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United States · Bill · HR

H.R. 2441 (106th)

Fairness in Securities Transactions Act

openUnited States· United States Congress· EN

Introduced

1 July 1999

Last action

15 December 2000 · Reported

Status

Placed on the Union Calendar, Calendar No. 596.

Sponsors

Rep. Lazio, Rick [R-NY-2], Rep. Reynolds, Thomas M. [R-NY-26], Rep. Towns, Edolphus [D-NY-10], Rep. Cook, Merrill [R-UT-2], Rep. Forbes, Michael P. [D-NY-1], Rep. Bilbray, Brian P. [R-CA-50], Rep. Largent, Steve [R-OK-1], Rep. Kelly, Sue W. [R-NY-19], Rep. Baker, Richard H. [R-LA-6], Rep. Sweeney, John E. [R-NY-20], Rep. Engel, Eliot L. [D-NY-16], Rep. Crowley, Joseph [D-NY-14], Rep. Sessions, Pete [R-TX-17], Rep. Barton, Joe [R-TX-6], Rep. Schaffer, Bob [R-CO-4], Rep. Deal, Nathan [R-GA-9], Rep. Riley, Bob [R-AL-3], Rep. Gillmor, Paul E. [R-OH-5], Rep. Maloney, Carolyn B. [D-NY-12], Rep. Bryant, Ed [R-TN-7], Rep. DeLay, Tom [R-TX-22], Rep. Shays, Christopher [R-CT-4], Rep. Meeks, Gregory W. [D-NY-5], Rep. Pallone, Frank [D-NJ-6], Sen. Burr, Richard [R-NC], Rep. Armey, Richard K. [R-TX-26], Rep. Tauzin, W. J. (Billy) [R-LA-3], Rep. Hall, Ralph M. [R-TX-4], Rep. Hill, Rick [R-MT-At Large], Rep. Buyer, Steve [R-IN-4], Rep. Cunningham, Randy (Duke) [R-CA-50], Rep. Gekas, George W. [R-PA-17], Rep. Calvert, Ken [R-CA-41], Rep. Upton, Fred [R-MI-6], Rep. Cox, Christopher [R-CA-48], Rep. Owens, Major R. [D-NY-11], Rep. Barrett, Thomas M. [D-WI-5], Rep. Barr, Bob [R-GA-7], Rep. Johnson, Sam [R-TX-3], Sen. Coburn, Tom [R-OK], Rep. Rush, Bobby L. [D-IL-1], Rep. Franks, Bob [R-NJ-7]

Subjects

Budget

Source updated

20 August 2025

Budget

Summary

Fairness in Securities Transactions Act - Amends the Securities Exchange Act of 1934 to reduce (from one three-hundredth of one percent to one five-hundredth of one percent) the transaction fees designed to recover the costs to the Government of securities markets oversight and enforcement. Provides that if insufficient fees are collected for the budget authority of the Securities and Exchange Commission as provided by an appropriations Act, such Act may provide for a fee increase, with all such increases deposited and credited as offsetting collections to the pertinent appropriations account. Requires that ten percent of all such fees be deposited and credited as offsetting collections to the pertinent appropriations account.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 1 July 1999

    Introduced

    Referred to the House Committee on Commerce.

    Source: IntroReferral

  2. 1 July 1999

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 1 July 1999

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 21 July 1999

    Referred

    Referred to the Subcommittee on Finance and Hazardous Materials.

    Source: Committee

  5. 28 September 1999

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  6. 15 February 2000

    Committee

    Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote.

    Source: Committee

  7. 6 October 2000

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 24 - 16.

    Source: Committee

  8. 6 October 2000

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  9. 15 December 2000

    Calendars

    Placed on the Union Calendar, Calendar No. 596.

    Source: Calendars

  10. 15 December 2000

    Reported

    Reported (Amended) by the Committee on Commerce. H. Rept. 106-1034.

    Source: Committee

  11. 15 December 2000

    Reported

    Reported (Amended) by the Committee on Commerce. H. Rept. 106-1034.

    Source: Committee

Votes

No vote records are attached yet.

Versions

Documents

6 official files

Reported in House (text)

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  • Reported in House (text)

    Reported in House · EN · 15 December 2000

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  • Reported in House (PDF)

    Reported in House · EN · 15 December 2000

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  • Reported to House with amendment(s)

    summary · EN · 15 December 2000

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  • Introduced in House (text)

    Introduced in House · EN · 1 July 1999

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  • Introduced in House (PDF)

    Introduced in House · EN · 1 July 1999

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  • Introduced in House

    summary · EN · 1 July 1999

    Open at official source

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Sponsors

Related records

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Sources

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