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S.Res. 412 · 108th Congress

A resolution expressing the sense of the Senate regarding the importance of maintaining the independence and…

Full title

A resolution expressing the sense of the Senate regarding the importance of maintaining the independence and integrity of the Financial Accounting Standards Board.

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 108th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

3 cosponsors · 2 D, 1 R

3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.

Declares that the Senate: (1) should continue to recognize and support the integrity and independence of the accounting standard setting process of the Financial Accounting Standards Board; (2) should not interfere with the Board's independence; and (3) should not dictate accounting standards to the Board for stock-based compensation or for any other…

What it does: CRS summary · Introduced in Senate · Jul 20, 2004

Declares that the Senate: (1) should continue to recognize and support the integrity and independence of the accounting standard setting process of the Financial Accounting Standards Board; (2) should not interfere with the Board's independence; and (3) should not dictate accounting standards to the Board for stock-based compensation or for any other financial accounting issue.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: A resolution expressing the sense of the Senate regarding the importance of maintaining the independence and integrity of the Financial Accounting Standards Board.

Latest action (Jul 20, 2004): Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8485)

Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Jul 20, 2004

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.