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- H.R.31
H.R.31: Next Steps for Credit Availability Act
About This Bill
- This bill was introduced in the 113th Congress
- This bill is primarily about finance and financial sector
- Introduced Jan. 3, 2013
- Latest Major Action Oct. 23, 2013
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Next Steps for Credit Availability Act - Amends the Investment Company Act of 1940 to allow a business development company (BDC) to own or acquire securities or other interests in the business of a registered investment adviser or adviser to an investment company. Reduces from 200% to 150% the asset coverage requirements applicable to BDCs. Allows a BDC to issue stock. Directs the Securities and Exchange Commission (SEC) to revise various...
(Source: Library of Congress)
Bill Actions
| Date | Description |
|---|---|
| Oct. 23, 2013 |
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
|
| Jan. 3, 2013 |
Referred to the House Committee on Financial Services.
|
| Jan. 3, 2013 |
Introduced in the House by Nydia M. Velázquez (D-N.Y.) |