Today’s gaming isn’t tied to a desk it moves with you. That’s why mobile access solutions like idn poker apk are often highlighted in guides, offering players a direct path to competitive tables with optimized performance and intuitive design.

As more players join the digital gaming world, platforms continue to enhance their offerings. Within forums, situs slot idn is commonly referenced when discussing engaging gaming environments. These insights help users explore reliable platforms while enjoying seamless gameplay.

H R 1088 in Congressional Session 107

Official Summary

 

Bill Number : H R 1088
 

Title : To amend the Securities Exchange Act of 1934 to reduce fees collected by the Securities and Exchange Commission, and for other purposes.
 

SUMMARY AS OF:
6/14/2001--Passed House amended.    (There are 2 other summaries) 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 repurchase statements and proxy solicitations and statements in corporate control transactions from 1/50th of one percent to $125 per million of the value of the transaction. Reduces assessments for security futures transactions from $0.02 to $0.009 per round turn transaction (for 2007 and after, from $0.0075 to $0.0042 per round turn transaction).Excludes from the calculation of fees the sales of options on securities indexes that are not narrow-based.

(Sec. 3)

Replaces the fee structure for off-exchange trades of last-sale-reported securities with a fee structure for off-exchange trades of exchange-registered and last-sale-reported securities. Requires the Securities and Exchange Commission (SEC) to adjust each fee rate each fiscal year (including a mid-year adjustment) from FY 2003 through 2011 to a uniform adjusted rate that, when applied to the baseline estimate of the aggregate dollar amount of sales for the fiscal year, is reasonably likely to produce aggregate fee and assessment collections equal to the specified target offsetting collection amount for such fiscal year.Provides that the fees so collected shall: (1) be deposited and credited as offsetting collections to the account providing appropriations to the SEC; and (2) not be deposited and credited as general revenue of the Treasury.

(Sec. 4)

Amends the Securities Act of 1933 to: (1) reduce registration fees from $239 per million to $92 per million of the maximum offering price at which securities are proposed to be offered; and (2) reflect the provisions of this Act.

(Sec. 5)

Revises fees for stock repurchase statements, proxy solicitations, and statements in corporate control transactions to equal $92 per million (adjusted annually) of the value of securities proposed to be purchased. Requires that fees collected for any fiscal year be deposited and credited as offsetting collections in the account providing appropriations to the SEC. Prohibits their deposit and crediting as general revenue of the Treasury. Prohibits the collection of such fees for FY 2002 and subsequent fiscal years except to the extent provided in advance in appropriations Acts.

(Sec. 7)

Amends the Trust Indenture Act of 1939 to terminate the mandatory $100 application filing fee.

(Sec. 8)

. Amends Federal law governing human resources procedures for Federal employees to: (1) establish an Agency Personnel Demonstration Project applicable to the SEC; and (2) authorize the SEC to provide additional compensation and benefits following guidelines under the Financial Institutions Reform, Recovery, and Enforcement Act of 1989.

(Sec. 9)

Instructs the SEC Office of Economic Analysis to study and report to Congress on the extent to which investors receive the benefits of fee reductions effected under this Act. Prescribes factors for consideration.

(Sec. 10)

Mandates a GAO study of the impact, implications, and consequences of converting the SEC to a self-funded basis. Defines self-funded basis to mean an agency is authorized to: (1) deposit the receipts of its collections in the Treasury, or in a depository institution, subject to certain treatment; and (2) employ, fix, and pay compensation of its personnel without regard to other laws applicable to other Federal staff. Requires that such collections receipts in the Treasury not be treated as Government funds or appropriated monies, but be available for SEC staff and expenses without annual appropriation or apportionment.

Votes

Title : To amend the Securities Exchange Act of 1934 to reduce fees collected by the Securities and Exchange Commission, and for other purposes.
Votes in the US Senate
This Bill was not Voted in the US Senate
Votes in the US House
Roll Number Vote Date Question Description Vote Result
165 2001-06-14 On Passage Investor and Capital Markets Fee Relief Act P

Sponsors

 
Congressional Sponsors of H R 1088
 
Bill Number : H R 1088
Title : To amend the Securities Exchange Act of 1934 to reduce fees collected by the Securities and Exchange Commission, and for other purposes.
Sponsor: Rep Fossella, Vito [NY-13] (introduced 3/19/2001)      
ALPHABETICAL [followed by Cosponsors withdrawn]:     (Sort: by date)

