S 2791 · 116th Congress 2019–2021, ended

TSP Act

Latest action · Nov 6, 2019 Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Progress

Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.

  1. IntroducedNov 6, 2019
  2. Passed SenateNot reached
  3. Passed HouseNot reached
  4. To the PresidentNot reached
  5. Became lawNot reached

Summary

Taxpayers and Savers Protection Act or the TSP Act

This bill prohibits any sums in the Thrift Savings Fund from being invested in a security that is listed on an exchange in a jurisdiction in which the Public Company Accounting Oversight Board (1) has never conducted the mandatory inspection or investigation of a registered public accounting firm, and (2) is prevented from conducting such inspection or investigation because of a position taken by an authority in that jurisdiction.

Cosponsors 9

Members who signed on, in the order they did. Signatures ran from Nov 6, 2019 to May 12, 2020; 6 are original cosponsors, there from the day it was introduced.

SeatCosponsorSigned on
D-NHJeanne ShaheenOriginalNov 6, 2019
R-MOJosh HawleyOriginalNov 6, 2019
D-NYKirsten E. GillibrandOriginalNov 6, 2019
R-INMike BraunOriginalNov 6, 2019
R-UTMitt RomneyOriginalNov 6, 2019
R-FLRick ScottOriginalNov 6, 2019
R-TNMarsha BlackburnDec 10, 2019
R-IAJoni ErnstMay 5, 2020
R-AZMartha McSallyMay 12, 2020

Committees 1

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
SenateHomeland Security and Governmental Affairs Committee
Referred Nov 6, 2019

Actions 2

Everything that happened, newest first.

  1. Nov 6, 2019Introduced in Senate
  2. Nov 6, 2019Read twice and referred to the Committee on Homeland Security and Governmental Affairs.

Research

What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.

CRS reports 1

Congressional Research Service work that CRS links to this bill or the law it became, newest first.

Cite it 1

Products on other subjects that cite it, usually among other measures.

ProductTitleKindPublished
IN11507Capital Markets and the Holding Foreign Companies Accountable Act—S. 945 and H.R. 7000 ArchivedInsightSep 18, 2020

Related bills 2

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 5018TSP ActIdentical billNov 8, 2019
HR 6614TSP ActIdentical billApr 23, 2020

Titles 3

Every title it has carried, official and short, at each stage.

Official Title as Introduced
A bill to amend title 5, United States Code, to provide that sums in the Thrift Savings Fund may not be invested in securities that are listed on certain foreign exchanges, and for other purposes.
Short Title(s) as Introduced
TSP Act
Taxpayers and Savers Protection Act

Subjects

Assigned by the Library of Congress. Policy area: Government Operations and Politics.

Text 1

Each version as it was printed, newest first.

  1. Nov 6, 2019Introduced in Senate

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Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.