[Congressional Bills 106th Congress]
[From the U.S. Government Publishing Office]
[H.R. 4194 Introduced in House (IH)]







106th CONGRESS
  2d Session
                                H. R. 4194

   To amend section 7A of the Clayton Act to remove the notification 
requirement applicable to acquisitions of voting securities and assets 
 that have relatively small value; to modify filing fees applicable to 
    notifications filed under such section, and for other purposes.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             April 5, 2000

  Mr. Rogan (for himself, Mr. Delahunt, and Mr. Hyde) introduced the 
  following bill; which was referred to the Committee on the Judiciary

_______________________________________________________________________

                                 A BILL


 
   To amend section 7A of the Clayton Act to remove the notification 
requirement applicable to acquisitions of voting securities and assets 
 that have relatively small value; to modify filing fees applicable to 
    notifications filed under such section, and for other purposes.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Small Business Merger Fee Reduction 
Act of 2000''.

SEC. 2. MODIFICATION OF NOTIFICATION REQUIREMENT.

    Section 7A(a) of the Clayton Act (15 U.S.C. 18a(a)) is amended--
            (1) in paragraph (1) by adding ``and'' at the end,
            (2) by striking paragraph (2), and
            (3) by amending paragraph (3) to read as follows:
            ``(2) as a result of such acquisition, the acquiring person 
        would hold an aggregate total amount of the voting securities 
        and assets of the acquired person in excess of $50,000,000.''.

SEC. 3. MODIFICATION OF NOTIFICATION FILING FEES.

    Section 605 of title VI of Public Law 101-162 (15 U.S.C. 18a note) 
is amended--
            (1) by inserting ``(a)'' after ``Sec. 605.'',
            (2) in the 1st sentence--
                    (A) by striking ``at $45,000'' and inserting ``in 
                subsection (b)'', and
                    (B) by striking ``Hart-Scott-Rodino Antitrust 
                Improvements Act of 1976'' and inserting ``section 7A 
                of the Clayton Act'', and
            (3) by adding at the end the following:
    ``(b) The filing fees referred to in subsection (a) are--
            ``(1) $45,000 if the aggregate total amount determined 
        under section 7A(a)(2) of the Clayton Act (15 U.S.C. 18a(a)(2)) 
        is less than $100,000,000;
            ``(2) $100,000 if the aggregate total amount determined 
        under section 7A(a)(2) of the Clayton Act (15 U.S.C. 18a(a)(2)) 
        is less than $200,000,000 but not less than $100,000,000; and
            ``(3) $225,000 if the aggregate total amount determined 
        under section 7A(a)(2) of the Clayton Act (15 U.S.C. 18a(a)(2)) 
        is not less than $200,000,000.'',
            (4) by striking ``States.'' and inserting ``States'', and
            (5) by adding a period at the end.

SEC. 4. EFFECTIVE DATE.

    This Act and the amendments made by this Act shall take effect on 
the 1st day of the 1st fiscal year beginning after the date of the 
enactment of this Act.
                                 <all>