H.R. 432 · 114th Congress
SBIC Advisers Relief Act of 2015
Key: what the circles and colors mean
Each circle is a bill. The ring fills as it moves through Congress:
Under the number: the Yea · Nay count of its final (or latest) recorded vote. On a member's page, the small badge is how that member voted: Y Yea / Aye, N Nay / No, P Present, – Not voting.
Gold and violet are only for Yea and Nay; they never mean a party. A member's party is the letter on their photo.
Passed the House without a recorded vote, then expired. It passed by voice vote or unanimous consent, which don't record how each member voted, but didn't become law before the 114th Congress ended.
R
LuetkemeyerSponsor9 cosponsors · 5 D, 4 R
6 signed on when it was introduced; the rest joined later. Cosponsors who withdrew aren't shown.
- House Introduced Jan 21, 2015
- House Passed Jul 14, 2015
What it does: CRS summary · Passed House without amendment · Jul 14, 2015
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
SBIC Advisers Relief Act of 2015
(Sec. 2) Amends the Investment Advisers Act of 1940 to exempt specified advisers of small business investment companies (SBICs) from certain: (1) Securities and Exchange Commission (SEC) registration requirements with respect to the provision of investment advice relating to venture capital funds, and (2) SEC registration and reporting requirements with respect to assets under management of private funds.
(Sec. 4) Provides the same exemption with respect to any state or local law requiring the registration, licensing, or qualifications of investment advisers.
Written by the nonpartisan Congressional Research Service. All summary versions on Congress.gov
About this bill and sources
Official title: SBIC Advisers Relief Act of 2015
Latest action (Jul 15, 2015): 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: Jan 21, 2015
Official page on Congress.gov · Bill text (GovInfo) · Status record (XML)
- House Introduced Jan 21, 2015
- House Passed Jul 14, 2015
No recorded floor vote found.