Quarterly Financial Report Reauthorization Act

Bill: 114-hr-3116
Sponsor: full_name: Rep. Lieu, Ted [D-CA-33]
Introduced: 2015-07-20
Policy area: Commerce
Subjects: Business records

Census and government statistics

Corporate finance and management

Economic performance and conditions

Finance and Financial Sector

Government information and archives
Latest action: action_date: 2015-10-22
text: Became Public Law No: 114-72.

Summaries:
action_date: 2015-07-20
action_desc: Introduced in House
text: <p><strong>Quarterly Financial Report Reauthorization Act</strong></p> <p>Extends the authority of the Department of Commerce to conduct the quarterly financial report program through September 30, 2030, under which Commerce 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: 2015-07-29
action_desc: Reported to House without amendment
text: <p>(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)</p> <p><strong>Quarterly Financial Report Reauthorization Act</strong></p> <p>(Sec. 2) Extends the authority of the Department of Commerce to conduct the quarterly financial report program through September 30, 2030, under which Commerce 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: 2015-09-24
action_desc: Passed House without amendment
text: <p>(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)</p> <p><strong>Quarterly Financial Report Reauthorization Act</strong></p> <p>(Sec. 2) Extends the authority of the Department of Commerce to conduct the quarterly financial report program through September 30, 2030, under which Commerce 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: 2015-10-06
action_desc: Passed Senate amended
text: <p><strong>Quarterly Financial Report Reauthorization Act</strong></p> <p>(Sec. 2) This bill extends the authority of the Department of Commerce to conduct the quarterly financial report program through September 30, 2030, under which Commerce 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 must conduct and report to specified congressional committees on a review of the data security procedures of the Bureau of the Census. Such report shall:</p> <ul> <li>identify all Bureau information systems that contain sensitive information;</li> <li>describe any actions carried out by Commerce or the Bureau to secure sensitive information since the data breaches of Office of Personnel Management systems were announced in 2015; </li> <li>identify any known data breaches of Bureau information systems that contain sensitive information; and</li> <li>identify whether the Bureau stores any information that, if combined with other information, would comprise classified information.</li> </ul>

action_date: 2015-10-22
action_desc: Public Law
text: <p>(This measure has not been amended since it was passed by the Senate on October 6, 2015. The summary of that version is repeated here.)</p> <p>(Sec. 2) This bill extends the authority of the Department of Commerce to conduct the quarterly financial report program through September 30, 2030, under which Commerce 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 must conduct and report to specified congressional committees on a review of the data security procedures of the Bureau of the Census. Such report shall:</p> <ul> <li>identify all Bureau information systems that contain sensitive information;</li> <li>describe any actions carried out by Commerce or the Bureau to secure sensitive information since the data breaches of Office of Personnel Management systems were announced in 2015; </li> <li>identify any known data breaches of Bureau information systems that contain sensitive information; and</li> <li>identify whether the Bureau stores any information that, if combined with other information, would comprise classified information.</li> </ul>

tv_txt: I 114th CONGRESS 1st Session H. R. 3116 IN THE HOUSE OF REPRESENTATIVES July 20, 2015 Mr. Ted Lieu of California introduced the following bill; which was referred to the Committee on Oversight and Government Reform 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 Report Reauthorization Act . 2. Extension of authority for Secretary of Commerce to conduct quarterly financial report program 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 ( Public Law 97–454 ; 13 U.S.C. 91 note), is amended by striking 2015 and inserting 2030 .

tv_txt: IB Union Calendar No. 179 114th CONGRESS 1st Session H. R. 3116 [Report No. 114–237] IN THE HOUSE OF REPRESENTATIVES July 20, 2015 Mr. Ted Lieu of California introduced the following bill; which was referred to the Committee on Oversight and Government Reform July 29, 2015 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed 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 Report Reauthorization Act . 2. Extension of authority for Secretary of Commerce to conduct quarterly financial report program 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 ( Public Law 97–454 ; 13 U.S.C. 91 note), is amended by striking 2015 and inserting 2030 .

July 29, 2015 Committed to the Committee of the Whole House on the State of the Union and ordered to be printed

tv_txt: IB 114th CONGRESS 1st Session H. R. 3116 IN THE HOUSE OF REPRESENTATIVES AN ACT 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 Report Reauthorization Act . 2. Extension of authority for Secretary of Commerce to conduct quarterly financial report program 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 ( Public Law 97–454 ; 13 U.S.C. 91 note), is amended by striking 2015 and inserting 2030 .

Passed the House of Representatives September 24, 2015. Karen L. Haas, Clerk.

tv_txt: IIB 114th CONGRESS 1st Session H. R. 3116 IN THE SENATE OF THE UNITED STATES September 25, 2015 Received; read twice and referred to the Committee on Homeland Security and Governmental Affairs AN ACT 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 Report Reauthorization Act . 2. Extension of authority for Secretary of Commerce to conduct quarterly financial report program 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 ( Public Law 97–454 ; 13 U.S.C. 91 note), is amended by striking 2015 and inserting 2030 .

Passed the House of Representatives September 24, 2015. Karen L. Haas, Clerk

tv_txt: 114th CONGRESS 1st Session H.R. 3116 In the Senate of the United States, October 6, 2015. Amendment:

That the bill from the House of Representatives (H.R. 3116) entitled An Act to extend by 15 years the authority of the Secretary of Commerce to conduct the quarterly financial report program. , do pass with the following At the appropriate place, insert the following: 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 the data breaches of systems of the Office of Personnel Management were announced in 2015. (b) Report (1) Requirement Not later than 90 days after the date of the enactment of this Act, the Secretary of Commerce 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 the data breaches of systems of the Office of Personnel Management were announced in 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.

Secretary

tv_txt: IB One Hundred Fourteenth Congress of the United States of America At the First Session Begun and held at the City of Washington on Tuesday, the sixth day of January, two thousand and fifteen H. R. 3116 AN ACT 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 Report Reauthorization Act . 2. Extension of authority for Secretary of Commerce to conduct quarterly financial report program 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 ( Public Law 97–454 ; 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 the data breaches of systems of the Office of Personnel Management were announced in 2015. (b) Report (1) Requirement Not later than 90 days after the date of the enactment of this Act, the Secretary of Commerce 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 the data breaches of systems of the Office of Personnel Management were announced in 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.

Speaker of the House of Representatives. Vice President of the United States and President of the Senate.