PoliticalRepoPoliticalRepo

United States · Bill · HR

H.R. 5048 (107th)

Corporate Executive Responsibility Act of 2002

openUnited States· United States Congress· EN

Introduced

27 June 2002

Last action

4 September 2002 · Introduced

Status

Sponsor introductory remarks on measure. (CR E1484-1485)

Sponsors

Rep. Miller, George [D-CA-7], Rep. Shows, Ronnie [D-MS-4], Rep. Andrews, Robert E. [D-NJ-1], Rep. Doggett, Lloyd [D-TX-37], Barbara Lee, Rep. Mink, Patsy T. [D-HI-2], Grace Napolitano, Rep. Woolsey, Lynn C. [D-CA-6], JOHN CONYERS, Rep. Tierney, John F. [D-MA-6], Rep. Delahunt, Bill [D-MA-10], MICHAEL CAPUANO, Rep. Meehan, Martin T. [D-MA-5], Maxine Waters, Rep. Taylor, Gene [D-MS-5], Rep. Kleczka, Gerald D. [D-WI-4], Rep. Stark, Fortney Pete [D-CA-9], Rep. Schakowsky, Janice D. [D-IL-9], Sheila Jackson Lee, Rosa DeLauro, Rep. Sanchez, Loretta [D-CA-46], Rep. Nadler, Jerrold [D-NY-12], Rep. Solis, Hilda L. [D-CA-32], Rep. Abercrombie, Neil [D-HI-1], LOUISE SLAUGHTER, Rep. Owens, Major R. [D-NY-12], Sen. Sanders, Bernard [I-VT], Rep. Bonior, David E. [D-MI-12], Rep. Scott, Robert C. "Bobby" [D-VA-3]

Subjects

Discovery layer

Source updated

19 August 2025

Official sourceDownload fileView documentsShare

Summary

Corporate Executive Responsibility Act of 2002 - Mandates that every national securities exchange and national securities association adopt rules requiring qualitative listing standards for corporate governance of the exchange or association that prohibit loans or other extensions of credit to any corporate insider exceeding $50,000 in the aggregate. Requires the Securities and Exchange Commission to initiate proceedings to add such rules to the rules of such entities if they have not been adopted and made effective nine months after the date of enactment of this Act.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 27 June 2002

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 27 June 2002

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 27 June 2002

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 15 July 2002

    Referred

    Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.

    Source: Committee

  5. 4 September 2002

    Introduced

    Sponsor introductory remarks on measure. (CR E1484-1485)

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

View fileDownload file

Sponsors

Related records

No cross-record relationships stored yet.

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.