H.R. 1088 · 107th Congress · enacted
Investor and Capital Markets Fee Relief Act
Became Public Law No: 107-123.
Latest official action 2002-01-16 · Enacted
The bill, briefly
Investor and Capital Markets Fee Relief Act - Amends the Securities Exchange Act of 1934 to reduce mandatory transaction fees pertaining to: (1) exchange-traded securities; (2) off-exchange trades of exchange-registered and last-sale-reported securities; (3) stock repurchase statements; and (4) proxy solicitations and statements in corporate control transactions. Replaces the fee structure for off-exchange trades of last-sale-reported securities with a fee structure for off-exchange trades of exchange-registered and last-sale-reported securities. Provides that the fees so collected shall: (1) be deposited and credited as offsetting collections to the account providing appropriations to the Securities and Exchange Commission (SEC); and (2) not be deposited and credited as general revenue of the Treasury. Amends the Securities Act of 1933 to: (1) reduce registration fees; and (2) reflect the provisions of this Act. Amends the Trust Indenture Act of 1939 to terminate the mandatory application filing fee. Sets forth requirements for pay parity for SEC employees.
Congressional Research Service · 2001-03-19
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
The reports below name this bill and disclose an organization’s overall lobbying expenses or a firm’s client income for the period. They can cover many bills and issues. These amounts are not payments to the bill or its politicians.
No matching lobbying report is imported yet. This is not evidence that no lobbying occurred.
2,409 latest lobbying reports imported. Some source imports are still in progress.
Politicians behind the bill
Sponsors and cosponsors from the official source, limited to members currently in office. Campaign amounts are cycle-wide and are not payments for this bill.
Cosponsor
Nydia M. Velázquez
House · NY District 7 · Democratic
$62,250PAC receipts · 2025–2026
Cosponsor
Brad Sherman
House · CA District 32 · Democratic
$783,494PAC receipts · 2025–2026
45 of 45 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.
PAC donors to the listed sponsors
These are all-cycle contributions to the listed sponsors’ and cosponsors’ campaigns. FEC does not attribute them to this bill. A donation plus sponsorship does not establish why a politician acted.
AMERICAN INSTITUTE OF CERTIFIED PUBLIC ACCOUNTANTS POLITICAL ACTION COMMITTEE$15,000
MACHINISTS NON PARTISAN POLITICAL LEAGUE OF THE INTERNATIONAL ASSOCIATION OF MACHINISTS & AEROSPACE WORKERS$15,000
AMERICA'S CREDIT UNIONS PAC$12,500
AMERICAN FEDERATION OF STATE COUNTY & MUNICIPAL EMPLOYEES P E O P L E$12,500
AMERICAN LAND TITLE ASSOCIATION TITLE INDUSTRY PAC (TIPAC)$11,000
AMERICAN CRYSTAL SUGAR COMPANY POLITICAL ACTION COMMITTEE$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordAMERICAN FEDERATION OF TEACHERS, AFL-CIO COMMITTEE ON POLITICAL EDUCATION$10,000
AMERICAN HOMES 4 RENT TRS, LLC POLITICAL ACTION COMMITTEE (AMH PAC)$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordBANK OF AMERICA CORPORATION FEDERAL PAC$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordCOMMERCIAL REAL ESTATE FINANCE COUNCIL PAC$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordDELOITTE POLITICAL ACTION COMMITTEE$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordERNST & YOUNG POLITICAL ACTION COMMITTEE$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordFS PAC$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordKPMG PARTNERS/PRINCIPALS AND EMPLOYEES PAC$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordL3HARRIS TECHNOLOGIES, INC. PAC$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordLABORERS' INTERNATIONAL UNION OF NORTH AMERICA (LIUNA) PAC$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordMANAGED FUNDS ASSOCIATION POLITICAL ACTION COMMITTEE$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordMORGAN STANLEY POLITICAL ACTION COMMITTEE$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordNATIONAL MULTIFAMILY HOUSING COUNCIL AND REAL ESTATE TECHNOLOGY AND TRANSFORMATION CENTER POLITICAL ACTION COMMITTEE (NMHC PAC)$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordPRICEWATERHOUSECOOPERS POLITICAL ACTION COMMITTEE I$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordREGIONS FINANCIAL CORPORATION POLITICAL ACTION COMMITTEE$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordSECURITIES INDUSTRY AND FINANCIAL MARKETS ASSOCIATION POLITICAL ACTION COMMITTEE$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordSOUTHERN CALIFORNIA FUND$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordSTRUCTURED FINANCE COALITION POLITICAL ACTION COMMITTEE (STRUCTURED FINANCE PAC)$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordUBS AMERICAS INC. POLITICAL ACTION COMMITTEE (UBS PAC)$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordWESCOM CREDIT UNION FEDERAL PAC$10,000
Brad Sherman · Cosponsor · $10,000
Official PAC recordAMERICAN BANKERS ASSOCIATION PAC (BANKPAC)$9,500
Brad Sherman · Cosponsor · $9,500
Official PAC recordEXPERIAN NORTH AMERICA, INC POLITICAL ACTION COMMITTEE (EXPERIAN PAC)$9,000
Brad Sherman · Cosponsor · $9,000
Official PAC recordTHE CAPITAL GROUP COMPANIES INC POLITICAL ACTION COMMITTEE$9,000
Brad Sherman · Cosponsor · $9,000
Official PAC recordFMR LLC POLITICAL ACTION COMMITTEE - FEDERAL (FIDELITY PAC)$8,500
Brad Sherman · Cosponsor · $8,500
Official PAC recordHONEYWELL INTERNATIONAL INC. TECHNOLOGIES PUBLIC AFFAIRS COUNCIL (HONPAC)$8,500
Brad Sherman · Cosponsor · $8,500
Official PAC recordAMERICAN FINANCIAL SERVICES ASSOCIATION PAC$8,000
Brad Sherman · Cosponsor · $8,000
Official PAC recordINDEPENDENT COMMUNITY BANKERS OF AMERICA POLITICAL ACTION COMMITTEE (ICBA PAC)$8,000
MORTGAGE BANKERS ASSOCIATION POLITICAL ACTION COMMITTEE (MORPAC)$8,000
SMALL BUSINESS INVESTOR ALLIANCE PAC$8,000
ALLY FINANCIAL INC. ADVOCACY POLITICAL ACTION COMMITTEE$7,500
Brad Sherman · Cosponsor · $7,500
Official PAC recordCITIGROUP INC. PAC - FEDERAL (CITI PAC - FEDERAL)$7,500
Brad Sherman · Cosponsor · $7,500
Official PAC recordINTERNATIONAL ASSOCIATION OF FIREFIGHTERS INTERESTED IN REGISTRATION AND EDUCATION PAC$7,500
Brad Sherman · Cosponsor · $7,500
Official PAC recordINVESTMENT COMPANY INSTITUTE POLITICAL ACTION COMMITTEE (ICI PAC)$7,500
Brad Sherman · Cosponsor · $7,500
Official PAC recordMANUFACTURED HOUSING INSTITUTE PAC$7,500
Brad Sherman · Cosponsor · $7,500
Official PAC recordThe largest 40 donor totals appear here. Open each politician for their complete, paginated PAC donor list.
What happened after enactment?
Dated agency-reported implementation and uptake measures are shown with their scope. They do not by themselves establish causal success. If no evidence is listed, the outcome is not established.
Measured outcome: not established
Enactment alone does not show whether a law improved its intended outcome. We need a dated evaluation, observed result or verified implementation record before claiming success or failure.