datamatters24/research-document-archive huggingface dataset:
HR 4379 RDS
tions issued by the Farm Credit Administration if
the stockholders of the respective Farm Credit Bank
or association so approve) of the total capital of the
Farm Credit Bank or association;
‘‘(2) the participation by the Farm Credit Bank
or association would equal or exceed 50 percent of
the principal of the loan or, when taken together
with participations in the loan by other Farm Credit
System institutions, would cause the cumulative
amount of the participations by all Farm Credit Sys-
tem institutions in the loan to equal or exceed 50
percent of the principal of the loan;
‘‘(3) the participation would cause the cumu-
lative amount of participations that the Farm Credit
Bank or association has outstanding under this sec-
tion to exceed 15 percent of the total assets of the
Farm Credit Bank or association; or
‘‘(4) the loan is of the type authorized under
section 1.11(b) or 2.4(a)(2).
‘‘(c) PRIOR APPROVAL REQUIRED.—
‘‘(1) IN GENERAL.—With respect to a similar
entity that is eligible to borrow from a bank for co-
operatives under title III, the authority of a Farm
Credit Bank or association to participate in a loan
to the entity under this section shall be subject to
HR 4379 RDS
the prior approval of the bank for cooperatives hav-
ing, at the time the loan is made, the greatest loan
volume in the State in which the headquarters office
of the similar entity is located.
‘‘(2) 
TERMS
AND
CONDITIONS.—Approval
under paragraph (1) may be granted on an annual
basis and under such terms and conditions as may
be agreed on between the Farm Credit Bank or as-
sociation, as the case may be, and the bank for co-
operatives granting the approval.
‘‘(3) APPROVAL BY SUPERVISING FARM CREDIT
BANK.—An association may not participate in a loan
to a similar entity under this section without the ap-
proval of the supervising Farm Credit Bank or the
association.’’.
SEC. 6. CONFORMING AMENDMENTS.
Section 3.1(11)(B)(i)(I)(bb) of the Farm Credit Act
of 1971 (12 U.S.C. 2122(11)(B)(i)(I)(bb)) is amended—
(A) by striking ‘‘the other banks for coopera-
tives under this subparagraph’’ and inserting ‘‘other
Farm Credit System institutions’’; and
HR 4379 RDS
(B) by striking ‘‘all banks for cooperatives’’ and
inserting ‘‘all Farm Credit System institutions’’.
Passed the House of Representatives September 29,
1994.
Attest:
DONNALD K. ANDERSON,
Clerk.
I
103D CONGRESS
1ST SESSION
H. R. 437
To provide for research on antiprogestin drugs through the National Institutes
of Health.
IN THE HOUSE OF REPRESENTATIVES
JANUARY 5, 1993
Mr. WYDEN (for himself, Mr. WAXMAN, Mrs. SCHROEDER, and Mr. DEFAZIO)
introduced the following bill; which was referred to the Committee on En-
ergy and Commerce
A BILL
To provide for research on antiprogestin drugs through the
National Institutes of Health.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
SECTION 1. SHORT TITLE.
This Act may be cited as the ‘‘Antiprogestin Testing
Act of 1993’’.
SEC. 2. RESEARCH.
(a) IN GENERAL.—The Secretary of Health and
Human Services, acting through the Director of the Na-
tional Institutes of Health, may conduct and support re-
search (including clinical trials) on antiprogestin drugs for
their safety and efficacy for any potential use, including
termination of pregnancy and contraception, and when
used therapeutically for cancer, endocrine disorders, and
endometriosis.
(b) INSTITUTIONAL REVIEW BOARDS AND PEER RE-
VIEW.—Research conducted or supported under sub-
section (a) shall be subject to sections 491 and 492 of
the Public Health Service Act (42 U.S.C. 289, 289a).
(c) PRIORITIES.—In determining priorities for re-
search under subsection (a), the Secretary shall consider
data from previous research.
SEC. 3. REPORT.
The Secretary of Health and Human Services shall
report to Congress the results of research conducted or
supported under section 2(a) on January 1, 1994, and
annually thereafter.
Æ
(b) EQUAL
EMPLOYMENT
OPPORTUNITY.—Sub-
section (a) shall not relieve any person entering into a con-
tract under the authority of this Act from complying with
any law relating to equal employment opportunity.
