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S.1780: A bill to clarify that funding for the standard setting body designated pursuant to section 19(b) of the Securities Act of 1933, the Securities Investor Protection Corporation, and the Public Company Accounting Oversight Board is not subject to the sequester.

About this Bill

This bill was introduced in the 113th Congress
This bill is primarily about finance and financial sector
You can read the bill
Sponsor Michael B. Enzi, R-Wyo.
Total Cosponsors 1 (All Democrats)
Introduced Dec. 9, 2013
Latest Major Action Dec. 9, 2013
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Bill Progress

  • Bill introduced in the Senate   
  • Bill passed in the Senate   
  • Bill passed in the House   
  • Bill signed into law

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 Security Exchange Commission (SEC) (which establishes accounting principles "generally accepted" for securities laws),
  • the Securities Investor Protection Corporation, or
  • the Public Company Accounting Oversight Board.

(Source: Congressional Research Service)

Bill Actions

Date Description
Dec. 9, 2013 Read twice and referred to the Committee on the Budget.