H.R.4120: Savings and Investment Relief Act of 1998

About This Bill

Bill 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...

(Source: Library of Congress)

Bill Actions

Date Description
Referred to the House Committee on Commerce.
Sponsor introductory remarks on measure.
Referred to the Subcommittee on Finance and Hazardous Materials.
June 23, 1998

Introduced in the House by Gerald B.H. Solomon (R-N.Y.)

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