US SB392 | 2019-2020 | 116th Congress
Status
Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on February 7 2019 - 25% progression, died in committee
Action: 2019-02-07 - Read twice and referred to the Committee on the Budget.
Pending: Senate Budget Committee
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on February 7 2019 - 25% progression, died in committee
Action: 2019-02-07 - Read twice and referred to the Committee on the Budget.
Pending: Senate Budget Committee
Text: Latest bill text (Introduced) [PDF]
Summary
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.)
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] |
History
| Date | Chamber | Action |
|---|---|---|
| 2019-02-07 | Senate | Read twice and referred to the Committee on the Budget. |
Same As/Similar To
SB390 (Related) 2019-02-07 - Read twice and referred to the 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/116th-congress/senate-bill/392/all-info |
| Text | https://www.congress.gov/116/bills/s392/BILLS-116s392is.pdf |
