S.550: 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.

About This Bill

Bill Summary

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.

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with S.550.

Bill Actions

Date Description
Feb. 24, 2015
Read twice and referred to the Committee on the Budget.
Feb. 24, 2015

Introduced in the Senate by Michael B. Enzi (R-Wyo.)

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