Savings and Investment Relief Act of 1998

Summary

Savings and Investment Relief Act of 1998 - Amends the Securities Exchange Act of 1934 with respect to transaction fees for both exchange-traded and exchange-regulated securities and off-exchange trades of last-sale-reported securities. Directs the Securities and Exchange Commission (SEC) to prescribe annually a fiscal year fee limitation based upon the pro rata share of the aggregate dollar amount of securities sales, so that total fee payments will not exceed specified limits. Requires each national securities exchange and national securities association to adopt implementing rules which provide fee reductions for all market participants. Directs the SEC to report annually to the Congress on the total amount of transaction fees collected by each national securities exchange and national securities association. Authorizes future appropriations Acts to increase such fee limitations in any year in which the total fees collected are insufficient for SEC budget authority provided under such Acts.

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

Timeline

1. 14 July 1998

   Introduced

   Referred to the House Committee on Commerce.

   Source: IntroReferral

2. 14 July 1998

   Introduced

   Introduced in House

   Source: IntroReferral

3. 14 July 1998

   Introduced

   Introduced in House

   Source: IntroReferral

4. 23 July 1998

   Referred

   Referred to the Subcommittee on Finance and Hazardous Materials.

   Source: Committee

5. 1 October 1998

   Introduced

   Sponsor introductory remarks on measure. (CR E1874)

   Source: IntroReferral

Votes

No vote records are attached yet.

Versions

• Introduced in House · 14 July 1998 · Download file

Documents

3 official files

• Introduced in House (text)

  Introduced in House · EN · 14 July 1998

  ViewDownloadOpen at official source

• Introduced in House (PDF)

  Introduced in House · EN · 14 July 1998

  ViewDownloadOpen at official source

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  Vertaal document

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• Introduced in House

  summary · EN · 14 July 1998

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Solomon, Gerald B. H. [R-NY-22] · R · Sponsor
• Sen. Menendez, Robert [D-NJ] · D · Sponsor
• Rep. Hobson, David L. [R-OH-7] · R · Cosponsor
• Rep. Forbes, Michael P. [D-NY-1] · R · Cosponsor
• Rep. Frelinghuysen, Rodney P. [R-NJ-11] · R · Cosponsor
• Rep. Foley, Mark [R-FL-16] · R · Cosponsor
• Rep. Riley, Bob [R-AL-3] · R · Cosponsor
• Rep. Ehrlich, Robert L., Jr. [R-MD-2] · R · Cosponsor
• Rep. Johnson, Sam [R-TX-3] · R · Cosponsor
• Rep. Towns, Edolphus [D-NY-10] · D · Cosponsor
• Rep. Pitts, Joseph R. [R-PA-16] · R · Cosponsor
• Rep. Houghton, Amo [R-NY-31] · R · Cosponsor
• Rep. Cubin, Barbara [R-WY-At Large] · R · Cosponsor
• Rep. Walsh, James T. [R-NY-25] · R · Cosponsor
• Rep. Quinn, Jack [R-NY-27] · R · Cosponsor
• Rep. Scarborough, Joe [R-FL-1] · R · Cosponsor
• Rep. Dickey, Jay [R-AR-4] · R · Cosponsor
• Rep. Gilman, Benjamin A. [R-NY-20] · R · Cosponsor
• Rep. Manzullo, Donald A. [R-IL-16] · R · Cosponsor
• Rep. Sessions, Pete [R-TX-17] · R · Cosponsor
• Rep. Pickering, Charles W. "Chip" [R-MS-3] · R · Cosponsor
• Rep. English, Phil [R-PA-3] · R · Cosponsor
• Rep. McIntosh, David M. [R-IN-2] · R · Cosponsor
• Rep. Cook, Merrill [R-UT-2] · R · Cosponsor
• Rep. Jackson Lee, Sheila [D-TX-18] · D · Cosponsor
• Rep. Pappas, Michael [R-NJ-12] · R · Cosponsor
• Rep. Barcia, James A. [D-MI-5] · D · Cosponsor
• Rep. Hall, Ralph M. [R-TX-4] · D · Cosponsor
• Rep. Chabot, Steve [R-OH-1] · R · Cosponsor
• Rep. Ramstad, Jim [R-MN-3] · R · Cosponsor
• Rep. Hostettler, John N. [R-IN-8] · R · Cosponsor
• Rep. Blagojevich, Rod R. [D-IL-5] · D · Cosponsor
• Rep. Ryun, Jim [R-KS-2] · R · Cosponsor
• Rep. Largent, Steve [R-OK-1] · R · Cosponsor
• Rep. Fox, Jon D. [R-PA-13] · R · Cosponsor
• Del. Christensen, Donna M. [D-VI-At Large] · D · Cosponsor
• Rep. Pryce, Deborah [R-OH-15] · R · Cosponsor
• Rep. Kelly, Sue W. [R-NY-19] · R · Cosponsor
• Rep. McHugh, John M. [R-NY-23] · R · Cosponsor
• Rep. Armey, Richard K. [R-TX-26] · R · Cosponsor
• Rep. Doolittle, John T. [R-CA-4] · R · Cosponsor
• Rep. Hastert, J. Dennis [R-IL-14] · R · Cosponsor
• Rep. DeLay, Tom [R-TX-22] · R · Cosponsor
• Rep. Peterson, John E. [R-PA-5] · R · Cosponsor
• Rep. Boehlert, Sherwood [R-NY-24] · R · Cosponsor
• Rep. Goode, Virgil H., Jr. [R-VA-5] · D · Cosponsor
• Rep. Boucher, Rick [D-VA-9] · D · Cosponsor
• Rep. Cox, Christopher [R-CA-48] · R · Cosponsor

Showing 48 of 64 sponsors and actors.

Related records

• related to → Savings and Investment Relief Act of 1998