H.R. 2681 · 98th Congress · enacted
An act to make certain amendments to sections 4, 13, 14, 15, and 15B of the Securities Exchange Act of 1934.
Became Public Law No: 98-38.
Latest official action 1983-06-06 · Enacted
The bill, briefly
(Reported to House from the Committee on Energy and Commerce with amendment, H. Rept. 98-106) Amends the Securities Exchange Act of 1934 to permit the Securities and Exchange Commission to accept reimbursement from non-Federal sources for travel, subsistence, and other necessary expenses incurred by Commission members and employees in attending meetings and conferences. Permits participants in the professional fellows program of the Commission to accept payment of relocation expenses from their former employers. Requires a person, at the time of filing with the Commission a statement relating to an issuer repurchase of shares, to pay a fee of one-fiftieth of one percent of the value of securities proposed to be purchased. Requires that at the time of filing proxy materials concerning an acquisition, merger or proposed sale or disposition of substantially all company assets, the person making such filing (other than a company registered under the Investment Company Act of 1940) shall pay a fee of one-fiftieth of one percent of the value of any cash or securities paid. Imposes the same fee for the filing of a preliminary information statement and for the filing of a statement by the bidding company in a cash tender offer. Reserves the Commission's power to impose fees, charges, or prices for matters not involving any acquisition, merger, consolidation sale, or other disposition…
Congressional Research Service · 1983-05-11
Who reported lobbying on this bill?
Amount spent specifically on this bill: not disclosed
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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.
3 of 3 source cosponsor records retrieved; only current officials and unwithdrawn sponsorships appear.
PAC donors to the listed sponsors
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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.