An Act to amend the Securities Exchange Act of 1934 to authorize appropriations for the Securities and Exchange Commission for fiscal years 1979 and 1980, and for other purposes.
Public Law 95-425 · H.R. 11567 · 95th Congress · began in the House
Signed by Jimmy Carter (D) on Oct 6, 1978 · Finance and Financial Sector
Sponsor: Rep. Robert Eckhardt (D-TX-8)
Cosponsors: None
Passage votes
- HouseMethod not stated
- SenateMethod not stated
Data notes
The final version of the law, as each chamber passed it. A chamber that passed it by voice vote or unanimous consent has no count. “Method not stated” means the record does not say how the chamber voted. Where the record has a member-by-member vote, the “Who voted for it” section shows who voted yea.
Summary
The Congressional Research Service’s plain-language summary of what the law does.
(House agreed to Senate amendment with an amendment)
Amends the Securities Exchange Act of 1934 to authorize appropriations for the Securities and Exchange Commission for fiscal years 1979 and 1980.
Increases from $1,500,000 to $2,000,000 the maximum amount of securities which can be issued pursuant to the exemption from coverage provision of the Act.
Committees
The committees the bill was sent to, and what each did with it.
Data notes
A committee links to its page only where it exists in the current Congress; older and renamed committees are named without a link.
Timeline
From introduction to signing, newest first: the committees, the floor and the president. 15 actions.
- Oct 6, 1978Became lawBecame law · Signed by President.
- PresidentPresident · Public Law 95-425.
- Sep 26, 1978PresidentPresident · Measure presented to President.
- PresidentPresident · Measure enrolled in Senate.
- Sep 25, 1978PresidentPresident · Measure enrolled in House.
- Sep 20, 1978Resolving differencesResolving differences · Senate agreed to House amendment.
- Sep 7, 1978Resolving differencesResolving differences · House agreed to Senate amendment with an amendment.
- Aug 9, 1978FloorFloor · Measure passed Senate, amended.
- Jul 31, 1978CommitteeCommittee · Reported by Senate Banking, Housing, and Urban Affairs Committee
- Apr 5, 1978CommitteeCommittee · Referred to Senate Banking, Housing, and Urban Affairs Committee
- Apr 4, 1978FloorFloor · Measure passed House.
- FloorFloor · Measure called up under motion to suspend rules and pass in House.
- Mar 30, 1978CommitteeCommittee · Reported by House Energy and Commerce Committee
- Mar 15, 1978CommitteeCommittee · Referred to House Energy and Commerce Committee
- IntroducedIntroduced · Introduced in the House
Data notes
Shows the introduction, each committee and subcommittee step the source dates (referral, hearings, markup, report, discharge), and the floor, conference, presidential and became-law steps. Calendar placements, messages between the chambers, amendments and committee report numbers are not shown for laws before the 108th Congress. Two entries the source lists twice are shown once.
Official record
The bill’s full text and every action, including introduction and committee steps, are on Congress.gov. Data through Oct 7, 2026.