US SB550 | 2015-2016 | 114th Congress
Status
Spectrum: Bipartisan Bill
Status: Introduced on February 24 2015 - 25% progression, died in committee
Action: 2015-02-24 - Read twice and referred to the Committee on the Budget.
Pending: Senate Budget Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 24 2015 - 25% progression, died in committee
Action: 2015-02-24 - Read twice and referred to the Committee on the Budget.
Pending: Senate Budget Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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. Makes any sequestration ordered by the President under the Balanced Budget and Emergency Deficit Control Act of 1985 (Gramm-Rudman-Hollings Act) inapplicable to funding of the standard setting body designated by the Securities and Exchange Commission to establish accounting principles "generally accepted" for securities laws.
Title
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.
Sponsors
Sen. Michael Enzi [R-WY] | Sen. Christopher Murphy [D-CT] |
History
Date | Chamber | Action |
---|---|---|
2015-02-24 | Senate | Read twice and referred to the Committee on the Budget. |
Same As/Similar To
HB1048 (Related) 2015-02-24 - Referred to the House Committee on the Budget.
Subjects
Accounting and auditing
Appropriations
Budget deficits and national debt
Finance and financial sector
Financial services and investments
Securities
Appropriations
Budget deficits and national debt
Finance and financial sector
Financial services and investments
Securities
US Congress State Sources
Type | Source |
---|---|
Summary | https://www.congress.gov/bill/114th-congress/senate-bill/550/all-info |
Text | https://www.congress.gov/114/bills/s550/BILLS-114s550is.pdf |