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- H.R.4243
H.R.4243: Improving Capital Allocation for Newcomers Act of 2021
About This Bill
- Introduced June 29, 2021
- Latest Major Action June 29, 2021
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Version
- Introduced in House - June 29, 2021
Bill Summary
Improving Capital Allocation for Newcomers Act of 2021 This bill revises qualification requirements for venture capital funds. Venture capital funds are exempt from certain regulations applicable to other investment firms, including those related to filings, audits, and restricted communications with investors. Currently, an investment firm qualifies as a venture capital fund if, among other requirements (1) the fund's securities are owned by...
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Bill Actions
| Date | Description |
|---|---|
| June 29, 2021 |
Referred to the House Committee on Financial Services.
|
| June 29, 2021 |
Introduced in the House by William Timmons (R-S.C.) |