SBIC Advisers Relief Act of 2014
Latest action · Dec 3, 2014 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Progress
Where this bill reached, and when. A stage with no date was not reached; one that failed a vote and later carried shows the date it carried.
- IntroducedMar 11, 2014
- Passed HouseDec 2, 2014
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
SBIC Advisers Relief Act of 2014 - Amends the Investment Advisers Act of 1940 to exempt specified advisers of small business investment companies (SBICs) from certain: (1) Securities and Exchange Commission (SEC) registration requirements with respect to the provision of investment advice relating to venture capital funds, and (2) SEC registration and reporting requirements with respect to assets under management of private funds.
Provides the same exemption with respect to any state or local law requiring the registration, licensing, or qualifications of investment advisers.
Cosponsors 9
Members who signed on, in the order they did. Signatures ran from Mar 27, 2014 to May 21, 2014.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-MN | Erik Paulsen | Mar 27, 2014 | |
| D-NY | Carolyn B. Maloney | Mar 28, 2014 | |
| R-NC | Patrick T. McHenry | Apr 4, 2014 | |
| D-WI | Gwen Moore | May 6, 2014 | |
| D-CT | James A. Himes | May 6, 2014 | |
| D-FL | Patrick Murphy | May 7, 2014 | |
| D-IL | Bill Foster | May 15, 2014 | |
| R-PA | Keith J. Rothfus | May 15, 2014 | |
| D-IL | Bradley Scott Schneider | May 21, 2014 |
Actions 14
Everything that happened, newest first.
- Dec 3, 2014Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Dec 2, 2014Considered under suspension of the rules. (consideration: CR H8239-8240)
- Dec 2, 2014DEBATE - The House proceeded with forty minutes of debate on H.R. 4200.
- Dec 2, 2014Motion to reconsider laid on the table Agreed to without objection.
- Dec 2, 2014Mr. Luetkemeyer moved to suspend the rules and pass the bill.
Related bills 2
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| S 2765 | SBIC Advisers Relief Act of 2014 | Identical bill | Jul 31, 2014 |
| HR 5405 | Promoting Job Creation and Reducing Small Business Burdens Act | Related bill | Sep 17, 2014 |
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 4
Each version as it was printed, newest first.
- Dec 3, 2014Referred in Senate
- Dec 2, 2014Reported in House
- Dec 2, 2014Engrossed in House
- Mar 11, 2014Introduced in House
Everything here is as published by Congress: the summary is the Congressional Research Service's, the action wording is the clerks', and the subjects are the Library of Congress's. How far it got is read from the actions themselves, taking the most recent one of each kind, so a bill that failed a vote and later passed is shown as having passed. Records come from this bill on Congress.gov and govinfo.gov.