- Not enactedThe President has not signed this bill
- The senate has not voted
Committee on Banking, Housing, and Urban Affairs
- senate Committees
- The house Passed July 9th, 2019Roll Call Vote 417 Yea / 2 Nay
Committee on Financial ServicesIntroducedMay 30th, 2019
- house Committees
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Expanding Investment in Small Businesses Act of 2019
To require the Securities and Exchange Commission to carry out a study of the 10 per centum threshold limitation applicable to the definition of a diversified company under the Investment Company Act of 1940, and for other purposes.
Expanding Investment in Small Businesses Act of 2019 This bill directs the Securities and Exchange Commission to report on (1) the limitiation on shares of an individual company that a diversified investment company may own, and (2) the limitation's impact on capital formation.