Skip to content
PoliticalRepoPoliticalRepo

United States · Law · S

S. 1260 (105th)

Securities Litigation Uniform Standards Act of 1998

enactedUnited States· United States Congress· EN

Introduced

7 October 1997

Last action

3 November 1998 · President

Status

Became Public Law No: 105-353.

Sponsors

Sen. Gramm, Phil [R-TX], Sen. Dodd, Christopher J. [D-CT], Sen. Domenici, Pete V. [R-NM], Sen. Boxer, Barbara [D-CA], Sen. Faircloth, Lauch [R-NC], Sen. Feinstein, Dianne [D-CA], Sen. Hagel, Chuck [R-NE], Sen. Reid, Harry [D-NV], Sen. Wyden, Ron [D-OR], Sen. Allard, Wayne [R-CO], Sen. Moseley-Braun, Carol [D-IL], Sen. Murray, Patty [D-WA], Sen. Lieberman, Joseph I. [ID-CT], Sen. Bennett, Robert F. [R-UT], Sen. Grams, Rod [R-MN], Sen. Sessions, Jeff [R-AL], Sen. Santorum, Rick [R-PA], Sen. Ashcroft, John [R-MO], Sen. Abraham, Spencer [R-MI], Sen. Smith, Gordon H. [R-OR], Sen. Kerry, John F. [D-MA], Sen. Mack, Connie, III [R-FL], Sen. Nickles, Don [R-OK], Sen. Cochran, Thad [R-MS], Sen. Thurmond, Strom [R-SC], Sen. Inhofe, James M. [R-OK], Sen. Helms, Jesse [R-NC], Sen. DeWine, Mike [R-OH], Sen. Enzi, Michael B. [R-WY], Sen. Coverdell, Paul [R-GA], Sen. Gorton, Slade [R-WA], Sen. Brownback, Sam [R-KS], Sen. McCain, John [R-AZ], Sen. Hutchinson, Tim [R-AR], Sen. Warner, John [R-VA], Sen. Robb, Charles S. [D-VA], Sen. Ford, Wendell H. [D-KY], Sen. Bond, Christopher S. [R-MO], Sen. Frist, William H. [R-TN], Sen. Kyl, Jon [R-AZ], Sen. Lugar, Richard G. [R-IN], Sen. Roberts, Pat [R-KS], Sen. McConnell, Mitch [R-KY], Sen. Hutchison, Kay Bailey [R-TX]

Subjects

Discovery layer

Source updated

7 April 2025

Official sourceDownload fileView documentsShare

Summary

Securities Litigation Uniform Standards Act of 1997 - Amends the Securities Act of 1933 and the Securities Exchange Act of 1934 to proscribe bringing a private class action based upon State or municipal law in State or Federal court by any private party alleging: (1) an untrue statement or omission in connection with the purchase or sale of a covered security; or (2) that the defendant used any manipulative or deceptive device in connection with such a transaction. Declares that any class action brought in any State court involving a covered security shall be removable to the Federal district court for the district in which the action is pending.

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

Timeline

  1. 7 October 1997

    Introduced

    Read twice and referred to the Committee on Banking.

    Source: IntroReferral

  2. 7 October 1997

    Introduced

    Sponsor introductory remarks on measure. (CR S10475)

    Source: IntroReferral

  3. 7 October 1997

    Introduced

    Introduced in Senate

    Source: IntroReferral

  4. 29 October 1997

    Committee

    Subcommittee on Securities. Hearings held. Hearings printed: S.Hrg. 105-420.

    Source: Committee

  5. 23 February 1998

    Committee

    Subcommittee on Securities. Hearings held. Hearings printed: S.Hrg. 105-897.

    Source: Committee

  6. 29 April 1998

    Reported

    Committee on Banking. Ordered to be reported with an amendment in the nature of a substitute favorably.

    Source: Committee

  7. 4 May 1998

    Calendars

    Placed on Senate Legislative Calendar under General Orders. Calendar No. 355.

    Source: Calendars

  8. 4 May 1998

    Reported

    Committee on Banking. Reported to Senate by Senator D'Amato with an amendment in the nature of a substitute. With written report No. 105-182. Additional views filed.

    Source: Committee

  9. 4 May 1998

    Reported

    Committee on Banking. Reported to Senate by Senator D'Amato with an amendment in the nature of a substitute. With written report No. 105-182. Additional views filed.

