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HR 1105 113th Congress House Finance and Financial Sector Administrative law and regulatory procedures Banking and financial institutions regulation Business records Financial services and investments Government information and archives Securities and Exchange Commission (SEC)

Small Business Capital Access and Job Preservation Act

Introduced: March 13, 2013 See on congress.gov
 Everywhere this bill has been 21 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Dec 9, 2013
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Dec 4, 2013
Motion to reconsider laid on the table Agreed to without objection.
Dec 4, 2013
On passage Passed by recorded vote: 254 - 159 (Roll no. 622). (text: CR H7470)
Dec 4, 2013
Passed/agreed to in House: On passage Passed by recorded vote: 254 - 159 (Roll no. 622).(text: CR H7470)
Dec 4, 2013
On motion to recommit with instructions Failed by recorded vote: 185 - 227 (Roll no. 621). (consideration: CR H7490)
Dec 4, 2013
The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H7489)
Dec 4, 2013
Floor summary: DEBATE - The House proceeded with 10 minutes of debate on the Horsford motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House forthwith with an amendment to require that in order for a firm to qualify for exemption from Dodd-Franks registration and reporting requirement, it must provide investment advice for funds that do not own controlling interests in a company that outsources American jobs and publicly report the number of jobs eliminated each quarter at each company owned and controlled by the funds.
Dec 4, 2013
Mr. Horsford moved to recommit with instructions to Financial Services. (consideration: CR H7488; text: CR H7488)
Dec 4, 2013
DEBATE - Pursuant to the provisions of H.Res. 429, the House proceeded with 10 minutes of debate on the Carolyn Maloney amendment.
Dec 4, 2013
DEBATE - The House proceeded with one hour of debate on H.R. 1105.
Dec 4, 2013
For H.R. 3309, resolution provides one hour of general debate; bill is considered read; specified amendments are in order; and one motion to recommit, with or without instructions. For H.R. 1105, resolution provides that an amendment in the nature of a substitute consisting of the text of Rules Committee print 113-29 shall be considered as adopted; one hour of debate; makes in order an additional specified amendment; and one motion to recommit, with or without instructions.
Dec 4, 2013
Considered under the provisions of rule H. Res. 429. (consideration: CR H7470-7491)
Dec 4, 2013
Rule H. Res. 429 passed House.
Dec 3, 2013
Rules Committee Resolution H. Res. 429 Reported to House. For H.R. 3309, resolution provides one hour of general debate; bill is considered read; specified amendments are in order; and one motion to recommit, with or without instructions. For H.R. 1109, resolution provides that an amendment in the nature of a substitute consisting of the text of Rules Committee print 113-29 shall be considered as adopted; one hour of debate; makes in order an additional specified amendment; and one motion to recommit, with or without instructions.
Nov 22, 2013
Placed on the Union Calendar, Calendar No. 197.
Nov 22, 2013
Reported by the Committee on Financial Services. H. Rept. 113-276.
Jun 19, 2013
Ordered to be Reported by the Yeas and Nays: 38 - 18.
Jun 19, 2013
Committee Consideration and Mark-up Session Held.
May 23, 2013
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Mar 13, 2013
Referred to the House Committee on Financial Services.
Mar 13, 2013
Introduced in House
 Votes taken on this bill 2
DateChamberWhat was voted onResultYes–No
Dec 4, 2013 House · vote #622 On Passage Passed 254159 See who voted →
Dec 4, 2013 House · vote #621 On Motion to Recommit with Instructions Failed 185227 See who voted →
 Plain-English summary Congressional Research Service

(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.

What's happening now December 9, 2013

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

 Committees of jurisdiction 3