H.R. 1105 · 113th Congress
Small Business Capital Access and Job Preservation Act
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12 cosponsors · 7 D, 5 R
3 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Mar 13, 2013
- House Passed Dec 4, 2013 254–159
Small Business Capital Access and Job Preservation Act - Amends the Investment Advisers Act of 1940 to exempt private equity fund investment advisers from its registration and reporting requirements, provided that each private equity fund has not borrowed and does not have outstanding a principal amount exceeding twice its invested capital commitments.
What it does: CRS summary · Passed House without amendment · Dec 4, 2013
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
Small Business Capital Access and Job Preservation Act - Amends the Investment Advisers Act of 1940 to exempt private equity fund investment advisers from its registration and reporting requirements, provided that each private equity fund has not borrowed and does not have outstanding a principal amount exceeding twice its invested capital commitments.
Directs the Securities and Exchange Commission (SEC) to promulgate final rules that: (1) require such investment advisers to maintain records the SEC determines necessary, taking into account fund size, governance, investment strategy, and risk; and (2) define the term "private equity fund" for purposes of this Act.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
Votes to become law
About this bill and sources
Official title: Small Business Capital Access and Job Preservation Act
Latest action (Dec 9, 2013): Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Policy area: Finance and Financial Sector · Origin: House · Introduced: Mar 13, 2013
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML) · Embed in your story
- House Introduced Mar 13, 2013
- House Passed Dec 4, 2013 254–159
Final vote · House · Dec 4, 2013
Passage — Passed. Vote details
Speaker of the House: John A. Boehner
Table of every position
All recorded votes (3)
- Passage Passed
House · Dec 4, 2013 · “On Passage” · Speaker: John A. Boehner - Sending back to committee (motion to recommit) Failed
House · Dec 4, 2013 · “On Motion to Recommit with Instructions” · Speaker: John A. Boehner - Amendment Failed
House · Dec 4, 2013 · “On Agreeing to the Amendment” · Speaker: John A. Boehner