SEC. 8. DISTRIBUTION OF SURCHARGES TO REDUCE THE
NATIONAL DEBT.
All surcharges received by the Secretary from the sale
of coins issued under this Act shall be promptly trans-
ferred by the Secretary to the general fund of the Treas-
ury for the purpose of reducing the national debt.
SEC. 9. FINANCIAL ASSURANCES.
(a) NO NET COST TO THE GOVERNMENT.—The Sec-
retary shall take such actions as may be necessary to en-
sure that minting and issuing coins under this Act will
not result in any net cost to the United States Govern-
ment.
(b) PAYMENT FOR COINS.—A coin shall not be issued
under this Act unless the Secretary has received—
(1) full payment for the coin;
(2) security satisfactory to the Secretary to in-
demnify the United States for full payment; or
(3) a guarantee of full payment satisfactory to
the Secretary from a depository institution whose
deposits are insured by the Federal Deposit Insur-
I
103D CONGRESS
2D SESSION
H. R. 4380
To amend the Harmonized Tariff Schedule of the United States to extend
certain provisions relating to verification of wages and issuance of duty
refund certificates to insular producers in the United States Virgin
Islands, Guam, and American Samoa.
IN THE HOUSE OF REPRESENTATIVES
MAY 10, 1994
Mr. DE LUGO introduced the following bill; which was referred to the
Committee on Ways and Means
A BILL
To amend the Harmonized Tariff Schedule of the United
States to extend certain provisions relating to verification
of wages and issuance of duty refund certificates to
insular producers in the United States Virgin Islands,
Guam, and American Samoa.
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
That additional U.S. Note 5(h)(i) to Chapter 91 of the
Harmonized Tariff Schedule of the United States is
amended by striking ‘‘and before January 1, 1995,’’ and
inserting ‘‘and before January 1, 2007,’’.
Æ
HR 6156 PCS
Russian Federation, and annually thereafter, the United 
States Trade Representative shall submit to the Com-
mittee on Finance of the Senate and the Committee on 
Ways and Means of the House of Representatives a report 
describing the enforcement actions taken by the Trade 
Representative against the Russian Federation to ensure 
the full compliance of the Russian Federation with its obli-
gations as a member of the World Trade Organization, 
including obligations under agreements with members of 
the Working Party on the accession of the Russian Fed-
eration to the World Trade Organization. 
SEC. 202. PROMOTION OF THE RULE OF LAW IN THE RUS-
SIAN 
FEDERATION 
TO 
SUPPORT 
UNITED 
STATES TRADE AND INVESTMENT. 
(a) REPORTS ON PROMOTION OF RULE OF LAW.— 
Not later than one year after the effective date under sec-
tion 102(b) of the extension of nondiscriminatory treat-
ment to the products of the Russian Federation, and an-
nually thereafter, the United States Trade Representative 
and the Secretary of State shall jointly submit to the Com-
mittee on Finance of the Senate and the Committee on 
Ways and Means of the House of Representatives a re-
port— 
(1) on the measures taken by the Trade Rep-
resentative and the Secretary and the results 
VerDate Mar 15 2010 
22:54 Nov 26, 2012
Jkt 029200
PO 00000
Frm 00009
Fmt 6652
Sfmt 6201
E:\BILLS\H6156.PCS
H6156
tkelley on DSK3SPTVN1PROD with
ance Corporation or the National Credit Union Ad-
ministration Board.
Æ
HR 4385 RFS
Transit Authority in Huntington, West Virginia, for
the purchase of transit vehicles, equipment, and re-
lated right-of-way facility costs.
(21) ALASKA
MARINE
TRANSPORTATION
SYS-
TEM.—Notwithstanding section 3(a) of the Federal
Transit Act, from funds provided under section
3(k)(1)(B), the Secretary shall make available
$20,000,000 to the State of Alaska for the Alaska
Marine Transportation System project.
(22) LONG
BEACH
BUS
PURCHASE.—From
funds provided under section 3(k)(1)(C) of the Fed-
eral Transit Act, the Secretary shall make available
$3,000,000 to the Long Beach Public Transpor-
tation Company for the purchase of buses and spare
parts.
