S. 2059 · 108th Congress · 2003–2004
Mutual Fund Reform Act of 2004
S. 2059 in the 108th Congress (2003–2004) was introduced on Feb 10, 2004, sponsored by Peter Fitzgerald with 12 co-sponsors.
During the 108th Congress (2003–2004), George W. Bush was president, and Republicans held majorities in both the House and Senate.
- Status
- Introduced
- Introduced
- Feb 10, 2004
- Co-sponsors
- 12
- Policy area
- Finance and Financial Sector
What it does
Mutual Fund Reform Act of 2004 - Amends the Investment Company Act of 1940 to: (1) reduce from 60 percent to 25 percent the maximum number of interested persons serving on the board of directors of a registered investment company; and (2) prohibit an interested person of such company from serving as chairman of such board of directors.
Summary by the nonpartisan Congressional Research Service.
Sponsor
Peter Fitzgerald (R-IL). Co-sponsors: 7 Democrats, 5 Republicans.
Where it stands
- IntroducedFeb 10, 2004
- Passed the Senate—
- Passed the House—
- Sent to the President—
- Became law—
Latest action: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (text of measure as introduced: CR S797-802) (Feb 10, 2004)
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- S. 977: Treatment of Children's Deformities Act of 2003
- S. 1567: Department of Homeland Security Financial Accountability Act
Other Finance and Financial Sector bills in the 108th Congress
- H.R. 258: American 5-Cent Coin Design Continuity Act of 2003
- H.R. 658: Accountant, Compliance, and Enforcement Staffing Act of 2003
- H.R. 2465: Family Farmer Bankruptcy Relief Act of 2003
- H.R. 659: Hospital Mortgage Insurance Act of 2003
- H.R. 1474: Check Clearing for the 21st Century Act
- H.R. 2622: Fair and Accurate Credit Transactions Act of 2003
- H.R. 1533: To amend the securities laws to permit church pension plans to be invested in collective trusts.
- S. 2864: Family Farmer Bankruptcy Relief Act of 2004
- H.R. 21: Unlawful Internet Gambling Funding Prohibition Act
- S.J.Res. 31: A joint resolution to provide for Congressional disapproval of certain regulations issued by the…
Committees
More
From GovInfo bill records, Congressional Research Service summaries, Voteview roll calls and lobbying reports.
Cite or embed this page
Capitol Receipts, “S. 2059 (108th Congress): Mutual Fund Reform Act of 2004,” https://www.capitolreceipts.com/bill/108-s-2059/mutual-fund-reform-act-of-2004 (accessed 2026-10-17).