H.R. 7914 · 116th Congress
Eliminating CECL Accounting Standard Act
- Stage
- In committee
- Sponsor
- Blaine Luetkemeyer
- Introduced
- 2020-07-31
- Latest action
- 2020-07-31 · Introduced in House
Summary
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).