(23) PALM
DESERT
PEOPLE
MOVER.—From
funds provided under section 3(k)(1)(B) of the Fed-
eral Transit Act, the Secretary shall make available
$5,000,000 for the Palm Desert People Mover
Project.
(24) LOS
ANGELES/BURBANK/GLENDALE/SAN
FERNANDO VALLEY LIGHT RAIL/INTERMODAL CON-
NECTION.—From funds provided under section
3(k)(1)(B) of the Federal Transit Act, the Secretary
shall make available $10,000,000 for the Los Ange-
HR 4385 RFS
available $4,000,000 to make station and track im-
provements in Southwest Brooklyn, New York.
(54) WISCONSIN BUS PROJECTS.—From funds
provided under section 3(k)(1)(C) of the Federal
Transit Act, the Secretary shall make available
$2,600,000 for the purchase of buses, vans, and
bus-related facilities to the State of Wisconsin.
(y) 1996 OLYMPIC
AND
PARA-OLYMPIC
BUS
GRANTS.—From funds provided under section 3(k)(1)(C)
of the Federal Transit Act in fiscal year 1995, the Sec-
retary shall transfer $16,000,000 to the program being
carried out under section 9 of such Act to make available
$10,400,000 in capital and operating grants for the 1996
Olympic and Para-Olympic games and $5,600,000 in cap-
ital and operating grants for the 1996 Para-Olympic
games. The Federal share of such grants shall be 100 per-
cent.
(z) CALSTART CONSORTIUM.—From funds pro-
vided under section 3(k)(1)(C) of the Federal Transit Act,
the Secretary shall make available $5,000,000 to the
CALSTART Consortium to perform the services described
in section 6071(c) of the Intermodal Surface Transpor-
tation Efficiency Act of 1991.
TITLE II—TRADE ENFORCEMENT 
MEASURES RELATING TO THE 
RUSSIAN FEDERATION 
SEC. 201. REPORTS ON IMPLEMENTATION BY THE RUSSIAN 
FEDERATION OF OBLIGATIONS AS A MEMBER 
OF THE WORLD TRADE ORGANIZATION AND 
ENFORCEMENT ACTIONS BY THE UNITED 
STATES TRADE REPRESENTATIVE. 
(a) REPORTS ON IMPLEMENTATION.— 
(1) IN
GENERAL.—Not later than one year 
after the effective date under section 102(b) of the 
extension of nondiscriminatory treatment to the 
products of the Russian Federation, and annually 
thereafter, the United States Trade Representative 
shall submit to the Committee on Finance of the 
Senate and the Committee on Ways and Means of 
the House of Representatives a report assessing the 
following: 
(A) The extent to which the Russian Fed-
eration is implementing the WTO Agreement 
(as defined in section 2 of the Uruguay Round 
Agreements Act (19 U.S.C. 3501)) and the fol-
lowing agreements annexed to that Agreement: 
(i) The Agreement on the Application 
of Sanitary and Phytosanitary Measures 
VerDate Mar 15 2010 
03:55 Aug 01, 2012
Jkt 019200
PO 00000
Frm 00006
Fmt 6652
Sfmt 6201
E:\BILLS\H6156.RH
H6156
smartinez on DSK6TPTVN1PROD with BILLS
(referred to in section 101(d)(3) of the 
Uruguay Round Agreements Act (19 
U.S.C. 3511(d)(3))). 
(ii) The Agreement on Trade-Related 
Aspects of Intellectual Property Rights (re-
ferred to in section 101(d)(15) of the Uru-
guay Round Agreements Act (19 U.S.C. 
3511(d)(15))). 
(B) The progress made by the Russian 
Federation in acceding to, and the extent to 
which the Russian Federation is implementing, 
the following: 
(i) The Ministerial Declaration on 
Trade in Information Technology Products 
of the World Trade Organization, agreed 
to at Singapore December 13, 1996 (com-
monly referred to as the ‘‘Information 
Technology Agreement’’) (or a successor 
agreement). 
(ii) The Agreement on Government 
Procurement 
(referred 
to 
in 
section 
101(d)(17) of the Uruguay Round Agree-
ments Act (19 U.S.C. 3511(d)(17))). 
