; (2) by striking subsection (d); and (3) in subsection (f)(3), by striking Any payment or reimbursement accepted shall be considered a reimbursement to the appropriated funds of the Commission. and inserting Such payments or reimbursements shall be available to the Commission without further appropriation. . (b) Securities and Exchange Commission Section 31 of the Securities Exchange Act of 1934 ( 15 U.S.C. 78ee ) is amended— (1) in subsection (a)— (A) in the heading for such subsection, by striking Recovery of Costs of Annual Appropriation and inserting In general ; and (B) by striking recover the costs to the Government of the annual appropriation to the Commission by Congress and inserting cover the costs to the Commission for the supervision and regulation of securities markets and securities professionals, and use such fees and assessments without further appropriation ; (2) by striking subsection (i); (3) in subsection (j)— (A) by striking regular appropriation to the Commission by Congress each place such term appears and inserting target offsetting collection amount ; and (B) by amending paragraph (4)(A) to read as follows: (A) Annual adjustment An adjusted rate prescribed under paragraph (1) shall take effect on the first day of the fiscal year to which such rate applies. ; and (4) by striking subsection (k). V Transitional, savings, and conforming provisions 501. Savings provisions (a) Continuity of legal instruments All orders, determinations, rules, regulations, permits, grants, contracts, certificates, licenses, and privileges— (1) which have been issued, made, granted, or allowed to become effective by the President, the Securities and Exchange Commission, or the Commodity Futures Trading Commission, or any component thereof, or by a court of competent jurisdiction, in the performance of functions which are transferred under this Act to the Commission