[Congressional Bills 107th Congress]
[From the U.S. Government Publishing Office]
[H.R. 3764 Reported in House (RH)]

                                                 Union Calendar No. 248
107th CONGRESS
  2d Session
                                H. R. 3764

                          [Report No. 107-415]

To authorize appropriations for the Securities and Exchange Commission.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                           February 14, 2002

   Mr. Oxley (for himself, Mr. Baker, Mr. Boehner, Mrs. Roukema, Mr. 
Bereuter, Mr. Bachus, Mrs. Kelly, Mr. Castle, Mr. Ney, Mr. Gillmor, Mr. 
  Cox, Mr. LaTourette, Mr. Manzullo, Mr. Jones of North Carolina, Mr. 
Ose, Mr. Green of Wisconsin, Mr. Shadegg, Mr. Fossella, Mr. Cantor, Ms. 
Hart, Mr. Ferguson, Mr. Rogers of Michigan, and Mr. Tiberi) introduced 
 the following bill; which was referred to the Committee on Financial 
                                Services

                             April 22, 2002

     Additional sponsors: Mr. Shays and Mr. Maloney of Connecticut

                             April 22, 2002

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed
 [Strike out all after the enacting clause and insert the part printed 
                               in italic]

_______________________________________________________________________

                                 A BILL


 
To authorize appropriations for the Securities and Exchange Commission.

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

<DELETED>SECTION 1. SHORT TITLE.</DELETED>

<DELETED>    This Act may be cited as the ``Securities and Exchange 
Commission Authorization Act of 2002''.</DELETED>

<DELETED>SECTION 2. AUTHORIZATION OF APPROPRIATIONS OF THE SECURITIES 
              AND EXCHANGE COMMISSION.</DELETED>

<DELETED>    In addition to any other funds authorized to be 
appropriated to the Securities and Exchange Commission, there are 
authorized to be appropriated to carry out the functions, powers, and 
duties of the Commission, $700,000,000 for fiscal year 2003, of which--
</DELETED>
        <DELETED>    (1) not less than $134,000,000 shall be available 
        for the Division of Corporate Finance; and</DELETED>
        <DELETED>    (2) not less than $326,000,000 shall be available 
        for the Division of Enforcement.</DELETED>

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Securities and Exchange Commission 
Authorization Act of 2002''.

SEC. 2. AUTHORIZATION OF APPROPRIATIONS OF THE SECURITIES AND EXCHANGE 
              COMMISSION.

    In addition to any other funds authorized to be appropriated to the 
Securities and Exchange Commission, there are authorized to be 
appropriated to carry out the functions, powers, and duties of the 
Commission, $776,000,000 for fiscal year 2003, of which--
            (1) not less than $134,000,000 shall be available for the 
        Division of Corporate Finance and for the Office of Chief 
        Accountant;
            (2) not less than $326,000,000 shall be available for the 
        Division of Enforcement; and
            (3) not less than $76,000,000 shall be available to 
        implement section 8 of the Investor and Capital Markets Fee 
        Relief Act, relating to pay comparability.

SEC. 3. SENSE OF THE CONGRESS.

    It is the sense of the Congress that the Securities and Exchange 
Commission should conduct a thorough annual review of the annual 
financial statements contained in the most recent periodic disclosures 
filed with the Commission by the largest 500 reporting issuers, as 
determined by market capitalization and by other factors as the 
Commission shall determine.




                                                 Union Calendar No. 248

107th CONGRESS

  2d Session

                               H. R. 3764

                          [Report No. 107-415]

_______________________________________________________________________

                                 A BILL

To authorize appropriations for the Securities and Exchange Commission.

_______________________________________________________________________

                             April 22, 2002

  Reported with an amendment, committed to the Committee of the Whole 
       House on the State of the Union, and ordered to be printed