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US S462

US S462
Securities and Exchange Commission Overpayment Credit Act


summary

Introduced
02/28/2017
In Committee
03/09/2017
Crossed Over
09/12/2017
Passed
Dead
12/31/2018

Introduced Session

115th Congress

Bill Summary

Securities and Exchange Commission Overpayment Credit Act (Sec. 2) This bill requires the Securities and Exchange Commission (SEC) to offset future fees and assessments due from a national securities exchange or association that: (1) has previously overpaid such fees and assessments, and (2) informs the SEC of the overpayment within 10 years.

AI Summary

This bill, the Securities and Exchange Commission Overpayment Credit Act, requires the Securities and Exchange Commission (SEC) to offset future fees and assessments owed by a national securities exchange or association that has previously overpaid such fees and assessments, provided the exchange or association informs the SEC of the overpayment within 10 years. The bill defines key terms such as "national securities exchange" and "national securities association." The provision only applies to fees and assessments owed to the SEC before the enactment of this bill.

Committee Categories

Housing and Urban Affairs

Sponsors (5)

Last Action

Held at the desk. (on 09/12/2017)

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