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Searching...- Bills
- H.R.1088
H.R.1088: Investor and Capital Markets Fee Relief Act
About This Bill
- This bill was introduced in the 107th Congress
- This bill is primarily about congress
- Introduced March 19, 2001
- Latest Major Action Jan. 16, 2002
Bill Sponsor
Bill Cosponsors
45 (16 Democrats, 30 Republicans)
Bill Summary
Investor and Capital Markets Fee Relief Act - Amends the Securities Exchange Act of 1934 to reduce mandatory transaction fees (by changing from a percentage to a flat dollar amount) with respect to: (1) exchange-traded securities transactions (including off-exchange trades of exchange-registered and last-sale-reported securities) from 1/300th of one percent to $15 per million of the dollar amount of securities transacted; and (2) stock...
(Source: Library of Congress)
Congressional Budget Office Estimate
Bill Actions
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Referred to the House Committee on Financial Services.
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Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
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Subcommittee Consideration and Mark-up Session Held.
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Forwarded by Subcommittee to Full Committee by Voice Vote.
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Committee Consideration and Mark-up Session Held.
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Ordered to be Reported (Amended) by Voice Vote.
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Mr. Oxley asked unanimous consent that the Committee on Financial Services have until midnight on April 17 to file a report on H.R. 1088. Agreed to without objection.
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Reported (Amended) by the Committee on Financial Services. H. Rept. 107-52, Part I.
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Referred sequentially to the House Committee on Government Reform for a period ending not later than May 2, 2001 for consideration of such provisions of the bill and amendment as fall within the jurisdiction of that committee pursuant to clause 1(h), rule X.
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House Committee on Government Reform Granted an extension for further consideration ending not later than May 8, 2001.
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House Committee on Government Reform Granted an extension for further consideration ending not later than May 9, 2001.
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House Committee on Government Reform Granted an extension for further consideration ending not later than May 10, 2001.
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House Committee on Government Reform Granted an extension for further consideration ending not later than May 18, 2001.
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House Committee on Government Reform Granted an extension for further consideration ending not later than May 25, 2001.
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Committee on Government Reform discharged.
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Placed on the Union Calendar, Calendar No. 42.
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Rules Committee Resolution H. Res. 161 Reported to House. Rule provides for consideration of H.R. 1088 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. In lieu of the amendment recommended by the Committee on Financial Services now printed in the bill, the amendment in the nature of a substitute printed in the Congressional Record and numbered 1 shall be considered as adopted. Measure will be considered read. A specified amendment is in order.
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Rule H. Res. 161 passed House.
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Considered under the provisions of rule H. Res. 161.
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Rule provides for consideration of H.R. 1088 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. In lieu of the amendment recommended by the Committee on Financial Services now printed in the bill, the amendment in the nature of a substitute printed in the Congressional Record and numbered 1 shall be considered as adopted. Measure will be considered read. A specified amendment is in order.
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DEBATE - The House proceeded with one hour of debate on H.R. 1088.
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DEBATE - Pursuant to the provisions of H. Res. 161, the House proceeded with one hour of debate on the LaFalce amendment in the nature of a substitute.
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The previous question was ordered pursuant to the rule.
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Motion to reconsider laid on the table Agreed to without objection.
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On passage Passed by recorded vote: 404 - 22 (Roll no. 165).
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Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 74.
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Passed Senate without amendment by Unanimous Consent.
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Message on Senate action sent to the House.
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Cleared for White House.
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Presented to President.
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Signed by President.
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Became Public Law No: 107-123.
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| March 19, 2001 |
Introduced in the House by Vito J. Fossella (R-N.Y.) |