SRES 412 · 108th Congress · Finance and Financial Sector

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

Introduced 2004-07-20· Sponsored by Sen. Fitzgerald, Peter [R-IL]· Senate

Bill Progress

Introduced
2
Committee
3
Senate Vote
4
House
5
Enacted
Latest: Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8485)(2004-07-20)

Plain Language Summary

[AI summary unavailable — showing source text] 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.…

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

Cosponsors (3)

2 Democrats1 Republican