# 118-hr-2606: To require auditor independence standards of the Public Company Accounting Oversight Board and the Securities and Exchange Commission applicable to past audits of a company occurring before it was a public company to treat an auditor as independent if the auditor meets established professional standards, and for other purposes.

118-hr-2606, To require auditor independence standards of the Public Company Accounting Oversight Board and the Securities and Exchange Commission applicable to past audits of a company occurring before it was a public company to treat an auditor as independent if the auditor meets established professional standards, and for other purposes., is a 118th Congress bill sponsored by Rep. McHenry, Patrick T. [R-NC-10] (R-NC); status Referred to the House Committee on Financial Services. (as of 2026-10-15).

- Canonical: https://policyrisk.com/legislation/118-hr-2606
- As of: 2026-10-15
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 118-hr-2606
- Congress: 118
- Title: To require auditor independence standards of the Public Company Accounting Oversight Board and the Securities and Exchange Commission applicable to past audits of a company occurring before it was a public company to treat an auditor as independent if the auditor meets established professional standards, and for other purposes.
- Status: Referred to the House Committee on Financial Services.
- Introduced: 2023-04-13
- Sponsor: Rep. McHenry, Patrick T. [R-NC-10] (R-NC)
- Cosponsors: 0
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2026-10-15

## Summary

To require auditor independence standards of the Public Company Accounting Oversight Board and the Securities and Exchange Commission applicable to past audits of a company occurring before it was a public company to treat an auditor as independent if the auditor meets established professional standards, and for other purposes.

## Related bills

- 118-hr-3746: Fiscal Responsibility Act of 2023
- 118-hr-7218: BOLD Infrastructure for Alzheimer's Reauthorization Act of 2024
- 118-hr-5110: Protecting Hunting Heritage and Education Act
- 118-hr-82: Social Security Fairness Act of 2023
- 118-hres-1626: Expressing the profound regret and sorrow of the House of Representatives on the death of James Earl Carter, Jr., thirty-ninth President of the United States o…
- 118-hr-10293: To extend certain authorities under the Defense Production Act of 1950.

## Sources
- [118-hr-2606 on Congress.gov](https://www.congress.gov/bill/118th-congress/house-bill/2606)

## Related
- [118-hr-3746: Fiscal Responsibility Act of 2023](https://policyrisk.com/legislation/118-hr-3746)
- [118-hr-7218: BOLD Infrastructure for Alzheimer's Reauthorization Act of 2024](https://policyrisk.com/legislation/118-hr-7218)
- [118-hr-5110: Protecting Hunting Heritage and Education Act](https://policyrisk.com/legislation/118-hr-5110)
- [118-hr-82: Social Security Fairness Act of 2023](https://policyrisk.com/legislation/118-hr-82)
- [118-hres-1626: Expressing the profound regret and sorrow of the House of Representatives on th…](https://policyrisk.com/legislation/118-hres-1626)
- [118-hr-10293: To extend certain authorities under the Defense Production Act of 1950.](https://policyrisk.com/legislation/118-hr-10293)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/118-hr-2606 (as of 2026-10-15).