S.2460: Shareholder Bill of Rights Act

About This Bill

  • This bill was introduced in the 107th Congress
  • This bill is primarily about taxation
  • Introduced May 6, 2002
  • Latest Major Action May 6, 2002

Bill Sponsor

Bill Summary

Shareholder Bill of Rights Act - Amends the Securities Act of 1933 to authorize the Securities and Exchange Commission (SEC) to: (1) delegate its authority to issue financial accounting and reporting standards to an independent, nongovernmental organization (such as the Financial Accounting Standards Board); and (2) require issuers to comply with the standards issued by such organization.Prescribes guidelines to ensure an independent source of...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 6, 2002

Introduced in the Senate by Carl Levin (D-Mich.)

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