HR 1048
114th Congress
House
Finance and Financial Sector
Accounting and auditing
Appropriations
Budget deficits and national debt
Financial services and investments
Securities
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.
Everywhere this bill has been
2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Feb 24, 2015
Referred to the House Committee on the Budget.
Feb 24, 2015
Introduced in House
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Plain-English summary
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 standard setting body designated by the Securities and Exchange Commission to establish accounting principles "generally accepted" for securities laws.
What's happening now
Referred to the House Committee on the Budget.
Related & companion bills
5
Bill text
1 version
- Introduced in House Formatted Text PDF Formatted XML
Committees of jurisdiction
1
Cosponsors
1
Cite this page
U.S. Congress. (2026). H.R. 1048: 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.. 114th Congress. Open America. https://openamerica.io/bill/114-HR-1048/
"H.R. 1048: 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.." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-1048/.
H.R. 1048, 114th Cong. (2026), https://openamerica.io/bill/114-HR-1048/.
[H.R. 1048: 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.](https://openamerica.io/bill/114-HR-1048/)