Politiparty
Politiparty

118th Congress Finance and Financial Sector

H.R. 835: Fair Investment Opportunities for Professional Experts Act

Passed HouseJun 5, 2023

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

Summary

Passed House, Jun 5, 2023

This bill expands the eligibility criteria for an accredited investor for purposes of participating in private offerings of securities to include an individual determined by the Securities and Exchange Commission (SEC) to have qualifying professional knowledge through educational or professional experience. (Certain unregistered securities may only be offered to accredited investors.)

The SEC is directed to revise the definition of accredited investor in Regulation D (which exempts certain offerings from SEC registration requirements) to conform to changes in this bill.

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

7

Bipartisan support.

Who scored on this bill

84 points earned
  1. 1J. Hill R-AR SponsorIntroduced, drew cross-party cosponsors, reported, passed House4 events+56
  2. 2Warren Davidson R-OHCosponsored; cosponsored bill passed2 events+4
  3. 2Byron Donalds R-FLCosponsored; cosponsored bill passed2 events+4
  4. 2Tom Emmer R-MNCosponsored; cosponsored bill passed2 events+4
  5. 2Michael Lawler R-NYCosponsored; 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 J. Hill

History

  1. Jun 5, 2023Passed the House by voice vote.
  2. Feb 6, 2023Introduced in the House by J. Hill.
Show the full action history (13 actions)
  1. Jun 6, 2023Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. Jun 5, 2023Reported (Amended) by the Committee on Financial Services. H. Rept. 118-87.
  3. Jun 5, 2023Placed on the Union Calendar, Calendar No. 64.
  4. Jun 5, 2023Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
  5. Jun 5, 2023Considered under suspension of the rules. (consideration: CR H2717-2719)
  6. Jun 5, 2023DEBATE - The House proceeded with forty minutes of debate on H.R. 835.
  7. Jun 5, 2023Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2717)
  8. Jun 5, 2023On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2717)
  9. Jun 5, 2023Motion to reconsider laid on the table Agreed to without objection.
  10. Apr 26, 2023Committee Consideration and Mark-up Session Held.
  11. Apr 26, 2023Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
  12. Feb 6, 2023Introduced in House
  13. Feb 6, 2023Referred to the House Committee on Financial Services.