US HB1082 | 2011-2012 | 112th Congress
Status
Spectrum: Moderate Partisan Bill (Republican 9-2)
Status: Introduced on March 15 2011 - 25% progression, died in chamber
Action: 2011-07-12 - Placed on the Union Calendar, Calendar No. 91.
Text: Latest bill text (Introduced) [PDF]
Status: Introduced on March 15 2011 - 25% progression, died in chamber
Action: 2011-07-12 - Placed on the Union Calendar, Calendar No. 91.
Text: Latest bill text (Introduced) [PDF]
Summary
Small Business Capital Access and Job Preservation Act - Amends the Investment Advisers Act of 1940 to exempt private equity fund investment advisers from its registration and reporting requirements, provided that each private equity fund has not borrowed and does not have outstanding a principal amount exceeding twice its invested capital commitments. Directs the Securities and Exchange Commission (SEC) to promulgate final rules that: (1) require such investment advisers to maintain records the SEC determines necessary, taking into account fund size, governance, investment strategy, and risk; and (2) define the term "private equity fund" for purposes of this Act.
Title
Small Business Capital Access and Job Preservation Act
Sponsors
Rep. Robert Hurt [R-VA] | Rep. Spencer Bachus [R-AL] | Rep. Judy Biggert [R-IL] | Rep. Mike Coffman [R-CO] |
Rep. Jim Cooper [D-TN] | Rep. Scott Garrett [R-NJ] | Rep. Steven LaTourette [R-OH] | Rep. Donald Manzullo [R-IL] |
Rep. Alan Nunnelee [R-MS] | Rep. Mike Ross [D-AR] | Rep. Steve Stivers [R-OH] |
History
Date | Chamber | Action |
---|---|---|
2011-07-12 | House | Placed on the Union Calendar, Calendar No. 91. |
2011-07-12 | House | Reported (Amended) by the Committee on Financial Services. H. Rept. 112-143. |
2011-06-22 | House | Ordered to be Reported (Amended) by Voice Vote. |
2011-06-22 | House | Committee Consideration and Mark-up Session Held. |
2011-05-04 | House | Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 19 - 13 . |
2011-05-04 | House | Subcommittee Consideration and Mark-up Session Held. |
2011-05-03 | House | Subcommittee Consideration and Mark-up Session Held. |
2011-04-04 | House | Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises. |
2011-03-16 | House | Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral. |
2011-03-15 | House | Referred to the House Committee on Financial Services. |
Subjects
Administrative law and regulatory procedures
Banking and financial institutions regulation
Business records
Finance and financial sector
Financial services and investments
Government information and archives
Securities and Exchange Commission (SEC)
Banking and financial institutions regulation
Business records
Finance and financial sector
Financial services and investments
Government information and archives
Securities and Exchange Commission (SEC)