HR1219: Supporting America’s Innovators Act of 2017

By | January 22, 2018
Seal of the U.S. Securities and Exchange Commission.

Seal of the U.S. Securities and Exchange Commission.

This bill amends the Investment Company Act of 1940 to exempt from the definition of an “investment company” a qualifying venture capital fund that has no more than 250 investors.

Official Summary

Passed House
2017-04-06
Passed Senate
Signed by President
Became Public Law

Amendments

None.

Sponsors

Original sponsor: Rep. McHenry, Patrick T. [R-NC-10]

Cosponsors: Rep. Velazquez, Nydia M. [D-NY-7], Rep. Hollingsworth, Trey [R-IN-9], Rep. Sherman, Brad [D-CA-30], Rep. Gottheimer, Josh [D-NJ-5]

Votes

Passed House: http://clerk.house.gov/evs/2017/roll221.xml

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