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H.R. 5092 99th Congress House

Federal Accounting Practices Review Commission Act of 1986

Official title: A bill to establish a Federal Accounting Practices Review Commission.

Introduced: June 25, 1986 See on congress.gov
Economics and Public Finance AccountingAdministrative procedureAdvisory bodiesFederal advisory bodies
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Government Operations and PoliticsStandards
This bill died when the 99th Congress ended
It never became law before the 99th Congress (1985–1986) 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
Jul 7, 1986
Referred to Subcommittee on Legislation and National Security.
Jun 25, 1986
Referred to House Committee on Government Operations.
Jun 25, 1986
Introduced in House
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 Latest action July 7, 1986

Referred to Subcommittee on Legislation and National Security.

 Plain-English summary Congressional Research Service

Federal Accounting Practices Review Commission Act of 1986 - Title I: Title, Statement of Findings, Purpose and Limitations - Declares the reasons for, and purposes of, this Act.

Title II: Establishment, Duties, and Membership - Establishes the Federal Accounting Practices Review Commission to: (1) examine and describe the financial management practices of the Federal Government; (2) formulate a financial accounting and management system for Federal agencies; (3) prepare a plan for implementation of such system; and (4) recommend an ongoing method for determining and updating generally accepted accounting principles for the Government.

Title III: Administration - Sets forth the administrative staffing, procedures, and powers of the Commission.

Requires the Commission to submit a final report to the President and the Congress not later than 18 months after the date of completion of appointments of members to the Commission. Terminates the Commission 30 days after submission of such report.

Authorizes appropriations.

 Committees of jurisdiction 2
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APA
U.S. Congress. (2026). H.R. 5092: Federal Accounting Practices Review Commission Act of 1986. 99th Congress. Open America. https://openamerica.io/bill/99-HR-5092/
MLA
"H.R. 5092: Federal Accounting Practices Review Commission Act of 1986." 99th Congress, 2026, Open America, https://openamerica.io/bill/99-HR-5092/.
Bluebook (legal)
H.R. 5092, 99th Cong. (2026), https://openamerica.io/bill/99-HR-5092/.
Markdown link
[H.R. 5092: Federal Accounting Practices Review Commission Act of 1986](https://openamerica.io/bill/99-HR-5092/)
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