H.R.2187: Fair Investment Opportunities for Professional Experts Act

About This Bill

  • Introduced April 30, 2015
  • Latest Major Action Feb. 2, 2016

Bill Summary

Fair Investment Opportunities for Professional Experts Act (Sec. 2) This bill amends the Securities Act of 1933 to add to the definition of accredited investor any natural person whose individual net worth, or joint net worth with his or her spouse, exceeds $1 million (adjusted every five years for inflation). The person's net worth shall exclude: the person's primary residence; and as a liability any indebtedness secured by the primary...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 4 statements associated with H.R.2187.

Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.2187.

Bill Actions

Date Description
Feb. 2, 2016
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Feb. 1, 2016
Motion to reconsider laid on the table Agreed to without objection.
Feb. 1, 2016

On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 347 - 8 (Roll no. 46). (text: CR H378)

Feb. 1, 2016
Considered as unfinished business. (consideration: CR H401)
Feb. 1, 2016
At 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.
Feb. 1, 2016
DEBATE - The House proceeded with forty minutes of debate on H.R. 2187.
Feb. 1, 2016
Considered under suspension of the rules. (consideration: CR H378-379)
Feb. 1, 2016
Mr. Garrett moved to suspend the rules and pass the bill, as amended.
Feb. 1, 2016
Placed on the Union Calendar, Calendar No. 309.
Feb. 1, 2016
Reported (Amended) by the Committee on Financial Services. H. Rept. 114-406.
Dec. 9, 2015
Ordered to be Reported (Amended) by the Yeas and Nays: 54 - 2.
Dec. 9, 2015
Committee Consideration and Mark-up Session Held.
Dec. 8, 2015
Committee Consideration and Mark-up Session Held.
June 16, 2015
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
April 30, 2015
Referred to the House Committee on Financial Services.
April 30, 2015

Introduced in the House by David Schweikert (R-Ariz.)

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