H.R.3165: Financial Accounting Fairness Act of 1998

About This Bill

  • This bill was introduced in the 105th Congress
  • This bill is primarily about law
  • Introduced Feb. 5, 1998
  • Latest Major Action Feb. 11, 1998

Bill Summary

Financial Accounting Fairness Act of 1998 - Amends the Securities Exchange Act of 1934 to prescribe guidelines under which the Securities and Exchange Commission (SEC) must review and approve accounting principles proposed by an accounting standards board as a prerequisite to SEC treatment of: (1) such proposals as generally accepted accounting principles; and (2) industry financial statements as being non-compliant with generally accepted...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Commerce.
Referred to the Subcommittee on Finance and Hazardous Materials.
Feb. 5, 1998

Introduced in the House by Richard Hugh Baker (R-La.)

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