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Eliminating CECL Accounting Standard Act

USA116th CongressHR-7914| House 
| Updated: 7/31/2020
Blaine Luetkemeyer

Blaine Luetkemeyer

Republican Representative

Missouri

Financial Services Committee

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Eliminating CECL Accounting Standard Act This bill provides that no one shall be required to comply with a specified accounting standard applicable to credit losses (i.e., the current expected credit losses standard, also known as the CECL standard).
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Timeline
Jul 31, 2020
Introduced in House
Jul 31, 2020
Referred to the House Committee on Financial Services.
  • July 31, 2020
    Introduced in House
  • July 31, 2020
    Referred to the House Committee on Financial Services.

Finance and Financial Sector

Accounting and auditingBanking and financial institutions regulationCredit and credit markets

Eliminating CECL Accounting Standard Act

USA116th CongressHR-7914| House 
| Updated: 7/31/2020
Eliminating CECL Accounting Standard Act This bill provides that no one shall be required to comply with a specified accounting standard applicable to credit losses (i.e., the current expected credit losses standard, also known as the CECL standard).
View Full Text

Suggested Questions

Get AI-generated questions to help you understand this bill better

Timeline
Jul 31, 2020
Introduced in House
Jul 31, 2020
Referred to the House Committee on Financial Services.
  • July 31, 2020
    Introduced in House
  • July 31, 2020
    Referred to the House Committee on Financial Services.
Blaine Luetkemeyer

Blaine Luetkemeyer

Republican Representative

Missouri

Financial Services Committee

Finance and Financial Sector

  • Introduced
  • In Committee
  • On Floor
  • Passed Chamber
  • Enacted
Accounting and auditingBanking and financial institutions regulationCredit and credit markets