(2) PLAN FOR ACTION BY TRADE REPRESENTA-
TIVE.— 
VerDate Mar 15 2010 
03:55 Aug 01, 2012
Jkt 019200
PO 00000
Frm 00007
Fmt 6652
Sfmt 6201
E:\BILLS\H6156.RH
H6156
smartinez on DSK6TPTVN1PROD with BILLS
tutions, and for the resolution of disputes
concerning such scores.’’.
SEC. 4. USE OF EDUCATIONAL QUALITY INDEX IN PRO-
GRAM INTEGRITY REVIEWS.
(a) STATE
REVIEW
ENTITY
CRITERIA.—Section
494C(a)(1) of the Higher Education Act of 1965 (20
U.S.C. 1099a–3(a)(1)) is amended by inserting before the
period the following: ‘‘or, in the case of a proprietary insti-
tution of higher education, an educational quality index
score that does not equal or exceed the minimum estab-
lished by the Secretary under section 435(a)(4)(B)(i)’’.
(b) PROGRAM REVIEW.—Section 498A(a)(2)(A) of
such Act (20 U.S.C. 1099c–1(a)(2)(A)) is amended by in-
serting before the semicolon the following: ‘‘or, in the case
of a proprietary institution of higher education, an edu-
cational quality index score that does not equal or exceed
the minimum established by the Secretary under section
435(a)(4)(B)(i)’’.
Æ
113TH CONGRESS 
2D SESSION 
H. R. 4527 
AN ACT 
To remove a use restriction on land formerly a part of 
Acadia National Park that was transferred to the town 
of Tremont, Maine, and for other purposes. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled,
I 
112TH CONGRESS 
1ST SESSION 
H. R. 615 
To amend the Arms Export Control Act to provide that certain firearms 
listed as curios or relics may be imported into the United States by 
a licensed importer without obtaining authorization from the Department 
of State or the Department of Defense, and for other purposes. 
IN THE HOUSE OF REPRESENTATIVES 
FEBRUARY 10, 2011 
Mrs. LUMMIS (for herself, Mr. DONNELLY of Indiana, Mr. REHBERG, Mr. 
BROUN of Georgia, Mr. MILLER of Florida, Mr. CARTER, Mr. KING of 
Iowa, Mr. ROSS of Arkansas, and Mr. BISHOP of Utah) introduced the 
following bill; which was referred to the Committee on Foreign Affairs, 
and in addition to the Committee on Ways and Means, for a period to 
be subsequently determined by the Speaker, in each case for consider-
ation of such provisions as fall within the jurisdiction of the committee 
concerned 
A BILL 
To amend the Arms Export Control Act to provide that 
certain firearms listed as curios or relics may be im-
ported into the United States by a licensed importer 
without obtaining authorization from the Department of 
State or the Department of Defense, and for other pur-
poses. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
VerDate Mar 15 2010 
02:55 Feb 12, 2011
Jkt 099200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6201
E:\BILLS\H615.IH
H615
smartinez on DSKB9S0YB1PROD with BILLS
I 
112TH CONGRESS 
2D SESSION 
H. R. 6158 
To amend the S.A.F.E. Mortgage Licensing Act of 2008 to specify that 
courses offered by lenders for their own employees may not satisfy 
the pre-licensing education or continuing education requirement. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 19, 2012 
Mr. GARY G. MILLER of California introduced the following bill; which was 
referred to the Committee on Financial Services 
A BILL 
To amend the S.A.F.E. Mortgage Licensing Act of 2008 
to specify that courses offered by lenders for their own 
employees may not satisfy the pre-licensing education 
or continuing education requirement. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Protecting Independ-
ence in the Education of Loan Originators Act of 2012’’. 
SEC. 2. LIMITATION ON EDUCATIONAL COURSES. 
(a) 
PRE-LICENSING
COURSES.—Section 
1505(c)(3)(A) of the S.A.F.E. Mortgage Licensing Act of 
VerDate Mar 15 2010 
02:57 Jul 21, 2012
Jkt 019200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6201
E:\BILLS\H6158.IH
H6158
jbell on DSK7SPTVN1PROD with BILLS
2008 (12 U.S.C. 5104(c)(3)(A)) is amended to read as 
follows: 
‘‘(A) LIMITATION.—To maintain the inde-
pendence of the approval process— 
‘‘(i) the Nationwide Mortgage Licens-
ing System and Registry shall not directly 
or indirectly offer pre-licensure educational 
courses for loan originators; and 
‘‘(ii) no course offered directly or indi-
rectly by a lender for the lender’s own em-
ployees shall qualify for purposes of para-
graph (1).’’. 
