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Provide for reconciliation pursuant to title II of H. Con. Res. 14Section 30003 › Proposal

The reserve fund provision is struck from the 1934 Act

To provide for reconciliation pursuant to title II of H. Con. Res. 14, section 30003, Sec. 30003. Written by .

The reserve fund provision is struck from the 1934 Act

The document says “is amendedWho acts: CongressHow: statuteSec. 30003 in the PDF
What the document says

“Section 4 of the Securities Exchange Act of 1934 (15 U.S.C. 78d) is amended-- (1) by striking subsection (i); and”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 30003

The section strikes subsection (i) of section 4 of the Securities Exchange Act of 1934 (15 U.S.C. 78d) and redesignates subsections (j) and (k) as (i) and (j).

What the document actually says

“Section 4 of the Securities Exchange Act of 1934 (15 U.S.C. 78d) is amended-- (1) by striking subsection (i); and”

To provide for reconciliation pursuant to title II of H. Con. Res. 14, Sec. 30003
That sentence, in plain words

One subsection is taken out of a 1934 law. Nothing is put in its place.

What this is about

Two later subsections then move up to fill the gap. What the struck subsection said is not recorded here. That older law is not indexed.

No action is recorded against this proposal. That is not evidence that none has been taken, and nobody has yet read it against the record. See what the tracker does not yet cover.

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How to cite this
  1. The document itself

    Provide for reconciliation pursuant to title II of H. Con. Res. 14, Public Law 119-21, sec. 30003, 139 Stat. 126 (2025).
    https://www.govinfo.gov/content/pkg/PLAW-119publ21/html/PLAW-119publ21.htm

  2. This page

    “The reserve fund provision is struck from the 1934 Act,” Provide for reconciliation pursuant to title II of H. Con. Res. 14, section 30003, Sec. 30003. Read the Mandate, https://readthemandate.org/pl-119-21/proposal/sec30003-strike/ (retrieved August 26, 2026).

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