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HR 1349 111th Congress House Finance and Financial Sector Accounting and auditing Administrative law and regulatory procedures Administrative remedies Bank accounts, deposits, capital Banking and financial institutions regulation Department of the Treasury Executive agency funding and structure Federal Deposit Insurance Corporation (FDIC) Federal Reserve System Government information and archives Licensing and registrations National Credit Union Administration Securities and Exchange Commission (SEC) User charges and fees

Federal Accounting Oversight Board Act of 2009

Introduced: March 24, 2009 See on congress.gov
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This bill died when the 111th Congress ended
It never became law before the 111th Congress (2009–2010) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Mar 5, 2009
Referred to the House Committee on Financial Services.
Mar 5, 2009
Introduced in House
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 Plain-English summary Congressional Research Service

Federal Accounting Oversight Board Act of 2009 - Establishes the Federal Accounting Oversight Board (FAOB) to approve and oversee accounting principles and standards for purposes of the federal financial regulatory agencies and the reporting requirements they require.

Directs the FAOB to report annually to Congress, the Financial Accounting Standards Board, and the International Accounting Standards Board on the principles and standards it has reviewed and approved

Amends the Securities Act of 1933 and the Securities Exchange Act of 1934 to transfer standard body oversight authority from the Securities and Exchange Commission (SEC) to the FAOB.

What's happening now March 5, 2009

Referred to the House Committee on Financial Services.

 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 7
All 7 Democratic 2 Republican 2
Childers, Travis
· Apr 1, 2009
 R
Capito, Shelley Moore
West Virginia · Mar 24, 2009
Kagen, Steve
· Mar 24, 2009
 D
Green, Al
Texas · Mar 11, 2009
 D
Kaptur, Marcy
Ohio · Mar 11, 2009
Kosmas, Suzanne
· Mar 11, 2009
 R
Lucas, Frank D.
Oklahoma · Mar 5, 2009
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1349: Federal Accounting Oversight Board Act of 2009. 111th Congress. Open America. https://openamerica.io/bill/111-HR-1349/
MLA
"H.R. 1349: Federal Accounting Oversight Board Act of 2009." 111th Congress, 2026, Open America, https://openamerica.io/bill/111-HR-1349/.
Bluebook (legal)
H.R. 1349, 111th Cong. (2026), https://openamerica.io/bill/111-HR-1349/.
Markdown link
[H.R. 1349: Federal Accounting Oversight Board Act of 2009](https://openamerica.io/bill/111-HR-1349/)
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