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United States · Bill · S

S. 392 (116th)

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.

referredUnited States· United States Congress· EN

Introduced

7 February 2019

Last action

Status

Read twice and referred to the Committee on the Budget.

Sponsors

Subjects

Discovery layer

Source updated

7 April 2025

Summary

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.)

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Versions

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Documents

3 official files

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Sources

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