Politiparty
Politiparty

118th Congress Finance and Financial Sector

H.R. 2627: Increasing Investor Opportunities Act

ReportedDec 12, 2023

  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

Reported to House, Dec 12, 2023

This bill allows a closed-end fund—a portfolio of pooled assets with a limited number of shares traded on an exchange—to increase its investment in private investment funds. The Securities and Exchange Commission is prohibited from limiting the sale or listing of securities of a closed-end fund that invests in private investment funds. This bill also apples to a closed-end company treated as a business development company.

Written by the Congressional Research Service, Library of Congress.

Roll calls

0 votes on this bill

No roll call votes have been held on this bill.

Amendments

0 offered

No amendments were offered to this bill.

Cosponsors

4

Bipartisan support.

Who scored on this bill

26 points earned
  1. 1Ann Wagner R-MO SponsorDrew cross-party cosponsors, introduced, reported3 events+26
See all scorers and every scoring event

Introductions and cosponsorships count toward weekly caps and show no points.

Other bills by Ann Wagner

History

  1. Apr 13, 2023Introduced in the House by Ann Wagner.
Show the full action history (6 actions)
  1. Dec 12, 2023Reported (Amended) by the Committee on Financial Services. H. Rept. 118-312.
  2. Dec 12, 2023Placed on the Union Calendar, Calendar No. 252.
  3. May 24, 2023Committee Consideration and Mark-up Session Held
  4. May 24, 2023Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 37 - 11.
  5. Apr 13, 2023Introduced in House
  6. Apr 13, 2023Referred to the House Committee on Financial Services.