HR-1975 : Still Just a Bill

Securities and Exchange Commission Overpayment Credit Act

This bill amends the Securities Exchange Act of 1934 to require the Securities and Exchange Commission (SEC) to offset future fees and assessments otherwise due from a national securities exchange or national securities association if it is informed within 10 years that the entity has overpaid past fees and assessments.

This requirement applies to any fees and assessments paid before, on, or after the enactment of this Act.

Action Timeline

Action DateTypeTextSource
2016-04-19CalendarsPlaced on the Union Calendar, Calendar No. 385.House floor actions
2016-04-19CommitteeReported by the Committee on Financial Services. H. Rept. 114-505.House floor actions
2015-05-20CommitteeOrdered to be Reported by the Yeas and Nays: 57 - 0.House committee actions
2015-05-20CommitteeCommittee Consideration and Mark-up Session Held.House committee actions
2015-04-29CommitteeHearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.House committee actions
2015-04-22IntroReferralReferred to the House Committee on Financial Services.House floor actions
2015-04-22IntroReferralIntroduced in HouseLibrary of Congress

Policy Area :

Finance and Financial Sector
See Subjects
  • Executive agency funding and structure
  • Securities
  • Securities and Exchange Commission (SEC)
  • User charges and fees

Related Bills

See Related Bills