To authorize appropriations for the Securities and Exchange Commission, and for other purposes.
Securities and Exchange Commission Authorization Act of 1993 - Amends the Securities Exchange Act of 1934 to authorize appropriations for the Securities and Exchange Commission (SEC) for FY 1994 and 1995.
Requires the SEC to adjust annually the rates of registration, transaction, proxy filing, and other related fees in order to secure a total amount of collections that offsets the amounts appropriated to it (and the applicable surplus amounts if any). Prescribes a fee adjustment mechanism. Exempts such fee determinations and adjustments from judicial review. Requires the SEC to submit explanatory reports to the Congress before the effective date of any adjustment.
Directs the SEC to study and report to the Congress on the structure and procedures for such fee collection.
Introduced in House
Introduced in House
Referred to the House Committee on Energy and Commerce.
Referred to the Subcommittee on Telecommunications and Finance.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee by Voice Vote.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Reported (Amended) by the Committee on Energy and Commerce. H. Rept. 103-179.
Reported (Amended) by the Committee on Energy and Commerce. H. Rept. 103-179.
Placed on the Union Calendar, Calendar No. 101.
Mr. Markey moved to suspend the rules and pass the bill, as amended.
Considered under suspension of the rules. (consideration: CR H4826-4831)
DEBATE - The House proceeded with forty minutes of debate.
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate and read twice and referred to the Committee on Banking.
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