3.0.0 1890 2023-01-15T09:03:30Z 2023-01-15T09:03:30Z Senate S S 2003-11-19 108 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2003-11-19T22:23:07Z Stock Option Accounting Reform Act 108 3574 HR 2004-09-07 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Identical bill CRS Companion bill Senate 2003-11-19 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2003-11-19 Sponsor introductory remarks on measure. (CR S15188-15190) IntroReferral B00100 9 Library of Congress 2003-11-19 Introduced in Senate IntroReferral 10000 9 Library of Congress E000285 Sen. Enzi, Michael B. [R-WY] MICHAEL ENZI R WY B. N R000146 Sen. Reid, Harry [D-NV] HARRY REID D NV M. 2003-11-19 True E000194 Sen. Ensign, John [R-NV] JOHN ENSIGN R NV 2003-11-19 True B000711 Sen. Boxer, Barbara [D-CA] BARBARA BOXER D CA 2003-11-19 True A000121 Sen. Allen, George [R-VA] GEORGE ALLEN R VA F. 2003-11-19 True M001111 Sen. Murray, Patty [D-WA] Patty Murray D WA 2003-11-19 True A000109 Sen. Allard, Wayne [R-CO] A. ALLARD R CO WAYNE 2003-11-19 True B001126 Sen. Burns, Conrad R. [R-MT] CONRAD BURNS R MT R. 2003-11-19 True S001142 Sen. Smith, Gordon H. [R-OR] GORDON SMITH R OR H. 2003-11-19 True C000127 Sen. Cantwell, Maria [D-WA] Maria Cantwell D WA 2003-11-20 False C000880 Sen. Crapo, Mike [R-ID] Mike Crapo R ID 2003-11-25 False F000062 Sen. Feinstein, Dianne [D-CA] Dianne Feinstein D CA 2004-02-10 False W000154 Sen. Warner, John [R-VA] JOHN WARNER R VA WILLIAM 2004-02-25 False D000407 Sen. Domenici, Pete V. [R-NM] PETE DOMENICI R NM VICHI 2004-02-25 False N000102 Sen. Nickles, Don [R-OK] DONALD NICKLES R OK LEE 2004-02-25 False C001056 Sen. Cornyn, John [R-TX] John Cornyn R TX 2004-02-25 False B000611 Sen. Bond, Christopher S. [R-MO] CHRISTOPHER BOND R MO S. 2004-02-25 False T000024 Sen. Talent, Jim [R-MO] JIM TALENT R MO 2004-05-20 False B000468 Sen. Bingaman, Jeff [D-NM] JESSE BINGAMAN D NM FRANCIS 2004-05-20 False C000077 Sen. Campbell, Ben Nighthorse [R-CO] BEN CAMPBELL R CO NIGHTHORSE 2004-06-17 False I000024 Sen. Inhofe, James M. [R-OK] Jim Inhofe R OK 2004-06-18 False S000059 Sen. Santorum, Rick [R-PA] RICK SANTORUM R PA 2004-06-23 False M000702 Sen. Mikulski, Barbara A. [D-MD] BARBARA MIKULSKI D MD ANN 2004-07-09 False C000858 Sen. Craig, Larry E. [R-ID] LARRY CRAIG R ID EDWIN 2004-07-20 False H000338 Sen. Hatch, Orrin G. [R-UT] ORRIN HATCH R UT GRANT 2004-07-22 False S000770 Sen. Stabenow, Debbie [D-MI] Debbie Stabenow D MI 2004-07-22 False L000447 Sen. Lott, Trent [R-MS] CHESTER LOTT R MS TRENT 2004-09-15 False A000360 Sen. Alexander, Lamar [R-TN] Lamar Alexander R TN 2004-09-22 False C000567 Sen. Cochran, Thad [R-MS] Thad Cochran R MS 2004-09-27 False L000304 Sen. Lieberman, Joseph I. [D-CT] JOSEPH LIEBERMAN D CT I. 2004-09-27 False R000361 Sen. Rockefeller, John D., IV [D-WV] JAY ROCKEFELLER D WV 2004-10-08 False Taxation Commerce Corporation taxes Cost accounting Economic growth Economic impact statements Employee ownership Employee stock options Executive compensation Finance and Financial Sector Financial statements Foreign Trade and International Finance Government Operations and Politics Income tax Industrial research Information disclosure (Securities law) International competitiveness Labor and Employment New products Recruiting of employees Skilled labor Small business Standards Tax deductions Valuation Taxation 00 2003-11-19 Introduced in Senate 2003-12-30T19:48:03Z Stock Option Accounting Reform Act - Amends the Securities Exchange Act of 1934 to require an issuer of registered securities to show as an expense in its mandatory annual report the fair value of all stock purchase options granted to certain of its senior executive officers after December 31, 2004.

Exempts small business issuers from such requirement.

Amends the Securities Act of 1933 to require reporting of: (1) stock option expenses as a reduction of the total expense in the fiscal year in which they expire or are forfeited; and (2) as income any excess by which such reduction exceeds total option expenses for any fiscal year.

Requires any accounting principle recognized as "generally accepted" by the Securities and Exchange Commission (SEC) regarding the expensing of stock purchase options to comply with this Act. Denies recognition to any such accounting principle until the Secretaries of Commerce and of Labor complete a joint study on the economic impact of mandatory expensing of all employee stock options.

]]> Stock Option Accounting Reform Act Display Title Stock Option Accounting Reform Act Official Title as Introduced A bill to require the mandatory expensing of stock options granted to executive officers, and for other purposes. Introduced in Senate IS Short Titles as Introduced Stock Option Accounting Reform Act Introduced in Senate 2003-11-19T05:00:00Z 2003-11-19 Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.