Bills
H.R.1585

H.R.1585: Fair Investment Opportunities for Professional Experts Act

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About This Bill

Introduced March 16, 2017
Latest Major Action Nov. 2, 2017
See the three similar bills introduced in other congresses.

Bill Sponsor

David Schweikert (R-Ariz.)

Bill Cosponsors

11 (4 Democrats, 7 Republicans)

Bill Versions

Referred in Senate - Nov. 2, 2017
Engrossed in House - Nov. 1, 2017
Reported in House - Oct. 31, 2017
Introduced in House - March 16, 2017

Bill Summary

(This measure has not been amended since it was reported to the House on October 31, 2017. The summary of that version is repeated here.) Fair Investment Opportunities for Professional Experts Act (Sec. 2) This bill amends the Securities Act of 1933 to modify the definition of "accredited investor" for purposes of participating in private offerings to include: an individual whose net worth or joint net worth with their spouse exceeds $1...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 9 statements associated with H.R.1585.

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Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.1585.

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Bill Actions

Date	Description
Nov. 2, 2017	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Nov. 1, 2017	On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote.
Nov. 1, 2017	Considered under suspension of the rules.
Nov. 1, 2017	Voice Vote in the House On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H8320-8321)
Nov. 1, 2017	Considered under suspension of the rules. (consideration: CR H8320-8323)
Nov. 1, 2017	Motion to reconsider laid on the table Agreed to without objection.
Nov. 1, 2017	DEBATE - The House proceeded with forty minutes of debate on H.R. 1585.
Nov. 1, 2017	Mr. Huizenga moved to suspend the rules and pass the bill, as amended.
Oct. 31, 2017	Placed on the Union Calendar, Calendar No. 275.
Oct. 31, 2017	Reported (Amended) by the Committee on Financial Services. H. Rept. 115-375.
Oct. 12, 2017	Ordered to be Reported (Amended) by the Yeas and Nays: 58 - 2.
Oct. 12, 2017	Committee Consideration and Mark-up Session Held.
Oct. 11, 2017	Committee Consideration and Mark-up Session Held.
March 16, 2017	Referred to the House Committee on Financial Services.
March 16, 2017	Introduced in the House by David Schweikert (R-Ariz.)

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