District of Columbia Fiscal Protection Act of 1995

District of Columbia Fiscal Protection Act of 1995 - Amends the District of Columbia Self-Government and Governmental Reorganization Act to allow a District of Columbia government officer or employee, from the first day of a fiscal year until the date of enactment of the District of Columbia Appropriations Act for that fiscal year, to obligate or expend amounts out of the general fund, enterprise funds, and other non-Federal funds of the District under the authority and conditions provided in such Act for continuing the District government's operations and other activities chargeable in whole or in part against the District revenues that were conducted in the previous fiscal year and for which appropriations, funds, or other authority would be available in the Act.

Prohibits such obligations or expenditures from being made in a control year (as defined in the District of Columbia Financial Responsibility and Management Assistance Act of 1995) until the Mayor of the District provides written notification to the District of Columbia Financial Responsibility and Management Assistance Authority.

Limits the amount made available for obligation or expenditure for a project or activity for a fiscal year under this Act to the lowest of: (1) the amount or authority provided in the previous fiscal year; (2) the amount or authority made available for the fiscal year under such Act as passed by the House of Representatives; or (3) the amount made available for the fiscal year under such Act as passed by the Senate.

(Sec. 3) Provides that for each fiscal year for which the annual Federal payment is authorized and for which there has not been enacted legislation appropriating the payment by the beginning of the fiscal year, there shall be appropriated to the District on the first day of each month which occurs during the period pending such enactment an amount equal to one-twelfth of the lowest of: (1) the amount appropriated as the annual Federal payment in the Act for the previous fiscal year; (2) the amount proposed to be appropriated as the annual Federal payment in the Act for the fiscal year as passed by the House; or (3) the amount proposed for such payment in the Act as passed by the Senate.