HCONRES 98
103th Congress
House
Finance and Financial Sector
Accounting
Administrative procedure
Employee ownership
Employee stock options
Entrepreneurs
Financial statements
Profit
Standards
Expressing the sense of the Congress regarding the accounting standards proposed by the Financial Accounting Standards Board.
Introduced: May 11, 1993
See on congress.gov
Everywhere this bill has been
4 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 3, 1993
Referred to the Subcommittee on Telecommunications and Finance.
May 11, 1993
Sponsor introductory remarks on measure. (CR H2353)
May 11, 1993
Referred to the House Committee on Energy and Commerce.
May 11, 1993
Introduced in House
Plain-English summary
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.
What's happening now
Referred to the Subcommittee on Telecommunications and Finance.
Committees of jurisdiction
2