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S. 3461 · 114th Congress

Securities and Exchange Commission Overpayment Credit Act

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IntroducedPassed one chamberPassed both chambersBecame law (gold)Resolution agreed to (full, dark)Failed or vetoed (gray)

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Never voted on. It didn't reach a floor vote before the 114th Congress ended, so it expired. A bill has to be introduced again to be considered in a new Congress.

MKR KirkSponsor

No cosponsors.

This bill instructs the Securities and Exchange Commission (SEC) to offset, by a prescribed amount, future fees and assessments due by a national securities exchange or a national securities association that has paid fees and assessments to the SEC in an amount exceeding the amount of transaction fees required under the Securities and Exchange Act of 1934…

What it does: CRS summary · Introduced in Senate · Sep 29, 2016

Securities and Exchange Commission Overpayment Credit Act

This bill instructs the Securities and Exchange Commission (SEC) to offset, by a prescribed amount, future fees and assessments due by a national securities exchange or a national securities association that has paid fees and assessments to the SEC in an amount exceeding the amount of transaction fees required under the Securities and Exchange Act of 1934 if, within 10 years of paying such excess amount, the exchange or association informs the SEC about payment of that amount.

Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov

About this bill and sources

Official title: Securities and Exchange Commission Overpayment Credit Act

Latest action (Sep 29, 2016): Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Policy area: Finance and Financial Sector · Origin: Senate · Introduced: Sep 29, 2016

Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)

No recorded floor vote found.