legislation: 104-s-1855

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
104-s-1855 104 s 1855 Securities and Exchange Commission Fee Reduction Act of 1996 Finance and Financial Sector 1996-06-10 1996-06-10 Read twice and referred to the Committee on Banking. Senate Sen. Gramm, Phil [R-TX] TX R G000365 1 Securities and Exchange Commission Fee Reduction Act of 1996 - Amends the Securities Act of 1933 to: (1) prohibit the minimum required registration fee from exceeding $100 (current law prohibits the minimum fee from being less than $100); and (2) set forth a schedule for general revenue fees and offsetting collection fees in diminishing amounts through FY 2001. (Sec. 3) Amends the Securities Exchange Act of 1934 to revise the transaction fee schedule for: (1) exchange-traded securities; (2) off-exchange trades of exchange-registered securities; (3) off-exchange trades of last-sale-reported securities. Declares that such fees are in lieu of, and not in addition to, any fees that the Securities and Exchange Commission is authorized to impose or collect. 2025-08-21T20:15:00Z  

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