[Congressional Bills 113th Congress]
[From the U.S. Government Publishing Office]
[H.R. 701 Introduced in House (IH)]

113th CONGRESS
  1st Session
                                H. R. 701

   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.


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                    IN THE HOUSE OF REPRESENTATIVES

                           February 14, 2013

 Mr. McHenry (for himself, Mr. Schweikert, Ms. Eshoo, Mr. Garrett, and 
 Mr. David Scott of Georgia) introduced the following bill; which was 
            referred to the Committee on Financial Services

_______________________________________________________________________

                                 A BILL


 
   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 by striking ``The Commission'' and inserting ``Not later 
than October 31, 2013, the Commission''.
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