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United States · Resolution · SRES

S.Res. 412 (108th)

A resolution expressing the sense of the Senate regarding the importance of maintaining the independence and integrity of the Financial Accounting Standards Board.

referredUnited States· United States Congress· EN

Introduced

20 July 2004

Last action

20 July 2004 · Introduced

Status

Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8485)

Sponsors

Sen. Fitzgerald, Peter [R-IL], Sen. Levin, Carl [D-MI], Sen. McCain, John [R-AZ], Sen. Durbin, Richard J. [D-IL]

Subjects

Discovery layer

Source updated

14 January 2025

Summary

Declares that the Senate: (1) should continue to recognize and support the integrity and independence of the accounting standard setting process of the Financial Accounting Standards Board; (2) should not interfere with the Board's independence; and (3) should not dictate accounting standards to the Board for stock-based compensation or for any other financial accounting issue.

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

Timeline

  1. 20 July 2004

    Introduced

    Referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S8485)

    Source: IntroReferral

  2. 20 July 2004

    Introduced

    Sponsor introductory remarks on measure. (CR S8485-8487)

    Source: IntroReferral

  3. 20 July 2004

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

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Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 20 July 2004

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 20 July 2004

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 20 July 2004

    Open at official source

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Sponsors

Related records

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Sources

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