Library / Laws / 113th / s / S. 1780 / Introduced in Senate
II
113th CONGRESS
1st Session
S. 1780
IN THE SENATE OF THE UNITED STATES
December 9, 2013Mr. Enzi (for himself and Mr. Murphy) introduced the following bill; which was read twice and referred to the Committee on the Budget
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.
1.
Clarification
Section 251A of the Balanced Budget and Emergency Deficit Control Act of 1985 (2 U.S.C. 901a) does not apply with respect to the funding of—
(1) the standard setting body designated pursuant to section 19(b) of the Securities Act of 1933 (15 U.S.C. 77s(b));
(2) the Securities Investor Protection Corporation; or
(3) the Public Company Accounting Oversight Board.