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.
Bill Progress
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Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the Subcommittee on Telecommunications and Finance.(1993-06-03)
Plain Language Summary
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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