(b) CONTINUING
EDUCATION
COURSES.—Section 
1506(b)(5)(A) of the S.A.F.E. Mortgage Licensing Act of 
2008 (12 U.S.C. 5105(b)(5)(A)) is amended to read as 
follows: 
‘‘(A) LIMITATION.—To maintain the inde-
pendence of the approval process— 
‘‘(i) the Nationwide Mortgage Licens-
ing System and Registry shall not directly 
or indirectly offer pre-licensure educational 
courses for loan originators; and 
‘‘(ii) no course offered directly or indi-
rectly by a lender for the lender’s own em-
VerDate Mar 15 2010 
02:57 Jul 21, 2012
Jkt 019200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H6158.IH
H6158
jbell on DSK7SPTVN1PROD with BILLS
ployees shall qualify for purposes of para-
graph (1).’’. 
Æ 
VerDate Mar 15 2010 
02:57 Jul 21, 2012
Jkt 019200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6301
E:\BILLS\H6158.IH
H6158
jbell on DSK7SPTVN1PROD with BILLS
I 
112TH CONGRESS 
2D SESSION 
H. R. 6159 
To amend title 49, United States Code, to require that individuals seeking 
training in the operation of certain aircraft be checked against the 
terrorist watchlist to ensure that such individuals are non-threats to 
aviation. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 19, 2012 
Mr. THOMPSON of Mississippi (for himself, Ms. JACKSON LEE of Texas, Mr. 
DAVIS of Illinois, and Mr. RICHMOND) introduced the following bill; 
which was referred to the Committee on Homeland Security 
A BILL 
To amend title 49, United States Code, to require that 
individuals seeking training in the operation of certain 
aircraft be checked against the terrorist watchlist to en-
sure that such individuals are non-threats to aviation. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Flight School Security 
Act of 2012’’. 
VerDate Mar 15 2010 
02:57 Jul 21, 2012
Jkt 019200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6201
E:\BILLS\H6159.IH
H6159
jbell on DSK7SPTVN1PROD with BILLS
SEC. 
2. 
REQUIREMENT 
THAT 
INDIVIDUALS 
SEEKING 
FLIGHT TRAINING ARE CHECKED AGAINST 
THE TERRORIST WATCHLIST. 
(a) IN GENERAL.—Subsection (a) of section 44939 
of title 49, United States Code, is amended— 
(1) by redesignating subparagraphs (A) through 
(F) of paragraph (1) as clauses (i) through (vi), re-
spectively; 
(2) by redesignating paragraphs (1) and (2) as 
subparagraphs (A) and (B), respectively; 
(3) by striking ‘‘12,500 pounds’’ and inserting 
‘‘12,500 pounds—’’; 
(4) by inserting before subparagraph (A), as re-
designated by paragraph (2) of this subsection, a 
new paragraph (2); 
(5) by moving the text beginning with ‘‘to an’’ 
and all that follows through ‘‘only if—’’ to such 
paragraph (2); 
(6) by inserting before such paragraph (2) the 
following new paragraph (1): 
‘‘(1) an individual seeking such training only 
upon receipt of information from the Assistant Sec-
retary that— 
‘‘(A) the individual has been checked 
against the terrorist watchlist to ascertain if the 
individual is a threat to aviation; and 
VerDate Mar 15 2010 
02:57 Jul 21, 2012
Jkt 019200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H6159.IH
H6159
jbell on DSK7SPTVN1PROD with BILLS
‘‘(B) the Assistant Secretary has deter-
mined that the individual is a non-threat to 
aviation; and’’; and 
(7) in the subsection heading by striking 
‘‘WAITING PERIOD.—’’ and inserting ‘‘REQUIRE-
MENTS; WAITING PERIOD.—’’. 
(b) CONFORMING AMENDMENT.—Subparagraph (B) 
of paragraph (2) of subsection (a) of section 44949, as 
redesignated by subsection (a), is amended by striking 
‘‘paragraph (1)’’ and inserting ‘‘subparagraph (A)’’. 
