View all text of Chapter 2 B [§ 78a - § 78rr]
§ 78ee. Transaction fees
(a) Recovery of costs of annual appropriation
(b) Exchange-traded securities
(c) Off-exchange trades of exchange registered and last-sale-reported securities
(d) Assessments on security futures transactions
(e) Dates for payments
The fees and assessments required by subsections (b), (c), and (d) of this section shall be paid—
(1) on or before March 15, with respect to transactions and sales occurring during the period beginning on the preceding September 1 and ending at the close of the preceding December 31; and
(2) on or before September 25, with respect to transactions and sales occurring during the period beginning on the preceding January 1 and ending at the close of the preceding August 31.
(f) Exemptions
(g) Publication
(h) Pro rata application
(i) Deposit of fees
(1) Offsetting collections
Fees collected pursuant to subsections (b), (c), and (d) for any fiscal year—
(A) shall be deposited and credited as offsetting collections to the account providing appropriations to the Commission; and
(B) except as provided in subsection (k), shall not be collected for any fiscal year except to the extent provided in advance in appropriation Acts.
(2) General revenues prohibited
(j) Adjustments to fee rates
(1) Annual adjustment
(2) Mid-year adjustment
(3) Review
(4) Effective date
(A) Annual adjustment
Subject to subsections (i)(1)(B) and (k), an adjusted rate prescribed under paragraph (1) shall take effect on the later of—
(i) the first day of the fiscal year to which such rate applies; or
(ii) 60 days after the date on which an Act making a regular appropriation to the Commission for such fiscal year is enacted.
(B) Mid-year adjustment
(k) Lapse of appropriation
(l) Baseline estimate of the aggregate dollar amount of sales
(m) Transmittal of Commission budget requests
(1) Budget required
(2) Submission to Congress
(3) Contents
The Commission shall include in each budget submitted under paragraph (1)—
(A) an itemization of the amount of funds necessary to carry out the functions of the Commission.
(B) an amount to be designated as contingency funding to be used by the Commission to address unanticipated needs; and
(C) a designation of any activities of the Commission for which multi-year budget authority would be suitable.
(June 6, 1934, ch. 404, title I, § 31, 48 Stat. 904; Mar. 17, 1944, ch. 101, 58 Stat. 117; Pub. L. 94–29, § 22, June 4, 1975, 89 Stat. 162; Pub. L. 104–290, title IV, § 405(a), Oct. 11, 1996, 110 Stat. 3442; Pub. L. 105–353, title III, § 301(b)(14), Nov. 3, 1998, 112 Stat. 3236; Pub. L. 106–554, § 1(a)(5) [title II, § 206(f)], Dec. 21, 2000, 114 Stat. 2763, 2763A–432; Pub. L. 107–123, §§ 2, 3, Jan. 16, 2002, 115 Stat. 2390; Pub. L. 111–203, title IX, § 991(a)(1), (d)(1), July 21, 2010, 124 Stat. 1950, 1954.)