H.R.3332: Truth in Government Accounting Act of 2011

About This Bill

Bill Sponsor

Bill Cosponsors

2 (1 Democrat, 1 Republican)

Bill Summary

Truth in Government Accounting Act of 2011 - Requires the head of each federal agency to prepare for a fiscal year and submit to the Comptroller General (GAO) three quarterly and one annual consolidated financial statement based on the fair-value accrual accounting method. Requires such statement to include all future certain liabilities and all contingent liabilities that can be reasonably estimated, all liabilities that may require future...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the Committee on the Budget, and in addition to the Committee on Oversight and Government Reform, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Referred to House Budget
Referred to House Oversight and Government Reform
Nov. 3, 2011

Introduced in the House by Robert Dold (R-Ill.)

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