Politiparty
Politiparty

118th Congress Finance and Financial Sector

H.R. 2652: Investment Opportunity Expansion Act

Introduced

  1. Introduced (completed)Apr 17, 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 17, 2023

This bill expands 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 an individual to qualify if their aggregate investment in such a securities offering is not more than 10% of the individual's net assets or 10% of the individual's annual income, whichever is greater.

Written by the Congressional Research Service, Library of Congress.

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Amendments

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Other bills by Alexander Mooney

History

  1. Apr 17, 2023Introduced in the House by Alexander Mooney.
Show the full action history (2 actions)
  1. Apr 17, 2023Introduced in House
  2. Apr 17, 2023Referred to the House Committee on Financial Services.