    Source: Committee

  10. 13 May 1998

    Floor

    Measure laid before Senate by unanimous consent. (consideration: CR S4778-4816)

    Source: Floor

  11. 13 May 1998

    Vote

    Passed/agreed to in Senate: Passed Senate with an amendment by Yea-Nay Vote. 79-21. Record Vote No: 135.

    Source: Floor

  12. 14 May 1998

    Floor

    Held at the desk.

    Source: Floor

  13. 14 May 1998

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  14. 14 May 1998

    Floor

    Received in the House.

    Source: Floor

  15. 22 July 1998

    Floor

    A similar measure H.R. 1689 was laid on the table without objection.

    Source: Floor

  16. 22 July 1998

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: Floor

  17. 22 July 1998

    Passed

    On passage Passed without objection.

    Source: Floor

  18. 22 July 1998

    Passed

    Passed/agreed to in House: On passage Passed without objection.

    Source: Floor

  19. 22 July 1998

    Passed

    The House struck all after the enacting clause and inserted in lieu thereof the provisions of a similar measure H.R. 1689. Agreed to without objection.

    Source: Floor

  20. 22 July 1998

    Floor

    Considered by unanimous consent. (consideration: CR H6120-6121)

    Source: Floor

  21. 22 July 1998

    Floor

    Mr. Bliley asked unanimous consent to take from the Speaker's table and consider.

    Source: Floor

  22. 23 July 1998

    Floor

    Message on House action received in Senate and at desk: House amendment to Senate bill.

    Source: Floor

  23. 29 July 1998

    Passed

    Senate disagreed to House amendment requested conference and appointed conferees. D'Amato; Gramm; Shelby; Sarbanes; Dodd. (consideration: CR S9318)

    Source: ResolvingDifferences

  24. 30 July 1998

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  25. 16 September 1998

    ResolvingDifferences

    The Speaker appointed conferees: Bliley, Oxley, Tauzin, Cox, White, Dingell, Stupak, and Eshoo.

    Source: ResolvingDifferences

  26. 16 September 1998

    Passed

    Motion to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

  27. 16 September 1998

    Passed

    On motion that the House insist upon its amendment, and agree to a conference Agreed to without objection.

    Source: ResolvingDifferences

  28. 16 September 1998

    ResolvingDifferences

    Mr. Oxley asked unanimous consent that the House insist upon its amendment, and agree to a conference. (consideration: CR H7888)

    Source: ResolvingDifferences

  29. 9 October 1998

    ResolvingDifferences

    Conference report H. Rept. 105-803 filed. (complete text of conference report: CR 10/13/1998 H10771-10776)

    Source: ResolvingDifferences

  30. 9 October 1998

    ResolvingDifferences

    Conference report filed: Conference report H. Rept. 105-803 filed.(complete text of conference report: CR 10/13/1998 H10771-10776)

    Source: ResolvingDifferences

  31. 9 October 1998

    Passed

    Conferees agreed to file conference report. (text of conference report missing one page of Statement of Managers: CR H10266-10270; conference report subsequently reprinted)

    Source: ResolvingDifferences

  32. 9 October 1998

    Passed

    Conference committee actions: Conferees agreed to file conference report.(text of conference report missing one page of Statement of Managers: CR H10266-10270; conference report subsequently reprinted)

    Source: ResolvingDifferences

  33. 13 October 1998

    Vote

    On motion to suspend the rules and agree to the conference report Agreed to by the Yeas and Nays: (2/3 required): 319 - 82, 1 Present (Roll No. 528). (consideration: CR H10801)

    Source: ResolvingDifferences

  34. 13 October 1998

    Passed

    Motions to reconsider laid on the table Agreed to without objection.

    Source: ResolvingDifferences

  35. 13 October 1998

    Vote

    Conference report agreed to in House: On motion to suspend the rules and agree to the conference report Agreed to by the Yeas and Nays: (2/3 required): 319 - 82, 1 Present (Roll No. 528).(consideration: CR H10801)

    Source: ResolvingDifferences

  36. 13 October 1998

    Passed

    CORRECTION OF MANAGERS STATEMENT - Mr. Bliley asked unanimous consent that the Statement of Managers contained in the House version of the conference report be corrected to reflect the Statement of Managers contained in the Senate version. Agreed to without objection.

