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Reducing Securities Transaction Fees: Revenue Effects of H.R. 1088 and S. 143 (CRS Report for Congress)

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Release Date Sept. 7, 2001
Report Number RS20953
Report Type Report
Authors Mark Jickling, Government and Finance Division
Source Agency Congressional Research Service
Summary:

Both the House and the Senate have passed separate bills that would reduce the fees collected by the Securities and Exchange Commission (SEC) from sellers of corporate stock and companies active in securities and merger markets. This report sets out the differences, and, relying upon the forecasts of collections under current law prepared by the Congressional Budget Office (CBO), presents dollar estimates of the impact on fee collections through FY2011.