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H.R.3972

H.R.3972: Family Office Technical Correction Act of 2017

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About This Bill

Introduced Oct. 5, 2017
Latest Major Action Oct. 25, 2017

Bill Sponsor

Carolyn B. Maloney (D-N.Y.)

Bill Versions

Referred in Senate - Oct. 25, 2017
Engrossed in House - Oct. 24, 2017
Reported in House - Oct. 23, 2017
Introduced in House - Oct. 5, 2017

Bill Summary

Family Office Technical Correction Act of 2017 (Sec. 2) This bill provides that family offices are accredited investors as set forth by the Securities and Exchange Commission in Regulation D, allowing such investors to purchase certain unregistered securities. (A family office is a company that has no clients other than family clients, is wholly owned and exclusively controlled by family clients, and does not hold itself out to the public as...

(Source: Library of Congress)

What Lawmakers Are Saying About This Bill

There are 6 statements associated with H.R.3972.

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Congressional Budget Office Estimate

The Congressional Budget Office has produced a cost estimate for H.R.3972.

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Bill Actions

Date	Description
Oct. 25, 2017	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Oct. 24, 2017	Motion to reconsider laid on the table Agreed to without objection.
Oct. 24, 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 H8097)
Oct. 24, 2017	DEBATE - The House proceeded with forty minutes of debate on H.R. 3972.
Oct. 24, 2017	Considered under suspension of the rules. (consideration: CR H8097-8099)
Oct. 24, 2017	Mr. Barr moved to suspend the rules and pass the bill, as amended.
Oct. 23, 2017	Placed on the Union Calendar, Calendar No. 266.
Oct. 23, 2017	Reported (Amended) by the Committee on Financial Services. H. Rept. 115-362.
Oct. 12, 2017	Ordered to be Reported (Amended) by the Yeas and Nays: 60 - 0.
Oct. 12, 2017	Committee Consideration and Mark-up Session Held.
Oct. 11, 2017	Committee Consideration and Mark-up Session Held.
Oct. 5, 2017	Referred to the House Committee on Financial Services.
Oct. 5, 2017	Introduced in the House by Carolyn B. Maloney (D-N.Y.)

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