    Source: ResolvingDifferences

  37. 13 October 1998

    Floor

    DEBATE - The House proceeded with forty minutes of debate.

    Source: Floor

  38. 13 October 1998

    ResolvingDifferences

    Mr. Bliley moved to suspend the rules and agree to the conference report, H. Rept. 105-803. (consideration: CR S12444-12450)

    Source: ResolvingDifferences

  39. 13 October 1998

    Floor

    Message on Senate action sent to the House.

    Source: Floor

  40. 13 October 1998

    Passed

    Senate agreed to conference report by Unanimous Consent.

    Source: ResolvingDifferences

  41. 13 October 1998

    Passed

    Conference report agreed to in Senate: Senate agreed to conference report by Unanimous Consent.

    Source: ResolvingDifferences

  42. 22 October 1998

    Floor

    Presented to President.

    Source: Floor

  43. 22 October 1998

    President

    Presented to President.

    Source: President

  44. 3 November 1998

    Became law

    Became Public Law No: 105-353.

    Source: President

  45. 3 November 1998

    Became law

    Signed by President.

    Source: BecameLaw

  46. 3 November 1998

    President

    Signed by President.

    Source: President

Votes

13 May 1998 · Bill Passed · On Passage of the Bill S. 1260 · Bill Passed · Official source

Yes 79 · No 21 · Abstain — · Absent/not voting 0

Showing the first 4 recorded positions. Vote totals above are complete.

Versions

Documents

17 official files

Enrolled Bill (text)

View fileDownload file

This file cannot be previewed here. Use View or Download.

Leesvertaling

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

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

  • Enrolled Bill (text)

    Enrolled Bill · EN

    ViewDownloadOpen at official source

  • Enrolled Bill (PDF)

    Enrolled Bill · EN

    ViewDownloadOpen at official source

    Leesvertaling

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

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

  • Public Law (text)

    Public Law · EN · 3 November 1998

    ViewDownloadOpen at official source

    Leesvertaling

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

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

  • Public Law (PDF)

    Public Law · EN · 3 November 1998

    ViewDownloadOpen at official source

    Leesvertaling

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

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

  • Conference report filed in House

    summary · EN · 9 October 1998

    Open at official source

    Leesvertaling

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

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

  • Engrossed Amendment House (text)

    Engrossed Amendment House · EN · 22 July 1998

    ViewDownloadOpen at official source

    Leesvertaling

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

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

  • Engrossed Amendment House (PDF)

    Engrossed Amendment House · EN · 22 July 1998

    ViewDownloadOpen at official source

    Leesvertaling

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

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

  • Passed House amended

    summary · EN · 22 July 1998

    Open at official source

    Leesvertaling

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

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

  • Engrossed in Senate (text)

    Engrossed in Senate · EN · 13 May 1998

    ViewDownloadOpen at official source

    Leesvertaling

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

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

  • Engrossed in Senate (PDF)

    Engrossed in Senate · EN · 13 May 1998

    ViewDownloadOpen at official source

    Leesvertaling

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

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

  • Passed Senate amended

    summary · EN · 13 May 1998

    Open at official source

    Leesvertaling

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

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

  • Reported to Senate (text)

    Reported to Senate · EN · 4 May 1998

    ViewDownloadOpen at official source

    Leesvertaling

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

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

  • Reported to Senate (PDF)

    Reported to Senate · EN · 4 May 1998

    ViewDownloadOpen at official source

    Leesvertaling

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

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

  • Reported to Senate with amendment(s)

    summary · EN · 4 May 1998

    Open at official source

    Leesvertaling

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

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

  • Introduced in Senate (text)

    Introduced in Senate · EN · 7 October 1997

    ViewDownloadOpen at official source

    Leesvertaling

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

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

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 7 October 1997

    ViewDownloadOpen at official source

    Leesvertaling

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

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

  • Introduced in Senate

    summary · EN · 7 October 1997

    Open at official source

    Leesvertaling

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

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

Sponsors

Related records

Related across the Repo ecosystem

Direct relationships are identifier-backed. Topic context means shared TopicMembership — not a citation and not causation.

Direct relationships

Sources

PoliticalRepo is an index and interpretation layer, not the authoritative legal source.