Small Business Capital Formation Enhancement Act
Latest action · May 2, 2017 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 2, 2017
- Passed HouseMay 1, 2017
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
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 the forum's findings and recommendations and issue a public statement promptly assessing each submitted finding or recommendation and disclosing any action the SEC intends to take on it.
Nothing in this bill shall require the SEC to agree to or act upon any finding or recommendation.
Recorded votes 1
Newest first. Open one to see how every member voted.
| Roll call | Question | Result | Date |
|---|---|---|---|
| House 238 | On Motion to Suspend the Rules and Pass, as Amended | Passed406–0 | May 1, 2017 |
Cosponsors 2
Members who signed on, in the order they did. Signatures ran from Mar 2, 2017 to Mar 8, 2017; 1 is an original cosponsor, there from the day it was introduced.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| D-CA | Juan Vargas | Original | Mar 2, 2017 |
| R-IN | Trey Hollingsworth | Mar 8, 2017 |
Committees 2
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 Mar 2, 2017Markup Mar 9, 2017Reported May 1, 2017 |
| Senate | Banking, Housing, and Urban Affairs Committee | Referred May 2, 2017 |
Actions 14
Everything that happened, newest first.
- May 2, 2017Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- May 1, 2017Reported (Amended) by the Committee on Financial Services. H. Rept. 115-104.
- May 1, 2017Placed on the Union Calendar, Calendar No. 61.
- May 1, 2017Mr. Hill moved to suspend the rules and pass the bill, as amended.
- May 1, 2017Considered under suspension of the rules. (consideration: CR H2980-2981)
- May 1, 2017DEBATE - The House proceeded with forty minutes of debate on H.R. 1312.
- May 1, 2017At 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.
- May 1, 2017Considered as unfinished business. (consideration: CR H2988-2989)
- May 1, 2017Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 406 - 0 (Roll no. 238). (text: CR H2980)
- May 1, 2017Motion to reconsider laid on the table Agreed to without objection.
- Mar 9, 2017Committee Consideration and Mark-up Session Held.
- Mar 9, 2017Ordered to be Reported (Amended) by the Yeas and Nays: 58 - 0.
- Mar 2, 2017Introduced in House
- Mar 2, 2017Referred to the House Committee on Financial Services.
In the Congressional Record 1
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 |
|---|---|---|---|
| House | Debate and remarks H2980, H2981Text printed H2980Recorded votes H2988enact | Bruce Poliquin R-ME, J. French Hill R-AR, Nydia M. Velázquez D-NY | May 1, 2017 |
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
- Mar 23, 2017H.R. 1312, Small Business Capital Formation Enhancement ActAs ordered reported by the House Committee on Financial Services on March 9, 2017
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 163, no. 37, March 2, 2017, page H1530.
Printed hearings 1
Hearings whose printed record names this bill, newest first: hearings on it, and wider hearings where it came up.
| Number | Hearing | Committee | Held |
|---|---|---|---|
| Serial No. 115-89 | OVERSIGHT OF THE SEC'S DIVISION OF CORPORATION FINANCE76 pages | Financial Services Committee | Apr 26, 2018 |
Related bills 3
Companion bills and other measures the record links to this one.
| Bill | Title | Relationship | Latest action |
|---|---|---|---|
| HR 10 | Financial CHOICE Act of 2017 | Related bill | Jul 13, 2017 |
| S 416 | Small Business Capital Formation Enhancement Act | Identical bill | Sep 12, 2017 |
| HR 4168 | Small Business Capital Formation Enhancement Act | Reintroduction of | Feb 3, 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.
- May 2, 2017Referred in Senate
- May 1, 2017Engrossed in House
- May 1, 2017Reported in House
- Mar 2, 2017Introduced 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.
