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legislation: 107-hr-5058

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
107-hr-5058 107 hr 5058 Financial Accounting Standards Board Act Finance and Financial Sector 2002-06-27 2002-07-10 Forwarded by Subcommittee to Full Committee (Amended). House Rep. Stearns, Cliff [R-FL-6] FL R S000822 8 Financial Accounting Standards Board Act - States that the duty of the Financial Accounting Standards Board (FASB) is to establish and improve standards of financial accounting and reporting.Cites general principles and operating objectives to be followed when establishing financial accounting and reporting standards.Instructs the FASB to develop additional standards relating to: (1) off-balance-sheet accounting practices and standards, and accounting requirements for special-purpose entities, in a manner that is based on principles for determining bona fide economic control; and (2) marked-to-market accounting, including consideration of fair value to agreements involving commitments on the part of an issuer.Instructs the FASB to complete work on: (1) the project entitled "Measuring All Financial Assets and Liabilities at Fair Value;" and (2) the proposal entitled "Proposal for new agenda project: Issues relating to the recognition of revenues and liabilities." 2025-08-19T17:29:22Z https://www.congress.gov/bill/107th-congress/house-bill/5058

Links from other tables

  • 6 rows from bill_id in legislation_actions
  • 19 rows from bill_id in legislation_subjects
  • 8 rows from bill_id in legislation_cosponsors
  • 0 rows from bill_id in cbo_cost_estimates
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