H.R. 1219 — 115th Congress
Supporting America's Innovators Act of 2017
Sponsor
More bills from this sponsor
115th Congress| Measure | Title |
|---|---|
| H.R. 3299 · Finance and Financial Sector | Protecting Consumers' Access to Credit Act of 2017 |
Latest action
Apr 6, 2017Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
CRS summary
As of Apr 6, 2017Passed House without amendment
(This measure has not been amended since it was introduced. The expanded summary of the House reported version is repeated here.)
Supporting America's Innovators Act of 2017
(Sec. 2) 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.
Congressional Research Service, via api.congress.gov (public domain)
Roll-call votes
1 on recordApr 6, 2017 · On Passage
Full roll callYea — 417: 231 R · 184 D · 2 I
Nay — 3: 2 D · 1 L
| Member | State |
|---|---|
| Michael E. Capuano | MA |
| Stephen F. Lynch | MA |
| Justin Amash | MI |
Not Voting — 9: 6 D · 3 R
| Member | State |
|---|---|
| Danny K. Davis | IL |
| Niki Tsongas | MA |
| Emanuel Cleaver | MO |
| Louise McIntosh Slaughter | NY |
| Dwight Evans | PA |
| A. Donald McEachin | VA |
| Peter T. King | NY |
| Jim Bridenstine | OK |
| John J. Duncan, Jr. | TN |
Member pages currently show roll-call votes from the 119th Congress only. The “Member pages” column marks votes from that congress.