US Congress Senate Bill 1831 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 25-0)
Status: Introduced on November 9 2011 - 25% progression, died in chamber
Action: 2011-12-14 - Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance and Investment. Hearings held.
Text: Latest bill text (Introduced) [PDF]

Access to Capital for Job Creators Act -Amends the Securities Act of 1933 to exempt from proscriptions governing interstate commerce and the mails those transactions by an issuer that do not involve a public offering, whether or not such transactions involve general solicitation or general advertising. Directs the Securities and Exchange Commission (SEC) to revise rules governing an exemption from public offering requirements for limited offers and sales without regard to the dollar amount of the offering (Regulation D), so as to provide that a specified prohibition against general solicitation or general advertising does not apply to offers and sales of securities made pursuant to Regulation D if all purchasers of the securities are accredited investors. Amends such revised rules to require that the issuer take reasonable steps to verify that purchasers of the securities are accredited investors, using such methods as are determined by the SEC.

Access to Capital for Job Creators Act

Sen. John Thune [R-SD]	Sen. John Barrasso [R-WY]	Sen. Roy Blunt [R-MO]	Sen. John Boozman [R-AR]
Sen. Richard Burr [R-NC]	Sen. Daniel Coats [R-IN]	Sen. Thad Cochran [R-MS]	Sen. Lindsey Graham [R-SC]
Sen. Chuck Grassley [R-IA]	Sen. Orrin Hatch [R-UT]	Sen. Dean Heller [R-NV]	Sen. John Hoeven [R-ND]
Sen. Kay Hutchison [R-TX]	Sen. James Inhofe [R-OK]	Sen. Mike Johanns [R-NE]	Sen. Ron Johnson [R-WI]
Sen. Richard Lugar [R-IN]	Sen. John McCain [R-AZ]	Sen. Mitch McConnell [R-KY]	Sen. Lisa Murkowski [R-AK]
Sen. Pat Roberts [R-KS]	Sen. Marco Rubio [R-FL]	Sen. Jeff Sessions [R-AL]	Sen. Pat Toomey [R-PA]
Sen. Roger Wicker [R-MS]

Date	Chamber	Action
2011-12-14	Senate	Committee on Banking, Housing, and Urban Affairs Subcommittee on Securities, Insurance and Investment. Hearings held.
2011-12-01	Senate	Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 112-444.
2011-11-09	Senate	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

HB2940 (Related) 2011-11-08 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 225.

Type	Source
Summary	https://www.congress.gov/bill/112th-congress/senate-bill/1831/all-info
Text	https://www.congress.gov/112/bills/s1831/BILLS-112s1831is.pdf