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HR 1975 114th Congress House

Securities and Exchange Commission Overpayment Credit Act

Official title: To amend the Securities Exchange Act of 1934 to require the Securities Exchange Commission to refund or credit excess payments made to the Commission.

Introduced: April 22, 2015 Introduced by: Meeks, Gregory W. Democratic · New York See on congress.gov
Finance and Financial Sector Executive agency funding and structureSecuritiesSecurities and Exchange Commission (SEC)User charges and fees
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 7 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 19, 2016
Placed on the Union Calendar, Calendar No. 385.
Apr 19, 2016
Reported by the Committee on Financial Services. H. Rept. 114-505.
May 20, 2015
Ordered to be Reported by the Yeas and Nays: 57 - 0.
May 20, 2015
Committee Consideration and Mark-up Session Held.
Apr 29, 2015
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Apr 22, 2015
Referred to the House Committee on Financial Services.
Apr 22, 2015
Introduced in House
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 Latest action April 19, 2016

Placed on the Union Calendar, Calendar No. 385.

 Plain-English summary Congressional Research Service

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Securities and Exchange Commission Overpayment Credit Act

(Sec. 2) This bill amends the Securities Exchange Act of 1934 to require the Securities and Exchange Commission (SEC) to offset future fees and assessments otherwise due from a national securities exchange or national securities association if it is informed within 10 years that the entity has overpaid past fees and assessments.

This requirement applies to any fees and assessments paid before, on, or after the enactment of this Act.

 Related & companion bills 1
  • HR 5983 Related bill Financial CHOICE Act of 2016
 Bill text 2 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 2
 Cosponsors 1
All 1 Democratic 1
D
Foster, Bill
Illinois · Apr 22, 2015
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 1975: Securities and Exchange Commission Overpayment Credit Act. 114th Congress. Open America. https://openamerica.io/bill/114-HR-1975/
MLA
"H.R. 1975: Securities and Exchange Commission Overpayment Credit Act." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-1975/.
Bluebook (legal)
H.R. 1975, 114th Cong. (2026), https://openamerica.io/bill/114-HR-1975/.
Markdown link
[H.R. 1975: Securities and Exchange Commission Overpayment Credit Act](https://openamerica.io/bill/114-HR-1975/)
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