Small Business Capital Formation Enhancement Act
Latest action · Feb 3, 2016 Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 361.
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.
- IntroducedDec 3, 2015
- Passed HouseFeb 1, 2016
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
Small Business Capital Formation Enhancement Act
(Sec. 2) This bill amends the Small Business Investment Incentive Act of 1980 with respect to the annual government-business forum of the Securities and Exchange Commission (SEC) to review the current status of problems and programs relating to small business capital formation.
The SEC shall review each of the forum's findings and recommendations and issue a public statement promptly assessing it and disclosing the action, if any, the SEC intends to take with respect to it.
Recorded votes 1
Newest first. Open one to see how every member voted.
| Roll call | Question | Result | Date |
|---|---|---|---|
| House 47 | On Motion to Suspend the Rules and Pass | Passed390–1 | Feb 1, 2016 |
Cosponsors 1
Members who signed on, in the order they did. All signed on Dec 3, 2015.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Juan Vargas | Original | Dec 3, 2015 |
Committees 1
Where it was sent and what each committee and subcommittee did with it, in order.
| Chamber | Committee | What it did |
|---|---|---|
| House | Financial Services Committee | Referred Dec 3, 2015Markup Dec 9, 2015Reported Feb 1, 2016 |
| Capital Markets Subcommittee | Hearings Dec 2, 2015 |
Actions 17
Everything that happened, newest first.
- Feb 3, 2016Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 361.
- Feb 2, 2016Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
- Feb 1, 2016Reported by the Committee on Financial Services. H. Rept. 114-409.
- Feb 1, 2016Placed on the Union Calendar, Calendar No. 312.
- Feb 1, 2016Mr. Garrett moved to suspend the rules and pass the bill.
- Feb 1, 2016Considered under suspension of the rules. (consideration: CR H382-384)
- Feb 1, 2016DEBATE - The House proceeded with forty minutes of debate on H.R. 4168.
- Feb 1, 2016At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
- Feb 1, 2016Considered as unfinished business. (consideration: CR H402)
- Feb 1, 2016Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 390 - 1 (Roll no. 47). (text: CR H382)
- Feb 1, 2016Motion to reconsider laid on the table Agreed to without objection.
- Dec 9, 2015Committee Consideration and Mark-up Session Held.
- Dec 9, 2015Ordered to be Reported by the Yeas and Nays: 55 - 1.
- Dec 8, 2015Committee Consideration and Mark-up Session Held.
- Dec 3, 2015Introduced in House
- Dec 3, 2015Referred to the House Committee on Financial Services.
- Dec 2, 2015Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.
In the Congressional Record 3
Days the Record’s own index lists this bill, newest first, with the pages and the members it names. Pages starting H are the House, S the Senate, E Extensions of Remarks.
| Where | In the Record | Members | Date |
|---|---|---|---|
| Senate | Debate and remarks S531 | Mitch McConnell R-KY | Feb 3, 2016 |
| Senate | Debate and remarks S530 | Lisa Murkowski R-AK | Feb 2, 2016 |
| House | Debate and remarks H382–H384Text printed H382Recorded votes H402enact | Bruce Poliquin R-ME, John C. Carney, Jr. D-DE, Scott Garrett R-NJ, Tom Emmer R-MN | Feb 1, 2016 |
Research
What has been written about this bill: committee reports, cost estimates, the sponsor’s authority statement, printed hearings and the Congressional Research Service’s work.
Committee report
Congressional Budget Office cost estimate
- Jan 15, 2016H.R. 4168, Small Business Capital Formation Enhancement ActAs ordered reported by the House Committee on Financial Services on December 9, 2015
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 161, no. 175, December 3, 2015, page H9012.
Related bills 5
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 1312 | Small Business Capital Formation Enhancement Act | Reintroduced Bill | May 2, 2017 |
| S 2867 | SEC Small Business Advocate Act of 2016 | Related bill | Jun 14, 2016 |
| HR 3784 | SEC Small Business Advocate Act of 2016 | Related bill | Dec 16, 2016 |
| HR 5983 | Financial CHOICE Act of 2016 | Related bill | Dec 20, 2016 |
| HR 6427 | Creating Financial Prosperity for Businesses and Investors Act | Related bill | Dec 6, 2016 |
Titles 4
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To amend the Small Business Investment Incentive Act of 1980 to require an annual review by the Securities and Exchange Commission of the annual government-business forum on capital formation that is held pursuant to such Act.
- Short Titles as Introduced
- Small Business Capital Formation Enhancement Act
- Short Titles as Reported to House
- Small Business Capital Formation Enhancement Act
- Short Titles as Passed House
- Small Business Capital Formation Enhancement Act
Subjects
Assigned by the Library of Congress. Policy area: Commerce.
Text 4
Each version as it was printed, newest first.
- Feb 3, 2016Placed on Calendar Senate
- Feb 1, 2016Reported in House
- Feb 1, 2016Engrossed in House
- Dec 3, 2015Introduced 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; cost estimates are the Congressional Budget Office's, and the hearings are the printed hearings GovInfo publishes, which can appear months after the hearing.
