HR 1312 · 115th Congress 2017–2019, ended

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.

  1. IntroducedMar 2, 2017
  2. Passed HouseMay 1, 2017
  3. Passed SenateNot reached
  4. To the PresidentNot reached
  5. 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 callQuestionResultDate
House 238On Motion to Suspend the Rules and Pass, as AmendedPassed406–0May 1, 2017

Yea 406

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.

SeatCosponsorSigned on
D-CAJuan VargasOriginalMar 2, 2017
R-INTrey HollingsworthMar 8, 2017

Committees 2

Where it was sent and what each committee and subcommittee did with it, in order.

ChamberCommitteeWhat it did
HouseFinancial Services Committee
Referred Mar 2, 2017Markup Mar 9, 2017Reported May 1, 2017
SenateBanking, Housing, and Urban Affairs Committee
Referred May 2, 2017

Actions 14

Everything that happened, newest first.

  1. May 2, 2017Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
  2. May 1, 2017Reported (Amended) by the Committee on Financial Services. H. Rept. 115-104.
  3. May 1, 2017Placed on the Union Calendar, Calendar No. 61.
  4. May 1, 2017Mr. Hill moved to suspend the rules and pass the bill, as amended.
  5. May 1, 2017Considered under suspension of the rules. (consideration: CR H2980-2981)

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.

WhereIn the RecordMembersDate
HouseDebate and remarks H2980, H2981Text printed H2980Recorded votes H2988enactBruce Poliquin R-ME, J. French Hill R-AR, Nydia M. Velázquez D-NYMay 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

  1. 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

Congress has the power to enact this legislation pursuant to the following: The constitutional authority on which this bill rests is the power of Congress ``To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes:'' as enumerated in Article 1, Section 8 of the United States Constitution.

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.

NumberHearingCommitteeHeld
Serial No. 115-89OVERSIGHT OF THE SEC'S DIVISION OF CORPORATION FINANCE76 pagesFinancial Services CommitteeApr 26, 2018

Related bills 3

Companion bills and other measures the record links to this one.

BillTitleRelationshipLatest action
HR 10Financial CHOICE Act of 2017Related billJul 13, 2017
S 416Small Business Capital Formation Enhancement ActIdentical billSep 12, 2017
HR 4168Small Business Capital Formation Enhancement ActReintroduction ofFeb 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.

  1. May 2, 2017Referred in Senate
  2. May 1, 2017Engrossed in House
  3. May 1, 2017Reported in House
  4. Mar 2, 2017Introduced in House

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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.