US Congress House Bill 1349 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Democrat 10-5)
Status: Introduced on March 5 2009 - 25% progression, died in committee
Action: 2009-03-05 - Referred to the House Committee on Financial Services.
Pending: House Financial Services Committee
Text: Latest bill text (Introduced) [PDF]

Federal Accounting Oversight Board Act of 2009 - Establishes the Federal Accounting Oversight Board (FAOB) to approve and oversee accounting principles and standards for purposes of the federal financial regulatory agencies and the reporting requirements they require. Directs the FAOB to report annually to Congress, the Financial Accounting Standards Board, and the International Accounting Standards Board on the principles and standards it has reviewed and approved Amends the Securities Act of 1933 and the Securities Exchange Act of 1934 to transfer standard body oversight authority from the Securities and Exchange Commission (SEC) to the FAOB.

Federal Accounting Oversight Board Act of 2009

Rep. Brian Bilbray [R-CA]	Sen. Shelley Capito [R-WV]	Rep. Travis Childers [D-MS]	Rep. Norman Dicks [D-WA]
Sen. Joe Donnelly [D-IN]	Rep. Al Green [D-TX]	Rep. Steve Kagen [D-WI]	Rep. Marcy Kaptur [D-OH]
Rep. Dale Kildee [D-MI]	Rep. Suzanne Kosmas [D-FL]	Rep. Frank Lucas [R-OK]	Rep. Charlie Melancon [D-LA]
Rep. Ed Perlmutter [D-CO]	Rep. Bill Shuster [R-PA]	Rep. Lee Terry [R-NE]

Date	Chamber	Action
2009-03-05		Referred to the House Committee on Financial Services.

Type	Source
Summary	https://www.congress.gov/bill/111th-congress/house-bill/1349/all-info
Text	https://www.congress.gov/111/bills/hr1349/BILLS-111hr1349ih.pdf