<?xml version="1.0" encoding="UTF-8"?><BillSummaries>
<item congress="115" measure-type="s" measure-number="2816" measure-id="id115s2816" originChamber="SENATE" orig-publish-date="2018-05-10" update-date="2018-11-07">
<title>A bill to clarify that funding for the Securities Investor Protection Corporation is not subject to the sequester.</title>
<summary summary-id="id115s2816v00" currentChamber="SENATE" update-date="2018-11-07">
<action-date>2018-05-10</action-date>
<action-desc>Introduced in Senate</action-desc>
<summary-text><![CDATA[<p>This bill provides that any sequestration ordered by the President under the Balanced Budget and Emergency Deficit Control Act of 1985 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.)</p>]]></summary-text>
</summary>
</item>
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<dc:language>EN</dc:language>
<dc:rights>Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.</dc:rights>
<dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
<dc:description>This file contains bill summaries for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.</dc:description>
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</BillSummaries>
