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- H.R.607
H.R.607: To direct the Securities and Exchange Commission to issue guidance on the interpretation of fair value accounting.
About This Bill
- This bill was introduced in the 111th Congress
- This bill is primarily about finance and financial sector
- Introduced Jan. 16, 2009
- Latest Major Action Jan. 16, 2009
Bill Sponsor
Bill Cosponsors
4 (All Republicans)
Bill Summary
Directs the Securities and Exchange Commission (SEC) to issue guidance on the interpretation of the fair value accounting standards set forth by the Financial Accounting Standards Board (FASB), including the SEC interpretation and application of FASB Statement Number 157. Requires the SEC to report to specified congressional committees on any FASB actions taken relating to the SEC recommendations submitted to Congress on December 30, 2008.
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
|
Referred to the House Committee on Financial Services.
|
|
| Jan. 16, 2009 |
Introduced in the House by Gary G. Miller (R-Calif.) |