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H. Rept. 116-337 1 (2019-12-11)

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116TH CONGRESS I
   1st Session  J HOUSE OF REPRESENTATIVES


   CORPORATE





DECEMBER 11, 2019.-


MANAGEMENT ACCOUNTABILITY ACT OF
              2019



-Committed to the Committee of the Whole House on the State
of the Union and ordered to be printed


      Ms. WATERS, from the Committee on Financial Services,
                      submitted the following


                         REPORT

                           together with

                        MINORITY VIEWS

                        [To accompany H.R. 4320]

          [Including cost estimate of the Congressional Budget Office]

  The Committee on Financial Services, to whom was referred the
bill (H.R. 4320) to ensure that irresponsible corporate executives,
rather than shareholders, pay fines and penalties, having consid-
ered the same, report favorably thereon with an amendment and
recommend that the bill as amended do pass.
                             CONTENTS
                                                                 Page
Purpose and Sum m ary   ...........................................................................................  2
Background    and  Need  for  Legislation  ...................................................................  2
Section-by-Section   A nalysis  ................................................................................... .  3
H e arin g s  ...................................................................................................................  4
C om m ittee  C onsideration  .......................................................................................  4
C om m ittee  V otes  ......................................................................................................  4
Statement of Oversight Findings and Recommendations of the Committee ...... 7
Statement of Performance Goals and Objectives         ..................................................  7
New Budget Authority and CBO Cost Estimate ..................................................  7
Com m ittee  Cost  E stim ate  .......................................................................................  8
U nfunded M andate  Statem  ent  ..............................................................................  9
A dvisory  C om m ittee  ...............................................................................................  9
Application of Law to the Legislative Branch       ......................................................  9
E arm ark  Statem ent   ................................................................................................ .  9
Duplication  of  Federal Program   s  ...........................................................................  9
Changes to  E xisting  L aw   .......................................................................................  9
   99-006


AUTHENTICATEO
U.S. GOVERNMENT
INFORMATION
       Op


REPORT
116-337