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    <number>4678</number>
    <updateDate>2023-01-11T13:26:28Z</updateDate>
    <updateDateIncludingText>2023-01-11T13:26:28Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2014-05-20</introducedDate>
    <congress>113</congress>
    <constitutionalAuthorityStatementText><![CDATA[<pre>From the Congressional Record Online through the Government Publishing Office [<a href='http://www.gpo.gov'>www.gpo.gov</a>]By Mr. RENACCI:H.R. 4678.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 18: The Congress shall havePower to make all Laws which shall be necessary and properfor carrying into Execution the foregoing Powers, and allother Powers vested by the Constitution in the Government ofthe United States, or in any Department or Officer thereof.Article 1, Section 9, Clause 7: No Money shall be drawnfrom the Treasury, but in Consequence of Appropriations madeby Law; and a regular Statement and Account of the Receiptsand Expenditures of all public Money shall be published fromtime to time.[Page H4684]</pre>]]></constitutionalAuthorityStatementText>
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        <chamber>House</chamber>
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            <name>Referred to</name>
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        <text>Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
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        <text>Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
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        <fullName>Rep. Renacci, James B. [R-OH-16]</fullName>
        <firstName>James</firstName>
        <lastName>Renacci</lastName>
        <party>R</party>
        <state>OH</state>
        <middleName>B.</middleName>
        <district>16</district>
        <isByRequest>N</isByRequest>
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        <fullName>Rep. Carney, John C., Jr. [D-DE-At Large]</fullName>
        <firstName>John</firstName>
        <lastName>Carney</lastName>
        <party>D</party>
        <state>DE</state>
        <middleName>C.</middleName>
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        <bioguideId>O000169</bioguideId>
        <fullName>Rep. Owens, William L. [D-NY-21]</fullName>
        <firstName>William</firstName>
        <lastName>Owens</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>L.</middleName>
        <district>21</district>
        <sponsorshipDate>2014-05-20</sponsorshipDate>
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        <bioguideId>K000376</bioguideId>
        <fullName>Rep. Kelly, Mike [R-PA-3]</fullName>
        <firstName>Mike</firstName>
        <lastName>Kelly</lastName>
        <party>R</party>
        <state>PA</state>
        <district>3</district>
        <sponsorshipDate>2014-05-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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        <bioguideId>J000295</bioguideId>
        <fullName>Rep. Joyce, David P. [R-OH-14]</fullName>
        <firstName>David</firstName>
        <lastName>Joyce</lastName>
        <party>R</party>
        <state>OH</state>
        <middleName>P.</middleName>
        <district>14</district>
        <sponsorshipDate>2014-05-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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      <item>
        <bioguideId>C001064</bioguideId>
        <fullName>Rep. Campbell, John [R-CA-45]</fullName>
        <firstName>John</firstName>
        <lastName>Campbell</lastName>
        <party>R</party>
        <state>CA</state>
        <district>45</district>
        <sponsorshipDate>2014-05-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001275</bioguideId>
        <fullName>Rep. Bucshon, Larry [R-IN-8]</fullName>
        <firstName>Larry</firstName>
        <lastName>Bucshon</lastName>
        <party>R</party>
        <state>IN</state>
        <district>8</district>
        <sponsorshipDate>2014-05-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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        <bioguideId>W000806</bioguideId>
        <fullName>Rep. Webster, Daniel [R-FL-10]</fullName>
        <firstName>Daniel</firstName>
        <lastName>Webster</lastName>
        <party>R</party>
        <state>FL</state>
        <district>10</district>
        <sponsorshipDate>2014-05-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
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        <bioguideId>R000587</bioguideId>
        <fullName>Rep. Ribble, Reid J. [R-WI-8]</fullName>
        <firstName>Reid</firstName>
        <lastName>Ribble</lastName>
        <party>R</party>
        <state>WI</state>
        <middleName>J.</middleName>
        <district>8</district>
        <sponsorshipDate>2014-05-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
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        <bioguideId>K000381</bioguideId>
        <fullName>Rep. Kilmer, Derek [D-WA-6]</fullName>
        <firstName>Derek</firstName>
        <lastName>Kilmer</lastName>
        <party>D</party>
        <state>WA</state>
        <district>6</district>
        <sponsorshipDate>2014-05-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C000754</bioguideId>
        <fullName>Rep. Cooper, Jim [D-TN-5]</fullName>
        <firstName>JAMES</firstName>
        <lastName>COOPER</lastName>
        <party>D</party>
        <state>TN</state>
        <middleName>H.</middleName>
        <district>5</district>
        <sponsorshipDate>2014-05-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001062</bioguideId>
        <fullName>Rep. Conaway, K. Michael [R-TX-11]</fullName>
