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H.R. 5060 (103rd): To provide for the continuation of certain fee collections for the expenses of the Securities and Exchange Commission for fiscal year 1995.


The text of the bill below is as of Sep 20, 1994 (Introduced).


HR 5060 IH

103d CONGRESS

2d Session

H. R. 5060

To provide for the continuation of certain fee collections for the expenses of the Securities and Exchange Commission for fiscal year 1995.

IN THE HOUSE OF REPRESENTATIVES

September 20, 1994

Mr. GIBBONS introduced the following bill; which was referred jointly to the Committees on Energy and Commerce and Ways and Means


A BILL

To provide for the continuation of certain fee collections for the expenses of the Securities and Exchange Commission for fiscal year 1995.

    Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. CONTINUED COLLECTION OF REVENUES AUTHORIZED.

    During fiscal year 1995, the rate of fees under section 6(b) of the Securities Act of 1933 (15 U.S.C. 77f(b)) shall remain at 1/29 of 1 percent.

SEC. 2. DEPOSIT OF COLLECTIONS.

    The fees collected under section 6(b) of the Securities Act of 1933 (to the extent attributable to a rate in excess of 1/50 of 1 percent by reason of section 1 of this Act) shall be deposited as an offsetting collection to the amounts appropriated to the Securities and Exchange Commission for fiscal year 1995, to remain available until expended.