H.CON.RES.98: Expressing the sense of the Congress regarding the accounting standards proposed by the Financial Accounting Standards Board.

About This Bill

  • Introduced May 11, 1993
  • Latest Major Action June 3, 1993

Bill Cosponsors

84 (54 Democrats, 30 Republicans)

Bill Summary

Expresses the sense of the Congress that: (1) the accounting standards proposed by the Financial Accounting Standards Board will have grave economic consequences, particularly for businesses in new-growth sectors; and (2) the Board should not change the current accounting rules by requiring that businesses deduct from profits the value of stock options.

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Energy and Commerce.
Referred to the Subcommittee on Telecommunications and Finance.
May 11, 1993

Introduced in the House by Anna G. Eshoo (D-Calif.)

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