HR 607
111th Congress
House
Finance and Financial Sector
Accounting and auditing
Administrative law and regulatory procedures
Government information and archives
Securities
Securities and Exchange Commission (SEC)
To direct the Securities and Exchange Commission to issue guidance on the interpretation of fair value accounting.
Introduced: January 16, 2009
See on congress.gov
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 16, 2009
Referred to the House Committee on Financial Services.
Jan 16, 2009
Introduced in House
Plain-English summary
Directs the Securities and Exchange Commission (SEC) to issue guidance on the interpretation of the fair value accounting standards set forth by the Financial Accounting Standards Board (FASB), including the SEC interpretation and application of FASB Statement Number 157.
Requires the SEC to report to specified congressional committees on any FASB actions taken relating to the SEC recommendations submitted to Congress on December 30, 2008.
What's happening now
Referred to the House Committee on Financial Services.
Committees of jurisdiction
1
Cosponsors
1