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[DOCID: f:h2819ih.txt]






107th CONGRESS
  1st Session
                                H. R. 2819

   To amend the Clayton Act with respect to the exemptions from the 
          notification requirements of section 7A of such Act.


_______________________________________________________________________


                    IN THE HOUSE OF REPRESENTATIVES

                             August 2, 2001

Mr. Smith of Texas introduced the following bill; which was referred to 
                     the Committee on the Judiciary

_______________________________________________________________________

                                 A BILL


 
   To amend the Clayton Act with respect to the exemptions from the 
          notification requirements of section 7A of such Act.

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

SECTION 1. SHORT TITLE.

    This Act may be cited as the ``Passive Investor Regulatory Relief 
Act of 2001''.

SEC. 2. AMENDMENT.

    Section 7A(c)(9) of the Clayton Act (15 U.S.C. 18a(c)(9)) is 
amended by striking ``, solely for the purpose of investment,''.

SEC. 3. EFFECTIVE DATE; APPLICATION OF AMENDMENT.

    (a) Effective Date.--This Act and the amendment made by this Act 
shall take effect on the 1st day of the 1st month that begins more than 
15 days after the date of the enactment of this Act.
    (b) Application of Amendment.--The amendment made by this Act shall 
not apply with respect to conduct occurring before the effective date 
of this Act.
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