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United States · Bill · HR

H.R. 1349 (111th)

Federal Accounting Oversight Board Act of 2009

referredUnited States· United States Congress· EN

Introduced

5 March 2009

Last action

5 March 2009 · Introduced

Status

Referred to the House Committee on Financial Services.

Sponsors

Ed Perlmutter, Frank Lucas, Rep. Kosmas, Suzanne M. [D-FL-24], Marcy Kaptur, Al Green, Sen. Donnelly, Joe [D-IN], Rep. Kagen, Steve [D-WI-8], Rep. Bilbray, Brian P. [R-CA-50], Shelley Capito, Rep. Childers, Travis [D-MS-1], Rep. Terry, Lee [R-NE-2], Rep. Dicks, Norman D. [D-WA-6], Bill Shuster, Rep. Kildee, Dale E. [D-MI-7], Rep. Melancon, Charlie [D-LA-3]

Subjects

Discovery layer

Source updated

14 August 2025

Summary

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.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 5 March 2009

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 5 March 2009

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 5 March 2009

    Introduced

    Introduced in House

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in House (text)

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Sponsors

Related records

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Sources

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