Bill SponsorBILLSPONSOR
Bill Sponsor
Politicians
Bills
House Bill 1219
115th Congress(2017-2018)
Supporting America's Innovators Act of 2017
Active
Active
Passed House on Apr 6, 2017
Overview
Text
Introduced
Feb 27, 2017
Latest Action
Apr 6, 2017
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
1219
Congress
115
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
Sponsorship by Party
Republican
Patrick McHenry
North Carolina
Democrat
Brad Sherman
California
Republican
Trey Hollingsworth
Indiana
Democrat
Josh Gottheimer
New Jersey
Democrat
Nydia Velazquez
New York
House Votes (1)
Senate Votes (0)
checkPassed on April 6, 2017
Question
On Passage
Status
Passed
Type
Roll Call Vote
Roll Call Vote
A vote that records the individual position of each Member who voted. Such votes occurring on the House floor (by the "yeas and nays" or by "recorded vote") are taken by electronic device. The Senate has no electronic voting system; in such votes, Senators answer "yea" or "nay" as the clerk calls each name aloud. Each vote is compiled by clerks and receives a roll call number (referenced in Congress.gov as a "Record Vote" [Senate] or "Roll no." [House]).
Roll Call Type
Yea-And-Nay
Roll Number
221
House Roll Call Votes
Summary

Supporting America's Innovators Act of 2017

This bill amends the Investment Company Act of 1940 to exempt from the definition of an "investment company," for purposes of specified limitations applicable to such a company under the Act, a qualifying venture capital fund that has no more than 250 investors. Specifically, the bill applies to a venture capital fund that has less than $10 million in aggregate capital contributions and uncalled committed capital.

Under current law, a venture capital fund is considered to be an investment company if it has more than 100 investors.

Text (4)
Engrossed in House
April 6, 2017
Referred in Senate
April 6, 2017
Reported in House
March 29, 2017
Introduced in House
February 27, 2017
Related Bills (3)
May 24, 2018
Became Public Law 115-174
27
Sponsorship
Senate Bill 2155
Economic Growth, Regulatory Relief, and Consumer Protection Act
Became Law
Amendments
Type
Related Bill
Related Bill
A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-Congress measures.
Identified By
CRS
Sep 11, 2017
Passed Senate
3
Sponsorship
Senate Bill 444
Supporting America's Innovators Act of 2017
Active
Type
Identical Bill
Identical Bill
A bill that is word-for-word identical to another bill. Bills are characterized as identical to each other at the introduced stage only, even though a later (e.g., reported or passed) version of a bill might meet the same criteria for text similarity. Companion measures, procedurally-related measures, and legislation with text similarities are other related bill types.
Identified By
CRS
Apr 05, 2017
Passed House
1
Sponsorship
House Simple Resolution 242
Providing for consideration of the bill (H.R. 1219) to amend the Investment Company Act of 1940 to expand the investor limitation for qualifying venture capital funds under an exemption from the definition of an investment company, and providing for proceedings during the period from April 7, 2017, through April 24, 2017.
Active
Type
Procedurally-Related Measure
Procedurally-Related Measure
Legislation that affects consideration of other legislation (e.g., a rule for consideration, a bill ordered to be reported or passed in lieu of another measure). Identical bills, companion measures, and legislation with text similarities are other related bill types.
Identified By
House
Actions (16)
04/06/2017
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
04/06/2017
Motion to reconsider laid on the table Agreed to without objection.
04/06/2017
On passage Passed by the Yeas and Nays: 417 - 3 (Roll no. 221). (text: CR H2759)
04/06/2017
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 417 - 3 (Roll no. 221).(text: CR H2759)
04/06/2017
The previous question was ordered pursuant to the rule.
04/06/2017
DEBATE - The House proceeded with one hour of debate on H.R. 1219.
04/06/2017
Rule provides for consideration of H.R. 1219 with 1 hour of general debate. The resolution provides for one motion to recommit; and providing for proceedings during the period from April 7, 2017 through April 24, 2017
04/06/2017
Considered under the provisions of rule H. Res. 242. (consideration: CR H2759-2767)
04/05/2017
Rule H. Res. 242 passed House.
04/03/2017
Rules Committee Resolution H. Res. 242 Reported to House. Rule provides for consideration of H.R. 1219 with 1 hour of general debate. The resolution provides for one motion to recommit; and providing for proceedings during the period from April 7, 2017 through April 24, 2017
03/29/2017
Placed on the Union Calendar, Calendar No. 41.
03/29/2017
Reported by the Committee on Financial Services. H. Rept. 115-70.
03/09/2017
Ordered to be Reported by the Yeas and Nays: 54 - 2.
03/09/2017
Committee Consideration and Mark-up Session Held.
02/27/2017
Referred to the House Committee on Financial Services.
02/27/2017
Introduced in House
Public Record
Record Updated
Jan 11, 2023 1:35:05 PM
Copyright Âİ 2024 Civic Bits LLC
Privacy Policy
Terms of Service
What's New
About