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Searching...- Bills
- H.R.2420
H.R.2420: Mutual Funds Integrity and Fee Transparency Act of 2003
About This Bill
- This bill was introduced in the 108th Congress
- This bill is primarily about congress
- Introduced June 11, 2003
- Latest Major Action Nov. 20, 2003
Bill Sponsor
Bill Cosponsors
23 (11 Democrats, 13 Republicans)
Bill Summary
Mutual Funds Integrity and Fee Transparency Act of 2003 - Title I: Integrity and Fee Transparency - (Sec.101) Directs the Securities and Exchange Commission (SEC) to require an open-end management investment company (mutual fund) to disclose costs in its periodic reports to shareholders, including: (1) the estimated amount, in dollars for each $1,000 of investment in the company, of the operating expenses of the company that are borne by...
(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 Hearings Held.
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Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises Discharged.
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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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Reported (Amended) by the Committee on Financial Services. H. Rept. 108-351.
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Placed on the Union Calendar, Calendar No. 205.
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Mr. Oxley moved to suspend the rules and pass the bill, as amended.
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Considered under suspension of the rules.
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DEBATE - The House proceeded with forty minutes of debate on H.R. 2420.
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At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
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Considered as unfinished business.
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On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 418 - 2 (Roll no. 638).
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Motion to reconsider laid on the table Agreed to without objection.
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Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
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| June 11, 2003 |
Introduced in the House by Richard Hugh Baker (R-La.) |