S 390 · 116th Congress · Finance and Financial Sector
A bill to clarify that funding for the Securities Investor Protection Corporation is not subject to the sequester.
Bill Progress
✓
Introduced2
Committee3
Senate Vote4
House5
EnactedLatest: Read twice and referred to the Committee on the Budget.(2019-02-07)
Plain Language Summary
[AI summary unavailable — showing source text]
This bill provides that any sequestration ordered by the President is inapplicable to funding of the Securities Investor Protection Corporation. (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.)…
Summarized by Claude AI · Non-partisan · For informational purposes only