Summary: S.Con.Res.34 — 103rd Congress (1993-1994)All Information (Except Text)

There is one summary for S.Con.Res.34. Bill summaries are authored by CRS.

Shown Here:
Introduced in Senate (08/06/1993)

Expresses the sense of the Congress that: (1) the accounting standards proposed by the Financial Accounting Standards Board will have grave economic consequences, particularly for businesses in new-growth sectors, which rely heavily on entrepreneurship; and (2) the Board should not change the current accounting rules by requiring that businesses deduct the value of stock options from profits.