H.R. 4854 - Supporting America's Innovators Act of 2016
- Sponsor:
- Patrick T. McHenry
- Summary:
- To amend the Investment Company Act of 1940 to expand the investor limitation for qualifying venture capital funds under an exemption from the definition of an investment company. (by CRS)
- Status:
- The bill was voted on in the House on July 5, 2016
PASSED on July 5, 2016.
2/3 required to pass
voted YES: 388
voted NO: 9
37 voted present/not voting
Supporting America's Innovators Act of 2016
H.R. 4854 — 114th Congress (2015–2016)
- Summary
- To amend the Investment Company Act of 1940 to expand the investor limitation for qualifying venture capital funds under an exemption from the definition of an investment company. (by CRS)
- Learn More
- At OpenCongress
- Title
- To amend the Investment Company Act of 1940 to expand the investor limitation for qualifying venture capital funds under an exemption from the definition of an investment company.
- Other Titles
- Supporting America's Innovators Act of 2016
- Supporting America's Innovators Act of 2016
- Supporting America's Innovators Act of 2016
- Supporting America's Innovators Act of 2016
- Sponsor
- Patrick T. McHenry
- Co-Sponsors
- Subjects
- Finance and financial sector
- Business investment and capital
- Financial services and investments
- Securities
- Related Bills
- Major Actions
Introduced 3/23/2016 Referred to Committee Passed House 7/05/2016 - Bill History
-
Chamber/Committee Motion Date Result currently selected House On Motion to Suspend the Rules and Pass, as Amended: H R 4854 Supporting America’s Innovators Act of 2016 7/05/2016 This bill PASSED the House 388 voted YES 9 voted NO 37 voted present/not votingAction Date Description Introduced 3/23/2016 3/23/2016 Referred to the House Committee on Financial Services. 3/23/2016 Introduced in House 4/14/2016 Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral. 6/15/2016 Committee Consideration and Mark-up Session Held. 6/16/2016 Committee Consideration and Mark-up Session Held. Put on a legislative calendar 6/16/2016 Ordered to be Reported (Amended) by the Yeas and Nays: 57 - 2. 7/05/2016 Reported (Amended) by the Committee on Financial Services. H. Rept. 114-660. Put on a legislative calendar 7/05/2016 Placed on the Union Calendar, Calendar No. 511. 7/05/2016 Mr. Garrett moved to suspend the rules and pass the bill, as amended. 7/05/2016 Considered under suspension of the rules. 7/05/2016 DEBATE - The House proceeded with forty minutes of debate on H.R. 4854. 7/05/2016 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. 7/05/2016 Considered as unfinished business. 7/05/2016 Motion to reconsider laid on the table Agreed to without objection. currently selected House Vote on Passage 7/05/2016 On Motion to Suspend the Rules and Pass, as Amended: H R 4854 Supporting America’s Innovators Act of 2016 7/06/2016 Received in the Senate. Number Sponsor Date Offered Status
Average contributions given to House members from interest groups that…
supported this bill
Republican/Conservative |
Real estate agents |
Venture capital |
Retail trade |
Computer manufacture & services |
Small business associations |
Internet & Online Services |
Chambers of commerce |
opposed this bill
Consumer groups |
Public official (elected or appointed) |
Contributions data source: OpenSecrets.org