H.R.7190: Fair Value Accounting Standards Reform Act of 2008

About This Bill

  • Introduced Sept. 27, 2008
  • Latest Major Action Sept. 27, 2008

Bill Summary

Fair Value Accounting Standards Reform Act of 2008 - Directs the Securities and Exchange Commission, upon enactment of an Act or Joint Resolution in 2008 providing for the economic recovery of financial institutions, to revise by rule, regulation, or order the application of fair value accounting, including Statement Number 157 of the Financial Accounting Standards Board, to any financial institution.

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Financial Services.
Sept. 27, 2008

Introduced in the House by Gary G. Miller (R-Calif.)

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