118th Congress Finance and Financial Sector
H.R. 1579: Accredited Investor Definition Review Act
Passed House
- Introduced (completed)
- Passed House (completed)
- Passed Senate (not reached)
- To the President (not reached)
- Became law (not reached)
Summary
This bill revises who may be considered an accredited investor for purposes of participating in private offerings of securities. Certain unregistered securities may only be offered to accredited investors.
Specifically, the bill allows the Securities and Exchange Commission (SEC) discretion in determining what certifications, designations, or credentials investors must possess for purposes of investor protection, provided that the credentials are at least as broad as the existing regulations. Additionally, the SEC must review these credentials every five years.
Written by the Congressional Research Service, Library of Congress.
Roll calls
No roll call votes have been held on this bill.
Amendments
No amendments were offered to this bill.
Cosponsors
- Michael Lawler R-NY
Who scored on this bill
- 1Bill Huizenga SponsorIntroduced, reported, passed House3 events+50
- 2Michael LawlerCosponsored; cosponsored bill passed2 events+4
See all scorers and every scoring event
Introductions and cosponsorships count toward weekly caps and show no points.
Other bills by Bill Huizenga
- H.R. 6058: STRIDE Act
- H.R. 8283: Deterring American AI Model Theft Act of 2026
- H.R. 3447: Chip Security Act
- H.R. 7085: To amend the Securities Exchange Act of 1934 to repeal certain disclosure requirements related to conflict minerals, and for other purposes.
- H.R. 6555: Enhancing Bank Resolution Participation Act
- H.R. 3190: BRAVE Burma Act
History
- Passed the House by voice vote.
- Introduced in the House by Bill Huizenga.
Show the full action history (13 actions)
- Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Reported (Amended) by the Committee on Financial Services. H. Rept. 118-92.
- Placed on the Union Calendar, Calendar No. 69.
- Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
- Considered under suspension of the rules. (consideration: CR H2719-2721)
- DEBATE - The House proceeded with forty minutes of debate on H.R. 1579.
- Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2719)
- On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2719)
- Motion to reconsider laid on the table Agreed to without objection.
- Committee Consideration and Mark-up Session Held.
- Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 41 - 2.
- Introduced in House
- Referred to the House Committee on Financial Services.