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house Bill H.R. 3050

Expanding Investment in Small Businesses Act of 2019

bill Progress


  • Not enacted
    The President has not signed this bill
  • The senate has not voted
      senate Committees
      Committee on Banking, Housing, and Urban Affairs
  • The house Passed July 9th, 2019
    Roll Call Vote 417 Yea / 2 Nay
      house Committees
      Committee on Financial Services
    IntroducedMay 30th, 2019

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Bill Details

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Title

Expanding Investment in Small Businesses Act of 2019

Official Title

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.

Summary

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.

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