Politiparty
Politiparty

118th Congress Finance and Financial Sector

H.R. 2578: Small Business Investor Capital Access Act

Introduced

  1. Introduced (completed)Apr 13, 2023
  2. Passed House (not reached)
  3. Passed Senate (not reached)
  4. To the President (not reached)
  5. Became law (not reached)

Summary

Introduced in House, Apr 13, 2023

This bill requires the Securities and Exchange Commission (SEC) to adjust annually for inflation the dollar amount of an exemption from registration requirements for investment advisors of private funds. Currently, investment advisors of private funds of less than $150 million in assets under management are exempt. The bill would require the SEC to adjust that amount annually based on the change in the Consumer Price Index.

Written by the Congressional Research Service, Library of Congress.

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Amendments

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Other bills by Garland Barr

History

  1. Apr 13, 2023Introduced in the House by Garland Barr.
Show the full action history (2 actions)
  1. Apr 13, 2023Introduced in House
  2. Apr 13, 2023Referred to the House Committee on Financial Services.