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SRES 412 108th Congress Senate Finance and Financial Sector Accounting Commerce Corporate accountability Corporate finance Employee stock options Labor and Employment Standards

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

Introduced: July 20, 2004 See on congress.gov
This resolution expired with the 108th Congress
It was not agreed to before the 108th Congress (2003–2004) adjourned, so it is no longer active. 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
Agreed to (Senate)
Jul 20, 2004
Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8485)
Jul 20, 2004
Sponsor introductory remarks on measure. (CR S8485-8487)
Jul 20, 2004
Introduced in Senate
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 Plain-English summary Congressional Research Service

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.

What's happening now July 20, 2004

Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8485)

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
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APA
U.S. Congress. (2026). S. Res. 412: A resolution expressing the sense of the Senate regarding the importance of maintaining the independence and integrity of the Financial Accounting Standards Board.. 108th Congress. Open America. https://openamerica.io/bill/108-SRES-412/
MLA
"S. Res. 412: A resolution expressing the sense of the Senate regarding the importance of maintaining the independence and integrity of the Financial Accounting Standards Board.." 108th Congress, 2026, Open America, https://openamerica.io/bill/108-SRES-412/.
Bluebook (legal)
S. Res. 412, 108th Cong. (2026), https://openamerica.io/bill/108-SRES-412/.
Markdown link
[S. Res. 412: A resolution expressing the sense of the Senate regarding the importance of maintaining the independence and integrity of the Financial Accounting Standards Board.](https://openamerica.io/bill/108-SRES-412/)
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