H.R. 1349 · 111th Congress
Federal Accounting Oversight Board Act of 2009
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Never voted on. It didn't reach a floor vote before the 111th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.
D
PerlmutterSponsor14 cosponsors · 9 D, 5 R
R
Lucas
AG
D
Green
MK
D
Kaptur
SK
D
Kosmas
JD
D
Donnelly
BB
R
Bilbray
SC
R
Capito
SK
D
Kagen
TC
D
Childers
LT
R
Terry
ND
D
Dicks
BS
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Shuster
DK
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Kildee
CM
D
Melancon1 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
Federal Accounting Oversight Board Act of 2009 - Establishes the Federal Accounting Oversight Board (FAOB) to approve and oversee accounting principles and standards for purposes of the federal financial regulatory agencies and the reporting requirements they require.
What it does: CRS summary · Introduced in House · Mar 5, 2009
Federal Accounting Oversight Board Act of 2009 - Establishes the Federal Accounting Oversight Board (FAOB) to approve and oversee accounting principles and standards for purposes of the federal financial regulatory agencies and the reporting requirements they require.
Directs the FAOB to report annually to Congress, the Financial Accounting Standards Board, and the International Accounting Standards Board on the principles and standards it has reviewed and approved
Amends the Securities Act of 1933 and the Securities Exchange Act of 1934 to transfer standard body oversight authority from the Securities and Exchange Commission (SEC) to the FAOB.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: Federal Accounting Oversight Board Act of 2009
Latest action (Mar 5, 2009): Referred to the House Committee on Financial Services.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Mar 5, 2009
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
No recorded floor vote found.