GPO's PDF Display Congressional Record References Bill Summary & Status Printer Friendly Display - 6,968 bytes.[Help]

Stock Option Accounting Reform Act (Introduced in Senate)

S 1890 IS

108th CONGRESS

1st Session

S. 1890

To require the mandatory expensing of stock options granted to executive officers, and for other purposes.

IN THE SENATE OF THE UNITED STATES

November 19, 2003

Mr. ENZI (for himself, Mr. REID, Mr. ENSIGN, Mrs. BOXER, Mr. ALLEN, Mrs. MURRAY, Mr. ALLARD, Mr. BURNS, and Mr. SMITH) introduced the following bill; which was read twice and referred to the Committee on Banking, Housing, and Urban Affairs


A BILL

To require the mandatory expensing of stock options granted to executive officers, and for other purposes.

SECTION 1. SHORT TITLE.

SEC. 2. MANDATORY EXPENSING OF STOCK OPTIONS HELD BY HIGHLY COMPENSATED OFFICERS.

SEC. 3. PROHIBITION ON EXPENSING AND ECONOMIC IMPACT STUDY.