        <firstName>K.</firstName>
        <lastName>Conaway</lastName>
        <party>R</party>
        <state>TX</state>
        <middleName>Michael</middleName>
        <district>11</district>
        <sponsorshipDate>2014-05-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>S001187</bioguideId>
        <fullName>Rep. Stivers, Steve [R-OH-15]</fullName>
        <firstName>Steve</firstName>
        <lastName>Stivers</lastName>
        <party>R</party>
        <state>OH</state>
        <district>15</district>
        <sponsorshipDate>2014-05-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>D000620</bioguideId>
        <fullName>Rep. Delaney, John K. [D-MD-6]</fullName>
        <firstName>John</firstName>
        <lastName>Delaney</lastName>
        <party>D</party>
        <state>MD</state>
        <middleName>K.</middleName>
        <district>6</district>
        <sponsorshipDate>2014-05-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>W000800</bioguideId>
        <fullName>Rep. Welch, Peter [D-VT-At Large]</fullName>
        <firstName>Peter</firstName>
        <lastName>Welch</lastName>
        <party>D</party>
        <state>VT</state>
        <district>0</district>
        <sponsorshipDate>2014-05-20</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>J000290</bioguideId>
        <fullName>Rep. Jenkins, Lynn [R-KS-2]</fullName>
        <firstName>Lynn</firstName>
        <lastName>Jenkins</lastName>
        <party>R</party>
        <state>KS</state>
        <district>2</district>
        <sponsorshipDate>2014-05-29</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>R000592</bioguideId>
        <fullName>Rep. Rokita, Todd [R-IN-4]</fullName>
        <firstName>Todd</firstName>
        <lastName>Rokita</lastName>
        <party>R</party>
        <state>IN</state>
        <district>4</district>
        <sponsorshipDate>2014-06-26</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001092</bioguideId>
        <fullName>Rep. Collins, Chris [R-NY-27]</fullName>
        <firstName>Chris</firstName>
        <lastName>Collins</lastName>
        <party>R</party>
        <state>NY</state>
        <district>27</district>
        <sponsorshipDate>2014-07-08</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
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        <bioguideId>J000292</bioguideId>
        <fullName>Rep. Johnson, Bill [R-OH-6]</fullName>
        <firstName>Bill</firstName>
        <lastName>Johnson</lastName>
        <party>R</party>
        <state>OH</state>
        <district>6</district>
        <sponsorshipDate>2014-07-24</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>G000563</bioguideId>
        <fullName>Rep. Gibbs, Bob [R-OH-7]</fullName>
        <firstName>Bob</firstName>
        <lastName>Gibbs</lastName>
        <party>R</party>
        <state>OH</state>
        <district>7</district>
        <sponsorshipDate>2014-07-24</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
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    <policyArea>
      <name>Government Operations and Politics</name>
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          <name>Accounting and auditing</name>
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          <name>Administrative law and regulatory procedures</name>
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          <name>Advisory bodies</name>
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          <name>Congressional oversight</name>
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    <summaries>
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        <versionCode>00</versionCode>
        <actionDate>2014-05-20</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2014-07-23T19:09:42Z</updateDate>
        <text><![CDATA[ <p>Federal Financial Statement Transparency Act of 2014 - Establishes in the executive branch an independent Federal Accounting Standards Advisory Board (FASAB) to develop federal financial accounting concepts or standards, giving consideration to the budgetary information needs of executive agencies and the needs of users of federal financial information.</p> <p>Directs the Secretary of the Treasury to establish a FASAB operations fund to enable the FASAB to carry out its duties.</p> <p>Requires the Secretary to assess a fee on each sale of a security for deposit into the fund.</p>]]></text>
      </summary>
    </summaries>
    <title>Federal Financial Statement Transparency Act of 2014</title>
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        <titleType>Display Title</titleType>
        <title>Federal Financial Statement Transparency Act of 2014</title>
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        <titleType>Official Title as Introduced</titleType>
        <title>To establish the Federal Accounting Standards Advisory Board as an independent establishment to develop Federal financial accounting concepts and standards and provide guidance to users of Federal financial information, and for other purposes.</title>
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        <title>Federal Financial Statement Transparency Act of 2014</title>
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        <type>Introduced in House</type>
        <date>2014-05-20T04:00:00Z</date>
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    <latestAction>
      <actionDate>2014-05-20</actionDate>
      <text>Referred to the Committee on Oversight and Government Reform, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.</text>
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    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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