HR 6726 · 118th Congress · Finance and Financial Sector
Responsible Accounting Standards Act of 2023
Bill Progress
✓
Introduced2
Committee3
House Vote4
Senate5
EnactedLatest: Referred to the House Committee on Financial Services.(2023-12-12)
Plain Language Summary
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Responsible Accounting Standards Act of 2023 This bill requires the standard-setting bodies of accounting principles to comply with provisions generally required of federal agencies, including those that apply to rulemaking procedures, cost benefit analysis of certain actions, and open meeting requirements. The standard-setting bodies must also testify annually before Congress.…
Summarized by Claude AI · Non-partisan · For informational purposes only