Rep Ackerman, Gary L. [NY-5] - 3/19/2001

Rep Bachus, Spencer [AL-6] - 3/19/2001

Rep Baker, Richard H. [LA-6] - 3/19/2001

Rep Bentsen, Ken [TX-25] - 3/19/2001

Rep Blagojevich, Rod R. [IL-5] - 3/19/2001

Rep Crowley, Joseph [NY-7] - 3/19/2001

Rep Engel, Eliot L. [NY-17] - 3/19/2001

Rep Ferguson, Mike [NJ-7] - 3/21/2001

Rep Foley, Mark [FL-16] - 3/19/2001

Rep Ford, Harold E., Jr. [TN-9] - 3/19/2001

Rep Frelinghuysen, Rodney P. [NJ-11] - 3/29/2001

Rep Gillmor, Paul E. [OH-5] - 3/19/2001

Rep Gonzalez, Charles A. [TX-20] - 3/21/2001

Rep Green, Mark [WI-8] - 3/21/2001

Rep Grucci, Felix J., Jr. [NY-1] - 3/19/2001

Rep Hart, Melissa A. [PA-4] - 3/19/2001

Rep Israel, Steve [NY-2] - 3/19/2001

Rep Jones, Walter B., Jr. [NC-3] - 3/19/2001

Rep Kelly, Sue W. [NY-19] - 3/19/2001

Rep King, Peter T. [NY-3] - 3/19/2001

Rep LaTourette, Steven C. [OH-19] - 4/3/2001

Rep Maloney, Carolyn B. [NY-14] - 3/19/2001

Rep Maloney, James H. [CT-5] - 3/21/2001

Rep Manzullo, Donald A. [IL-16] - 3/19/2001

Rep Matsui, Robert T. [CA-5] - 3/29/2001

Rep Menendez, Robert [NJ-13] - 3/19/2001

Rep Miller, Gary G. [CA-41] - 3/19/2001

Rep Moore, Dennis [KS-3] - 3/19/2001

Rep Ney, Robert W. [OH-18] - 3/19/2001

Rep Ose, Doug [CA-3] - 3/19/2001

Rep Otter, C. L. (Butch) [ID-1] - 4/26/2001

Rep Oxley, Michael G. [OH-4] - 3/19/2001

Rep Reynolds, Thomas M. [NY-27] - 3/19/2001

Rep Rogers, Mike J. [MI-8] - 3/19/2001

Rep Ross, Mike [AR-4] - 3/19/2001

Rep Roukema, Marge [NJ-5] - 3/19/2001

Rep Royce, Edward R. [CA-39] - 3/19/2001

Rep Ryun, Jim [KS-2] - 3/21/2001

Rep Shadegg, John B. [AZ-4] - 3/19/2001

Rep Shays, Christopher [CT-4] - 3/19/2001

Rep Sherman, Brad [CA-24] - 3/21/2001

Rep Sweeney, John E. [NY-22] - 3/19/2001

Rep Toomey, Patrick J. [PA-15] - 3/19/2001

Rep Velazquez, Nydia M. [NY-12] - 3/19/2001

Rep Weldon, Dave [FL-15] - 3/19/2001

Other Info

Bill Number : H R 1088
Title : To amend the Securities Exchange Act of 1934 to reduce fees collected by the Securities and Exchange Commission, and for other purposes.
 
 
ALL ACTIONS:
 
3/19/2001:Referred to the House Committee on Financial Services.
 
3/20/2001:Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises.
 
3/21/2001:Subcommittee Consideration and Mark-up Session Held.
 
3/21/2001:Forwarded by Subcommittee to Full Committee by Voice Vote.
 
3/28/2001:Committee Consideration and Mark-up Session Held.
 
3/28/2001:Ordered to be Reported (Amended) by Voice Vote.
 
4/3/2001 6:42pm: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.
 
5/1/2001 6:50pm:Reported (Amended) by the Committee on Financial Services. H. Rept. 107-52, Part I.
 
5/1/2001: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.
 
5/2/2001 8:02pm:House Committee on Government Reform Granted an extension for further consideration ending not later than May 8, 2001.
 
5/8/2001 11:04am:House Committee on Government Reform Granted an extension for further consideration ending not later than May 9, 2001.
 
5/9/2001 6:02pm:House Committee on Government Reform Granted an extension for further consideration ending not later than May 10, 2001.
 
5/10/2001 2:40pm:House Committee on Government Reform Granted an extension for further consideration ending not later than May 18, 2001.
 
5/18/2001 11:46am:House Committee on Government Reform Granted an extension for further consideration ending not later than May 25, 2001.
 
5/25/2001 11:53pm:Committee on Government Reform discharged.
 
5/25/2001 11:53pm:Placed on the Union Calendar, Calendar No. 42.
 
6/12/2001 6:32pm: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.
 
6/14/2001 11:10am:Rule H. Res. 161 passed House.
 
6/14/2001 11:10am:Considered under the provisions of rule H. Res. 161. (consideration: CR H3159-3182)
 
6/14/2001 11:10am: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.
 
6/14/2001 11:11am:DEBATE - The House proceeded with one hour of debate on H.R. 1088.
 
6/14/2001 12:20pm: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.
 
6/14/2001 1:32pm:The previous question was ordered pursuant to the rule.
 
6/14/2001 1:51pm:On passage Passed by recorded vote: 404 - 22 (Roll no. 165). (text as passed House: CR H33159-3164)
 
6/14/2001 1:51pm:Motion to reconsider laid on the table Agreed to without objection.
 
6/14/2001:Received in the Senate. Read twice. Placed on Senate Legislative Calendar under General Orders. Calendar No. 74. 1
 
2/20/2001:Passed Senate without amendment by Unanimous Consent. (consideration: CR S13830) 1
 
2/20/2001:Message on Senate action sent to the House. 1
 
2/20/2001:Cleared for White House.
 
1/4/2002:Presented to President.
 
1/16/2002:Signed by President.
 
1/16/2002:Became Public Law No: 107-123.