Expanding Investment in Small Businesses Act
Latest action · Jul 10, 2019 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.
- IntroducedMay 30, 2019
- Passed HouseJul 9, 2019
- Passed SenateNot reached
- To the PresidentNot reached
- Became lawNot reached
Summary
Expanding Investment in Small Businesses Act of 2019
This bill directs the Securities and Exchange Commission to report on (1) the limitiation on shares of an individual company that a diversified investment company may own, and (2) the limitation's impact on capital formation.
Recorded votes 1
Newest first. Open one to see how every member voted.
| Roll call | Question | Result | Date |
|---|---|---|---|
| House 432 | On Motion to Suspend the Rules and Pass, as Amended | Passed417–2 | Jul 9, 2019 |
Cosponsors 3
Members who signed on, in the order they did. Signatures ran from Jun 24, 2019 to Jul 9, 2019.
| Seat | Cosponsor | Signed on | |
|---|---|---|---|
| R-OH | Steve Stivers | Jun 24, 2019 | |
| R-TX | Van Taylor | Jul 9, 2019 | |
| D-TX | Vicente Gonzalez | Jul 9, 2019 |
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 May 30, 2019 |
| Senate | Banking, Housing, and Urban Affairs Committee | Referred Jul 10, 2019 |
Actions 10
Everything that happened, newest first.
- Jul 10, 2019Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Jul 9, 2019Ms. Waters moved to suspend the rules and pass the bill, as amended.
- Jul 9, 2019Considered under suspension of the rules. (consideration: CR H5283-5285)
- Jul 9, 2019DEBATE - The House proceeded with forty minutes of debate on H.R. 3050.
- Jul 9, 2019At 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.
- Jul 9, 2019Considered as unfinished business. (consideration: CR H5288)
- Jul 9, 2019Passed/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): 417 - 2 (Roll no. 432). (text: CR H5283-5284)
- Jul 9, 2019Motion to reconsider laid on the table Agreed to without objection.
- May 30, 2019Introduced in House
- May 30, 2019Referred 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 H5283–H5285Text printed H5283Recorded votes H5288enact | Andy Barr R-KY, Bryan Steil R-WI, Denver Riggleman R-VA, Maxine Waters D-CA | Jul 9, 2019 |
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.
Constitutional authority
The sponsor’s statement, as printed in the Congressional Record, vol. 165, no. 90, May 30, 2019, page H4181.
Titles 5
Every title it has carried, official and short, at each stage.
- Official Title as Introduced
- To require the Securities and Exchange Commission to carry out a study of the 10 per centum threshold limitation applicable to the definition of a diversified company under the Investment Company Act of 1940, and for other purposes.
- Short Titles as Passed House
- Expanding Investment in Small Businesses Act of 2019
- Short Title(s) as Introduced
- Expanding Investment in Small Businesses Act
- Short Title(s) as Passed House
- Expanding Investment in Small Businesses Act
- Short Titles from RFS (Referred to Senate) bill text
- Expanding Investment in Small Businesses Act
Subjects
Assigned by the Library of Congress. Policy area: Finance and Financial Sector.
Text 3
Each version as it was printed, newest first.
- Jul 10, 2019Referred in Senate
- Jul 9, 2019Engrossed in House
- May 30, 2019Introduced 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.
