There is one summary for this bill. Bill summaries are authored by CRS.

Shown Here:
Introduced in House (09/27/2008)

Fair Value Accounting Standards Reform Act of 2008 - Directs the Securities and Exchange Commission, upon enactment of an Act or Joint Resolution in 2008 providing for the economic recovery of financial institutions, to revise by rule, regulation, or order the application of fair value accounting, including Statement Number 157 of the Financial Accounting Standards Board, to any financial institution.