Text: H.R.701 — 113th Congress (2013-2014)All Bill Information (Except Text)

Text available as:

Shown Here:
Referred in Senate (05/16/2013)


113th CONGRESS
1st Session
H. R. 701


IN THE SENATE OF THE UNITED STATES

May 16, 2013

Received; read twice and referred to the Committee on Banking, Housing, and Urban Affairs


AN ACT

To amend a provision of the Securities Act of 1933 directing the Securities and Exchange Commission to add a particular class of securities to those exempted under such Act to provide a deadline for such action.

Be it enacted by the Senate and House of Representatives of the United States of America in Congress assembled,

SECTION 1. Rulemaking deadline for exempting certain securities.

Section 3(b)(2) of the Securities Act of 1933 (15 U.S.C. 77c(b)(2)) is amended in the matter preceding subparagraph (A) by striking “The Commission” and inserting “Not later than October 31, 2013, the Commission”.

Passed the House of Representatives May 15, 2013.

    Attest: karen l. haas,   
    Clerk.