HCONRES 98 · 103th Congress · Finance and Financial Sector

Expressing the sense of the Congress regarding the accounting standards proposed by the Financial Accounting Standards Board.

Introduced 1993-05-11· Sponsored by Rep. Eshoo, Anna G. [D-CA-14]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the Subcommittee on Telecommunications and Finance.(1993-06-03)

Plain Language Summary

[AI summary unavailable — showing source text] Expresses the sense of the Congress that: (1) the accounting standards proposed by the Financial Accounting Standards Board will have grave economic consequences, particularly for businesses in new-growth sectors; and (2) the Board should not change the current accounting rules by requiring that businesses deduct from profits the value of stock options.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (20)

18 Democrats2 Republicans