billHR1253Event Thursday, December 12, 2019Analyzed

To designate the facility of the United States Postal Service located at 13507 Van Nuys Boulevard in Pacoima, California, as the "Ritchie Valens Post Office Building".

Neutral

Summary

This bill designates a specific USPS facility in Pacoima, California as the 'Ritchie Valens Post Office Building'. It is a ceremonial naming bill with no funding, no regulatory changes, and no market impact.

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Key Takeaways

  • 1.This is a ceremonial post office naming bill with zero market impact.
  • 2.No funding, no regulatory changes, and no affected sectors or tickers.
  • 3.The bill is already signed into law and has no further legislative steps.

Market Implications

No market implications. This bill does not affect any sector, company, or financial instrument.

Full Analysis

H.R. 1253, enacted as Public Law 116-81 on December 12, 2019, designates the USPS facility at 13507 Van Nuys Boulevard in Pacoima, California as the 'Ritchie Valens Post Office Building'. The bill was sponsored by Rep. Cárdenas (D-CA-29) and passed both chambers by voice vote. It is a naming-only bill with no authorization of funds, no regulatory changes, and no procurement implications. There is no money trail, no affected sectors, and no publicly traded companies impacted. The bill is already signed into law and has no ongoing legislative activity.

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