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- H.R.4854
H.R.4854: Supporting America's Innovators Act of 2016
About This Bill
- Introduced March 23, 2016
- Latest Major Action July 6, 2016
- See the one similar bills introduced in other congresses.
Bill Sponsor
Bill Cosponsor
Bill Summary
Supporting America's Innovators Act of 2016 This bill amends the Investment Company Act of 1940 to exempt from its coverage any issuer whose outstanding securities with respect to a qualifying venture capital fund (other than short-term paper) are beneficially owned by not more than 250 persons. The bill defines "qualifying venture capital fund" as one with no more than $10 million (annually adjusted for inflation) in invested capital.
(Source: Library of Congress)
What Lawmakers Are Saying About This Bill
Congressional Budget Office Estimate
Bill Actions
| Date | Description |
|---|---|
| July 6, 2016 |
Received in the Senate.
|
| July 5, 2016 |
Motion to reconsider laid on the table Agreed to without objection.
|
| July 5, 2016 |
Vote in the HouseOn motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 388 - 9 (Roll no. 349). (text: CR H4235) |
| July 5, 2016 |
Considered as unfinished business. (consideration: CR H4244)
|
| July 5, 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.
|
| July 5, 2016 |
DEBATE - The House proceeded with forty minutes of debate on H.R. 4854.
|
| July 5, 2016 |
Considered under suspension of the rules. (consideration: CR H4235-4236)
|
| July 5, 2016 |
Mr. Garrett moved to suspend the rules and pass the bill, as amended.
|
| July 5, 2016 |
Placed on the Union Calendar, Calendar No. 511.
|
| July 5, 2016 |
Reported (Amended) by the Committee on Financial Services. H. Rept. 114-660.
|
| June 16, 2016 |
Ordered to be Reported (Amended) by the Yeas and Nays: 57 - 2.
|
| June 16, 2016 |
Committee Consideration and Mark-up Session Held.
|
| June 15, 2016 |
Committee Consideration and Mark-up Session Held.
|
| April 14, 2016 |
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
|
| March 23, 2016 |
Referred to the House Committee on Financial Services.
|
| March 23, 2016 |
Introduced in the House by Patrick T. McHenry (R-N.C.) |