S. 1260 (105th): Securities Litigation Uniform Standards Act of 1998

Introduced:

Oct 7, 1997
105th Congress, 1997–1998

Status:

Enacted — Signed by the President on Nov 3, 1998

This bill was enacted after being signed by the President on November 3, 1998.

Law:

Pub.L. 105-353

Sponsor:

Phil Gramm

Senator from Texas

Republican

Text:

Read Text »
Last Updated: Oct 13, 1998
Length: 11 pages

About the bill

Full Title

A bill to amend the Securities Act of 1933 and the Securities Exchange Act of 1934 to limit the conduct of securities class actions under State law, and for other purposes.

Read CRS Summary >

History

Oct 7, 1997
 
Introduced

This is the first step in the legislative process.

Apr 29, 1998
 
Reported by Committee

A committee has issued a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

May 13, 1998
 
Passed Senate

The bill was passed in a vote in the Senate. It goes to the House next.

Jul 22, 1998
 
Passed House

The bill was passed by both chambers in identical form. It goes to the President next who may sign or veto the bill. The vote was without objection so no record of individual votes was made.

Jul 22, 1998
 
Text Published

Updated bill text was published as of Passed the House (Engrossed) with an Amendment.

Oct 13, 1998
 
Conference Report Agreed to by Senate

A conference committee was formed, comprising members of both the House and Senate, to resolve the differences in how each chamber passed the bill. The Senate approved the committee's report proposing the final form of the bill for consideration in both chambers. The House must also approve the conference report. The vote was by Unanimous Consent so no record of individual votes was made.

Oct 13, 1998
 
Conference Report Agreed to by House

The bill was passed by both chambers in identical form. It goes to the President next who may sign or veto the bill. The vote was by voice vote so no record of individual votes was made.

Oct 13, 1998
 
Conference Report Agreed to by House

A conference committee was formed, comprising members of both the House and Senate, to resolve the differences in how each chamber passed the bill. The House approved the committee's report proposing the final form of the bill for consideration in both chambers. The Senate must also approve the conference report.

Nov 3, 1998
 
Enacted — Signed by the President

The President signed the bill and it became law.

This is a Senate bill in the United States Congress (indicated by the “S.” in “S. 1260”). A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.

Details

Cosponsors
42 cosponsors (31R, 11D) (show)
Committee Assignments

The committee chair determines whether a bill will move past the committee stage.

Votes
May 13, 1998 6:30 p.m.
Bill Passed 79/21
Suspend the Rules and Agree to Conference Report
Oct 13, 1998 6:24 p.m.
Passed 319/82

Links & tools

Primary Source

THOMAS.gov (The Library of Congress)

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Citation

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