H.R. 79 - HALOS Act
- Sponsor:
- Steve Chabot
- Summary:
- To clarify the definition of general solicitation under Federal securities law. (by CRS)
- Status:
- The bill was voted on in the House on January 10, 2017
- Amendments:
- 2 proposed amendments. 2 rejected. View amendments
PASSED on January 10, 2017.
1/2 required to pass
voted YES: 344
voted NO: 73
18 voted present/not voting
HALOS Act
H.R. 79 — 115th Congress (2017–2018)
- Summary
- To clarify the definition of general solicitation under Federal securities law. (by CRS)
- Learn More
- At OpenCongress
- Title
- To clarify the definition of general solicitation under Federal securities law.
- Other Titles
- HALOS Act
- Helping Angels Lead Our Startups Act
- HALOS Act
- Helping Angels Lead Our Startups Act
- HALOS Act
- Sponsor
- Steve Chabot
- Co-Sponsors
- Subjects
- Finance and financial sector
- Administrative law and regulatory procedures
- Business investment and capital
- Financial services and investments
- Higher education
- Marketing and advertising
- Securities
- Securities and Exchange Commission (SEC)
- Social work, volunteer service, charitable organizations
- Related Bills
- H.R. 6147 (115th) : Interior, Environment, Financial Services and General Government, Agriculture, Rural Development, Food and Drug Administration, and Transportation, Housing and Urban Development Appropriations Act, 2019
- H.R. 3280 (115th) : Financial Services and General Government Appropriations Act, 2018
- H.R. 10 (115th) : Financial CHOICE Act of 2017
- H.Res. 33 (115th) : Providing for Consideration of the Bill (H.R. 5) to Reform the Process by Which Federal Agencies Analyze and Formulate New Regulations and Guidance Documents, to Clarify the Nature of Judicial Review of Agency Interpretations, to Ensure Complete Analysis of Potential Impacts on Small Entities of Rules, and for Other Purposes, and Providing for Consideration of the Bill (H.R. 79) to Clarify the Definition of General Solicitation Under Federal Securities Law.
- H.R. 3354 (115th) : Interior and Environment, Agriculture and Rural Development, Commerce, Justice, Science, Financial Services and General Government, Homeland Security, Labor, Health and Human Services, Education, State and Foreign Operations, Transportation, Housing and Urban Development, Defense, Military Construction and Veterans Affairs, Legislative Branch, and Energy and Water Development Appropriations Act, 2018
- S. 488 (115th) : JOBS and Investor Confidence Act of 2018
- S. 588 (115th) : HALOS Act
- Major Actions
Introduced 1/03/2017 Referred to Committee Amendments (2 proposed) Passed House 1/10/2017 - Bill History
-
Chamber/Committee Motion Date Result select this vote House On Agreeing to the Amendment: Amendment 1 to H R 79 1/10/2017 This motion DID NOT PASS the House 167 voted YES 249 voted NO 19 voted present/not votingselect this vote House On Agreeing to the Amendment: Amendment 2 to H R 79 1/10/2017 This motion DID NOT PASS the House 163 voted YES 253 voted NO 19 voted present/not votingcurrently selected House On Passage: H R 79 Helping Angels Lead Our Startups (HALOS) Act 1/10/2017 This bill PASSED the House 344 voted YES 73 voted NO 18 voted present/not votingAction Date Description Introduced 1/03/2017 1/03/2017 Introduced in House 1/03/2017 Referred to the House Committee on Financial Services. 1/09/2017 Rules Committee Resolution H. Res. 33 Reported to House. The resolution provides for both bills to be considered under a structured rule for one hour of general debate. The resolution also provides one motion to recommit with or without instructions on both H.R. 5 and H.R. 79. 1/10/2017 Rule H. Res. 33 passed House. 1/10/2017 Considered under the provisions of rule H. Res. 33. 1/10/2017 The resolution provides for both bills to be considered under a structured rule for one hour of general debate. The resolution also provides one motion to recommit with or without instructions on both H.R. 5 and H.R. 79. 1/10/2017 House resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 33 and Rule XVIII. 1/10/2017 The Speaker designated the Honorable Mike Bost to act as Chairman of the Committee. 1/10/2017 GENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 79. 1/10/2017 DEBATE - Pursuant to the provisions of H.Res. 33, the Committee of the Whole proceeded with 10 minutes of debate on the Velazquez Part B amendment No. 1. 1/10/2017 POSTPONED PROCEEDINGS - At the conclusion of debate on the Velazquez amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Ms. Velazquez demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced. 1/10/2017 DEBATE - Pursuant to the provisions of H.Res. 33, the Committee of the Whole proceeded with 10 minutes of debate on the Clay Part B amendment No. 2. 1/10/2017 POSTPONED PROCEEDINGS - At the conclusion of debate on the Clay amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Mr. Clay demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced. 1/10/2017 Mr. Huizenga moved that the Committee rise. 1/10/2017 On motion that the Committee rise Agreed to by voice vote. 1/10/2017 Committee of the Whole House on the state of the Union rises leaving H.R. 79 as unfinished business. 1/10/2017 Considered as unfinished business. 1/10/2017 The House resolved into Committee of the Whole House on the state of the Union for further consideration. 1/10/2017 The House rose from the Committee of the Whole House on the state of the Union to report H.R. 79. 1/10/2017 Motion to reconsider laid on the table Agreed to without objection. 1/10/2017 1/10/2017 House amendment offered 1/10/2017 1/10/2017 House amendment offered 1/10/2017 The previous question was ordered pursuant to the rule. select this vote Vote 1/10/2017 On Agreeing to the Amendment: Amendment 1 to H R 79 select this vote Vote 1/10/2017 On Agreeing to the Amendment: Amendment 2 to H R 79 currently selected House Vote on Passage 1/10/2017 On Passage: H R 79 Helping Angels Lead Our Startups (HALOS) Act 1/10/2017 Amendment (A001) offered by Ms. Velazquez. 1/10/2017 House amendment offered/reported by : Amendment (A001) offered by Ms. Velazquez. 1/10/2017 Amendment (A002) offered by Mr. Clay. 1/10/2017 House amendment offered/reported by : Amendment (A002) offered by Mr. Clay. 1/10/2017 Roll call votes on amendments in House 1/10/2017 Amendment failed in Committee of the Whole 1/10/2017 Roll call votes on amendments in House 1/10/2017 Amendment failed in Committee of the Whole 1/11/2017 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Number Sponsor Date Offered Status H. Amdt. 15 Clay, Wm. [D-MO1] January 10, 2017 Failed by voice vote on January 10, 2017. An amendment numbered 2 printed in Part B of House Report 115-2 to limit the types of fees "demo day" sponsors can collect and require an issuer to be a real business.
H. Amdt. 14 Velázquez, Nydia [D-NY7] January 10, 2017 Failed by voice vote on January 10, 2017. An amendment numbered 1 printed in Part B of House Report 115-2 to require the event sponsor to provide attendees with a written disclosure outlinin g the nature of the event and the risks of investing in the securities for sale. It would also clarify that attendance at an event does not in itself establish a pre-existing relationship for purposes of Rule 506(b).
Average contributions given to House members from interest groups that…
support this bill
Small business associations |
Internet & Online Services |
Chambers of commerce |
Pro-business associations |
Contributions data source: OpenSecrets.org