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S. 2525 103rd Congress Senate

Accounting Standards Reform Act of 1994

Official title: A bill to require a majority vote of the Securities and Exchange Commission for the adoption of accounting standards and principles used in the preparation of … Show full official titleShow less

Official title: A bill to require a majority vote of the Securities and Exchange Commission for the adoption of accounting standards and principles used in the preparation of financial statements required under the Securities Exchange Act of 1934.

Introduced: October 6, 1994 See on congress.gov
Finance and Financial Sector AccountingAdministrative procedureFinancial statementsGovernment Operations and Politics
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Independent regulatory commissionsSecuritiesSecurities and Exchange CommissionSecurities regulationStandards
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This bill died when the 103rd Congress ended
It never became law before the 103rd Congress (1993–1994) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 3 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Oct 6, 1994
Read twice and referred to the Committee on Banking.
Oct 6, 1994
Sponsor introductory remarks on measure. (CR S14507-14510)
Oct 6, 1994
Introduced in Senate
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 Latest action October 6, 1994

Read twice and referred to the Committee on Banking.

 Plain-English summary Congressional Research Service

Accounting Standards Reform Act of 1994 - Amends the Securities Exchange Act of 1934 to require an affirmative vote of the majority of a quorum of the Securities and Exchange Commission for either the adoption or modification of any accounting principle or standard.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Murray, Patty
Washington · Oct 6, 1994
Cite this page click to expand
APA
U.S. Congress. (2026). S. 2525: Accounting Standards Reform Act of 1994. 103rd Congress. Open America. https://openamerica.io/bill/103-S-2525/
MLA
"S. 2525: Accounting Standards Reform Act of 1994." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-S-2525/.
Bluebook (legal)
S. 2525, 103rd Cong. (2026), https://openamerica.io/bill/103-S-2525/.
Markdown link
[S. 2525: Accounting Standards Reform Act of 1994](https://openamerica.io/bill/103-S-2525/)
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