S 2525
103th Congress
Senate
Finance and Financial Sector
Accounting
Administrative procedure
Financial statements
Government Operations and Politics
Independent regulatory commissions
Securities
Securities and Exchange Commission
Securities regulation
Standards
Accounting Standards Reform Act of 1994
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
Ask about this bill
Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.
Plain-English summary
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.
What's happening now
Read twice and referred to the Committee on Banking.
Bill text
1 version
- Introduced in Senate Formatted Text PDF
Committees of jurisdiction
1
Cosponsors
1
Cite this page
U.S. Congress. (2026). S. 2525: Accounting Standards Reform Act of 1994. 103rd Congress. Open America. https://openamerica.io/bill/103-S-2525/
"S. 2525: Accounting Standards Reform Act of 1994." 103rd Congress, 2026, Open America, https://openamerica.io/bill/103-S-2525/.
S. 2525, 103rd Cong. (2026), https://openamerica.io/bill/103-S-2525/.
[S. 2525: Accounting Standards Reform Act of 1994](https://openamerica.io/bill/103-S-2525/)