H.R.2519: Philanthropy Protection Act of 1995

About This Bill

  • This bill was introduced in the 104th Congress
  • This bill is primarily about law
  • Introduced Oct. 24, 1995
  • Latest Major Action Dec. 8, 1995

Bill Summary

Philanthropy Protection Act of 1995 - Exempts from the jurisdiction of the Investment Company Act of 1940, the Securities Act of 1933, the Securities Exchange Act of 1934, and the Investment Advisers Act of 1940 any security issued by or any interest or participation in any pooled income fund, collective trust fund, collective investment fund, or similar fund maintained by a charitable organization exclusively for the collective investment and...

(Source: Library of Congress)

Bill Actions

Date Description
Sponsor introductory remarks on measure.
Referred to the House Committee on Commerce.
Referred to the Subcommittee on Telecommunications and Finance.
Subcommittee Hearings Held.
Subcommittee Consideration and Mark-up Session Held.
Forwarded by Subcommittee to Full Committee by Voice Vote.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported (Amended) by Voice Vote.
Reported (Amended) by the Committee on Commerce. H. Rept. 104-333.
Placed on the Union Calendar, Calendar No. 178.
Placed on the Corrections Calendar, Calendar No. 8.
Called up from the Corrections Calendar for consideration.
Considered from the Corrections Calendar.
DEBATE - The House proceeded with one hour of debate.
The previous question was ordered on the amendment and the bill without objection.
VOTE POSTPONED - At the conclusion of debate, the Chair put the question on passage of the bill, as amended, and announced that, by voice vote, three-fifths of the Members voting in the affirmative, the bill was passed. Mr. Markey objected to the vote on the grounds that a quroum was not present and made a point of order that a quorum was not present. The Chair postponed further consideration and without objection the point of no quorum was withdrawn.
Considered as unfinished business.
On passage Passed by the Yeas and Nays: (3/5 required): 421 - 0 (Roll no. 822).
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate, read twice, considered, read the third time, and passed without amendment by Voice Vote.
Cleared for White House.
Message on Senate action sent to the House.
Presented to President.
Signed by President.
Became Public Law No: 104-62.
Oct. 24, 1995

Introduced in the House by Jack Milton Fields (R-Texas)

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