Home > 105th Congressional Bills > H.R. 659 (ih) To amend the Clean Air Act and the Superfund Amendments and Reauthorization Act of 1986 to clarify the listing of a unique chemical substance. ...

H.R. 659 (ih) To amend the Clean Air Act and the Superfund Amendments and Reauthorization Act of 1986 to clarify the listing of a unique chemical substance. ...

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  1st Session
                                H. R. 658

To provide for the protection of investors, increase confidence in the 
 capital markets system, and fully implement the Sarbanes-Oxley Act of 
    2002 by streamlining the hiring process for certain employment 
          positions in the Securities and Exchange Commission.



                           February 11, 2003

 Mr. Baker (for himself and Mr. Oxley) introduced the following bill; 
   which was referred to the Committee on Financial Services, and in 
  addition to the Committee on Government Reform, for a period to be 
subsequently determined by the Speaker, in each case for consideration 
  of such provisions as fall within the jurisdiction of the committee 


                                 A BILL

To provide for the protection of investors, increase confidence in the 
 capital markets system, and fully implement the Sarbanes-Oxley Act of 
    2002 by streamlining the hiring process for certain employment 
          positions in the Securities and Exchange Commission.

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


    This Act may be cited as the ``Accountant, Compliance, and 
Enforcement Staffing Act of 2003''.


    Section 4(b) of the Securities Exchange Act of 1934 (15 U.S.C. 
78d(b)) is amended--
            (1) by redesignating paragraph (3) as paragraph (4); and
            (2) by inserting after paragraph (2) the following new 
            ``(3) Accountants, economists, and compliance examiners 
        excepted from competitive service.--All accountant, economist, 
        and securities compliance examiner positions in the Securities 
        and Exchange Commission shall be excepted from the competitive 
        service, as defined in section 2102 of title 5, United States 
        Code. An employee who is in the competitive service at the time 
        his or her position becomes excepted from the competitive 
        service under this paragraph shall be considered as continuing 
        in the competitive service as long as he or she continues to 
        occupy such position.''.

Pages: 1

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