-27
action_desc: Introduced in Senate
text: <p><strong>Quarterly Financial Reporting Reauthorization Act of 2015</strong></p> <p>This bill extends through FY2030 the authority of the Department of Commerce to conduct the quarterly financial report program under which it collects and publishes quarterly financial statistics of business operations, organization, practices, management, and relation to other businesses, including data on sales, expenses, assets, liabilities, and other measures of financial condition.</p>

action_date: 2015-10-22
action_desc: Reported to Senate with amendment(s)
text: <p><strong>Quarterly Financial Reporting Reauthorization Act of 2015</strong></p> <p>(Sec. 2) This bill extends through FY2030 the authority of the Department of Commerce to conduct the quarterly financial report program under which it collects and publishes quarterly financial statistics of business operations, organization, practices, management, and relation to other businesses, including data on sales, expenses, assets, liabilities, and other measures of financial condition.</p> <p>(Sec. 3) Commerce shall review and report to Congress on the data security procedures of the Bureau of the Census, including those implemented since the data breach of systems of the Office of Personnel Management that occurred during FY2015.</p>

tv_txt: II 114th CONGRESS 1st Session S. 1868 IN THE SENATE OF THE UNITED STATES July 27, 2015 Mr. Carper introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs A BILL To extend by 15 years the authority of the Secretary of Commerce to conduct the quarterly financial report program.

1. Short title This Act may be cited as the Quarterly Financial Reporting Reauthorization Act of 2015 . 2. Fifteen-year extension of authority for Secretary of Commerce to conduct the quarterly financial report programs Section 4(b) of the Act entitled An Act to amend title 13, United States Code, to transfer responsibility for the quarterly financial report from the Federal Trade Commission to the Secretary of Commerce, and for other purposes , approved January 12, 1983 ( 13 U.S.C. 91 note), is amended by striking 2015 and inserting 2030 .

tv_txt: II Calendar No. 277 114th CONGRESS 1st Session S. 1868 [Report No. 114–157] IN THE SENATE OF THE UNITED STATES July 27, 2015 Mr. Carper introduced the following bill; which was read twice and referred to the Committee on Homeland Security and Governmental Affairs October 22, 2015 Reported by Mr. Johnson , with an amendment Insert the part printed in italic A BILL To extend by 15 years the authority of the Secretary of Commerce to conduct the quarterly financial report program.

1. Short title This Act may be cited as the Quarterly Financial Reporting Reauthorization Act of 2015 . 2. Fifteen-year extension of authority for Secretary of Commerce to conduct the quarterly financial report programs Section 4(b) of the Act entitled An Act to amend title 13, United States Code, to transfer responsibility for the quarterly financial report from the Federal Trade Commission to the Secretary of Commerce, and for other purposes , approved January 12, 1983 ( 13 U.S.C. 91 note), is amended by striking 2015 and inserting 2030 . 3. Report on data security procedures of the Bureau of the Census (a) Review The Secretary of Commerce shall conduct a review of the data security procedures of the Bureau of the Census, including such procedures that have been implemented since that data breach of systems of the Office of Personnel Management that occurred during fiscal year 2015. (b) Report (1) Requirement Not later than 90 days after the date of the enactment of this Act, the Secretary shall submit to the Committee on Homeland Security and Governmental Affairs of the Senate and the Committee on Oversight and Government Reform of the House of Representatives a report on the review required by subsection (a). (2) Contents The report required by paragraph (1) shall— (A) identify all information systems of the Bureau of the Census that contain sensitive information; (B) described any actions carried out by the Secretary of Commerce or the Director of the Bureau of the Census to secure sensitive information that have been implemented since that data breach of systems of the Office of Personnel Management that occurred during fiscal year 2015; (C) identify any known data breaches of information systems of the Bureau of the Census that contain sensitive information; and (D) identify whether the Bureau of the Census stores any information that, if combined with other such information, would comprise classified information.

October 22, 2015 Reported with an amendment