(c) CLERICAL AMENDMENT.—The amendments made 
by subsection (a) shall apply with respect to an individual 
seeking flight training on or after the date of the enact-
ment of this Act. 
Æ 
VerDate Mar 15 2010 
02:57 Jul 21, 2012
Jkt 019200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6301
E:\BILLS\H6159.IH
H6159
jbell on DSK7SPTVN1PROD with BILLS
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Collectible Firearms 
Protection Act’’. 
SEC. 2. AMENDMENTS TO ARMS EXPORT CONTROL ACT. 
(a) IN GENERAL.—Section 38(b)(1) of the Arms Ex-
port Control Act (22 U.S.C. 2778(b)(1)) is amended— 
(1) by redesignating the second subparagraph 
(B) (as added by section 1255(b) of the Foreign Re-
lations Authorization Act, Fiscal Years 1988 and 
1989 (Public Law 100–204; 101 Stat. 1431)) as 
subparagraph (C); 
(2) in subparagraph (B)— 
(A) in the matter preceding clause (i), by 
striking ‘‘subparagraph (A)’’ and inserting 
‘‘subparagraph (A)(i)’’; 
(B) in clause (i), by striking ‘‘Secretary of 
the Treasury’’ and inserting ‘‘Attorney Gen-
eral’’; and 
(C) by striking clause (ii) and inserting the 
following: 
‘‘(ii) the person seeking to export such firearms 
to the United States certifies to the Attorney Gen-
eral that the firearms are lawfully possessed under 
the laws of the exporting country.’’; and 
(3) by adding at the end the following: 
VerDate Mar 15 2010 
02:55 Feb 12, 2011
Jkt 099200
PO 00000
Frm 00002
Fmt 6652
Sfmt 6201
E:\BILLS\H615.IH
H615
smartinez on DSKB9S0YB1PROD with BILLS
‘‘(D) Notwithstanding any other provision of law, 
regulation, or executive order, any such firearms described 
in subparagraph (C) may be imported into the United 
States by an importer licensed under the provisions of 
chapter 44 of title 18, United States Code, without the 
importer or the person described in subparagraph 
(C)(ii)— 
‘‘(i) obtaining authorization from the Depart-
ment of State or the Department of Defense for the 
transfer of such firearms by the person to the im-
porter; or 
‘‘(ii) providing payment to the Department of 
State or the Department of Defense of any of the 
proceeds of the transfer of such firearms by the per-
son to the importer.’’. 
(b) EFFECTIVE DATE.—The amendments made by 
subsection (a) apply to the importation of firearms de-
scribed in section 38(b)(1)(B) of the Arms Export Control 
Act (as amended by subsection (a) of this section) on or 
after the date of the enactment of this Act. 
Æ 
VerDate Mar 15 2010 
02:55 Feb 12, 2011
Jkt 099200
PO 00000
Frm 00003
Fmt 6652
Sfmt 6301
E:\BILLS\H615.IH
H615
smartinez on DSKB9S0YB1PROD with BILLS
I 
112TH CONGRESS 
2D SESSION 
H. R. 6161 
To provide an exemption for low-revenue companies from certain SEC 
regulations. 
IN THE HOUSE OF REPRESENTATIVES 
JULY 19, 2012 
Mr. FITZPATRICK introduced the following bill; which was referred to the 
Committee on Financial Services 
A BILL 
To provide an exemption for low-revenue companies from 
certain SEC regulations. 
Be it enacted by the Senate and House of Representa-
tives of the United States of America in Congress assembled, 
SECTION 1. SHORT TITLE. 
This Act may be cited as the ‘‘Fostering Innovation 
Act’’. 
SEC. 2. EXEMPTION FOR LOW-REVENUE COMPANIES FROM 
CERTAIN SEC REGULATIONS. 
Not later than 180 days after the date of the enact-
ment of this Act, the Securities and Exchange Commission 
shall revise the definition of ‘‘accelerated filer’’, as such 
VerDate Mar 15 2010 
02:58 Jul 21, 2012
Jkt 019200
PO 00000
Frm 00001
Fmt 6652
Sfmt 6201
E:\BILLS\H6161.IH
H6161
jbell on DSK7SPTVN1PROD with BILLS