S.2190: CROWDFUND Act

About This Bill

  • This bill was introduced in the 112th Congress
  • This bill is primarily about finance and financial sector
  • Introduced March 13, 2012
  • Latest Major Action March 13, 2012

Bill Summary

Capital Raising Online While Deterring Fraud and Unethical Non-Disclosure Act of 2011 or CROWDFUND Act - Amends the Securities Act of 1933 (SA) to prescribe conditions under which transactions of $1 million or less involving the offer or sale of securities by an issuer through a broker or funding portal are exempt from certain registration requirements and prohibitions relating to interstate commerce and the mails (crowdfunding exemption)....

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There is one statement associated with S.2190.

Bill Actions

Date Description
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
March 13, 2012

Introduced in the Senate by Jeff Merkley (D-Ore.)

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