# § 78kk. Authorization of appropriations
In addition to any other funds authorized to be appropriated to the Commission, there are authorized to be appropriated to carry out the functions, powers, and duties of the Commission—
**(1)** for fiscal year 2011, $1,300,000,000;
**(2)** for fiscal year 2012, $1,500,000,000;
**(3)** for fiscal year 2013, $1,750,000,000;
**(4)** for fiscal year 2014, $2,000,000,000; and
**(5)** for fiscal year 2015, $2,250,000,000.
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**Source Credit**: (June 6, 1934, ch. 404, title I, § 35, as added Pub. L. 94–29, § 24, June 4, 1975, 89 Stat. 162; amended Pub. L. 95–20, Apr. 13, 1977, 91 Stat. 47; Pub. L. 95–211, Dec. 19, 1977, 91 Stat. 1492; Pub. L. 95–425, § 1, Oct. 6, 1978, 92 Stat. 962; Pub. L. 96–477, title IV, § 401, Oct. 21, 1980, 94 Stat. 2291; Pub. L. 100–181, title I, § 101, Dec. 4, 1987, 101 Stat. 1249; Pub. L. 100–704, § 8, Nov. 19, 1988, 102 Stat. 4683; Pub. L. 101–550, title I, § 102, Nov. 15, 1990, 104 Stat. 2713; Pub. L. 104–290, title IV, § 403, Oct. 11, 1996, 110 Stat. 3441; Pub. L. 105–353, title II, § 201, Nov. 3, 1998, 112 Stat. 3233; Pub. L. 107–204, title VI, § 601, July 30, 2002, 116 Stat. 793; Pub. L. 111–203, title IX, § 991(c), July 21, 2010, 124 Stat. 1953.)
## Editorial Notes
### Codification
, which directed amendment of the Securities Exchange Act of 1934 by adding this section at the end, is reflected in the source credit above as adding this section to title I of the Securities Exchange Act of 1934, to reflect the probable intent of Congress.
### Amendments
2010— amended section generally. Prior to amendment, section related to appropriation for fiscal year 2003 and specified amounts to fund certain additional compensation, for mitigation activities after the , attacks, and to add additional oversight personnel and improve investigative and disciplinary efforts.
2002— amended section generally, updating fiscal year from 1999 to 2003, striking out subsec. designations, and substituting provisions relating to funding of additional compensation, terrorist-related information technology, security enhancements, and recovery and mitigation activities, and an additional 200 qualified professionals to provide enhanced oversight for provisions relating to miscellaneous expenses such as meetings and official functions.
1998— amended section generally. Prior to amendment, text read as follows: “There are authorized to be appropriated to carry out the functions, powers, and duties of the Commission $300,000,000 for fiscal year 1997, in addition to any other funds authorized to be appropriated to the Commission.”
1996— amended section generally. Prior to amendment, text read as follows: “There are authorized to be appropriated to carry out the functions, powers, and duties of the Commission—
“(1) $178,023,000 for the fiscal year ending ; and
“(2) $212,609,000 for the fiscal year ending .”
1990— amended section generally, substituting present provisions for former provisions which provided for fiscal years 1988 and 1989: in subsec. (a), for authorization of appropriations for the Commission; in subsec. (b), for amounts for the EDGAR system; and in subsec. (c), for amounts for reception and representation expenses and for membership in the International Organization of Securities Commissions.
1988—Subsec. (c). added subsec. (c).
1987— amended section generally. Prior to amendment, text read as follows: “There are authorized to be appropriated to carry out the functions, powers, and duties of the Commission not to exceed $51,000,000 for the fiscal year ending , $56,500,000 for the fiscal year ending , $63,750,000 for the fiscal year ending , $69,000,000 for the fiscal year ending , $79,000,000 for the fiscal year ending , $85,500,000 for the fiscal year ending , $96,640,000 for the fiscal year ending , and $106,610,000 for the fiscal year ending . For fiscal years succeeding fiscal year 1983, there may be appropriated such sums as the Congress may hereafter authorize by law.”
1980— authorized appropriations of $85,500,000 for fiscal year ending , $96,640,000 for fiscal year ending , and $106,610,000 for fiscal year ending , and provided that for fiscal years succeeding 1983, there may be appropriated such sums as Congress may authorize by law.
1978— inserted provision authorizing appropriations of not to exceed $69,000,000, and $79,000,000 for fiscal years ending and 1980, respectively, and substituted “fiscal year 1980” for “fiscal year 1978”.
1977— authorized appropriations of not to exceed $63,750,000 for fiscal year ending , and substituted “For the fiscal years succeeding fiscal year 1978” for “For fiscal years succeeding the 1977 fiscal year” in provisions relating to appropriations for succeeding fiscal years.
substituted “$56,500,000” for “$55,000,000”.
## Statutory Notes and Related Subsidiaries
### Effective Date of 2010 Amendment
Amendment by effective 1 day after , except as otherwise provided, see , set out as an Effective Date note under , Banks and Banking.
### Effective Date of 1988 Amendment
Amendment by not applicable to actions occurring before , see set out as a note under section 78 of this title.
### Effective Date
Section effective , see , set out as a note under .