More on Kerry's Sarbox relief proposal

John Kerry's small business Sarbox relief bill looks like a nonstarter. Given Congress's break until the elections and then a lame-duck session, the bill doesn't have much of a shot. Kerry's proposal offers two relief measures: The Small Business Administration would be given authority to award $5 million a year in federal grants to small businesses, and a task force would report to Congress about on-going relief measures. Most people are underwhelmed. Rather than throw money at the problem and issue more reports, why not change the law? Most small businesses would simply like section 404 amended. Obviously, Sarbanes-Oxley compliance issues are not going away from small business. You'll hear more about it. But you likely will not hear more about Kerry's bill.

For more on the bill:
- Here's an article from CFO.com