Congressional Research Service Reports - 87 Matching Results

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Auditing and Accounting Reform Proposals: A Side-by-Side Comparison

Description: This report compares the major provisions of three auditor and accounting reform proposals: two versions of H.R. 3763 (as passed by the House on April 24, 2002, and by the Senate on July 15, 2002), and proposed rules that the U.S. Securities and Exchange Commission (SEC) published on June 26th under its existing authority. H.R. 3763, in its House and Senate versions, and the SEC proposal seek to restore confidence in corporate reporting by enhancing the oversight of financial accounting. All three proposals would create a new oversight body to regulate independent auditors (whose certification the law requires to be affixed to the annual reports of all publicly traded corporations).
Date: July 17, 2002
Creator: Jickling, Mark
Partner: UNT Libraries Government Documents Department

Consumer Bankruptcy and Household Debt

Description: Financial distress is most common among lower-income families, but its incidence has grown in all income brackets. This trend suggests that explanations for the rise in consumer bankruptcy filings are more likely to be found in micro-analysis of individuals and groups of debtors than in macroeconomic indicators. This report presents statistics on bankruptcy filings, household debt, and households in financial distress.
Date: February 8, 2002
Creator: Jickling, Mark
Partner: UNT Libraries Government Documents Department

Consumer Bankruptcy and Household Debt

Description: Financial distress is most common among lower-income families, but its incidence has grown in all income brackets. This trend suggests that explanations for the rise in consumer bankruptcy filings are more likely to be found in micro-analysis of individuals and groups of debtors than in macroeconomic indicators. This report presents statistics on bankruptcy filings, household debt, and households in financial distress.
Date: September 6, 2002
Creator: Jickling, Mark
Partner: UNT Libraries Government Documents Department

Comparison of Two Key Provisions in the Bankruptcy Reform Act Conference Report: The Homestead Exemption and Dischargeability of Liability for Abortion Clinic Violence

Description: This report examines two provisions in the Conference Report on the Bankruptcy Abuse Prevention and Consumer Protection Act of 2002, H.R. 107-617, 107th Cong., 2d Sess. (2002): the homestead exemption and dischargeability of liability for abortion clinic violence.
Date: July 30, 2002
Creator: Jeweler, Robin
Partner: UNT Libraries Government Documents Department

Campaign Finance Reform: A Legal Analysis of Issue and Express Advocacy

Description: Issue advocacy communications have become increasingly popular over the federal election cycles. Often these advertisements could be interpreted to favor or disfavor certain candidates, while also serving to inform the public about a policy issue. However, unlike communications that expressly advocate the election or defeat of a clearly identified candidate, the Supreme Court has ruled that issue ads are constitutionally protected First Amendment speech and cannot be regulated in any manner. According to most lower court rulings, only speech containing express words of advocacy of election or defeat, also known as “express advocacy” or “magic words” can be regulated as election-related communications and therefore be subject to the requirements of the Federal Election Campaign Act (FECA). Unlike express advocacy communications, therefore, issue ads may be paid for with funds unregulated by federal law, i.e., soft money
Date: March 15, 2002
Creator: Whitaker, L. Paige
Partner: UNT Libraries Government Documents Department

Electronic Payments and the U.S. Payments System

Description: This report provides a framework for understanding the paper-based and electronic components of the current U.S. payments system. It begins with a basic overview of the payments system, explaining the relative size and growth of various methods of payment. The report discusses paper-based payments and then examines the operations of wholesale and retail electronic payments. Finally, the report discusses some of the major policy issues concerning the regulation and supervision of electronic payments.
Date: June 27, 2002
Creator: Eubanks, Walter W. & Smale, Pauline
Partner: UNT Libraries Government Documents Department

Bipartisan Campaign Reform Act of 2002: Summary and Comparison with Previous Law

Description: The Bipartisan Campaign Reform Act of 2002 was enacted on March 27, 2002 as P.L. 107-155. It passed the House on February 14, 2002, as H.R. 2356 (Shays- Meehan), by a 240-189 vote. Its companion measure, on which it was largely based, had initially been passed by the Senate in 2001 as S. 27 (McCain-Feingold). On March 20, 2002, however, the Senate approved the House-passed H.R. 2356 by a 60- 40 vote, thus avoiding a conference to reconcile differences between S. 27 and H.R. 2356. The two primary features of P.L. 107-155 are restrictions on party soft money and issue advocacy.
Date: May 3, 2002
Creator: Cantor, Joseph E. & Whitaker, L. Paige
Partner: UNT Libraries Government Documents Department