United States · Bill · HR
H.R. 4565 (116th)
Responsible Accounting Standards Act of 2019
Introduced
27 September 2019
Last action
—
Status
Referred to the House Committee on Financial Services.
Sponsors
—
Subjects
Discovery layer
Source updated
7 April 2025
Summary
Responsible Accounting Standards Act of 2019 This bill requires a standard setting body to meet certain requirements when establishing generally accepted accounting principles for purposes of securities laws. Specifically, the standard setting body must follow certain administrative procedures when adopting accounting principles. The Securities and Exchange Commission may recognize an accounting principle if the standard setting body considers the impact the accounting principle will have on the U.S. economy, market stability, and the availability of credit.
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Documents
3 official files
Introduced in House (text)
Introduced in House (text)
Introduced in House · EN · 27 September 2019
Introduced in House (PDF)
Introduced in House · EN · 27 September 2019
Introduced in House
summary · EN · 27 September 2019
Sponsors
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Sources
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- Official source: https://www.congress.gov/bill/116th-congress/house-bill/4565
- Open data entity: https://api.congress.gov/v3/bill/116/hr/4565