Bill116th CongressFiled Feb 7, 2019Finance and Financial Sector
S. 392
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.
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Under committee review
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What it doesSummary introduced in senate (Feb 7, 2019)
This bill provides that any sequestration ordered by the President 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 happenedFeb 7, 2019
Read twice and referred to the Committee on the Budget.
Who’s behind it
Sen. Enzi, Michael B. [R-WY](R-WY)Sponsor
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- Introduced in SenateFeb 7, 2019
- Feb 7, 2019IntroReferral
Read twice and referred to the Committee on the Budget.
Budget Committee - Feb 7, 2019IntroReferral10000
Introduced in Senate