Bill115th CongressFiled May 10, 2018Finance and Financial Sector
S. 2818
A bill to clarify that funding for the standard setting body designated pursuant to section 19(b) of the Securities Act of 1933 is not subject to the sequester.
Bill journey · stage 2 of 5
Under committee review
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What it doesSummary introduced in senate (May 10, 2018)
This bill provides that any sequestration ordered by the President under the Balanced Budget and Emergency Deficit Control Act of 1985 is inapplicable to funding of the body that sets standards for generally accepted accounting principles for purposes of securities laws. (Sequestration is a process of automatic, usually across-the-board spending reductions under which budgetary resources are permanently cancelled to enforce specific budget policy goals.)
What just happenedMay 10, 2018
Read twice and referred to the Committee on the Budget.
Who’s behind it
Sen. Enzi, Michael B. [R-WY](R-WY)Sponsor
1 cosponsor1 D
1cosponsors1committees2actions5subjects
- Introduced in SenateMay 10, 2018
- May 10, 2018IntroReferral
Read twice and referred to the Committee on the Budget.
Budget Committee - May 10, 2018IntroReferral10000
Introduced in Senate