To clarify that funding for the Securities Investor Protection Corporation is not subject to the sequester.

Bill: 114-hr-1049
Sponsor: full_name: Rep. Renacci, James B. [R-OH-16]
Introduced: 2015-02-24
Policy area: Finance and Financial Sector
Subjects: Appropriations

Budget deficits and national debt

Financial crises and stabilization

Financial services and investments

Securities
Latest action: action_date: 2015-02-24
text: Referred to the House Committee on the Budget.

Summaries:
action_date: 2015-02-24
action_desc: Introduced in House
text: <p>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 Securities Investor Protection Corporation. </p>

tv_txt: I 114th CONGRESS 1st Session H. R. 1049 IN THE HOUSE OF REPRESENTATIVES February 24, 2015 Mr. Renacci (for himself and Mr. Himes ) introduced the following bill; which was referred to the Committee on the Budget A BILL To clarify that funding for the Securities Investor Protection Corporation 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 the Securities Investor Protection Corporation.