HR 701
113th Congress
House
Finance and Financial Sector
Administrative law and regulatory procedures
Financial services and investments
Securities
Securities and Exchange Commission (SEC)
To amend a provision of the Securities Act of 1933 directing the Securities and Exchange Commission to add a particular class of securities to those exempted under such Act to provide a deadline for such action.
Introduced: February 14, 2013
See on congress.gov
Everywhere this bill has been
15 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
May 16, 2013
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 15, 2013
Motion to reconsider laid on the table Agreed to without objection.
May 15, 2013
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 416 - 6 (Roll no. 148). (text: CR H2627)
May 15, 2013
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 416 - 6 (Roll no. 148).(text: CR H2627)
May 15, 2013
Considered as unfinished business. (consideration: CR H2636)
May 15, 2013
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
May 15, 2013
DEBATE - The House proceeded with forty minutes of debate on H.R. 701.
May 15, 2013
Considered under suspension of the rules. (consideration: CR H2627-2629)
May 15, 2013
Mr. McHenry moved to suspend the rules and pass the bill, as amended.
May 15, 2013
Placed on the Union Calendar, Calendar No. 36.
May 15, 2013
Reported by the Committee on Financial Services. H. Rept. 113-58.
May 7, 2013
Ordered to be Reported by Voice Vote.
May 7, 2013
Committee Consideration and Mark-up Session Held.
Feb 14, 2013
Referred to the House Committee on Financial Services.
Feb 14, 2013
Introduced in House
Votes taken on this bill
1
| Date | Chamber | What was voted on | Result | Yes–No | |
|---|---|---|---|---|---|
| May 15, 2013 | House · vote #148 | On Motion to Suspend the Rules and Pass, as Amended | Passed | 416–6 | See who voted → |
Plain-English summary
Amends the Securities Act of 1933 to set October 31, 2013, as the deadline for the Securities and Exchange Commission (SEC) to add a class of domestic securities to those already exempted from regulation under that Act in accordance with specified terms and conditions, including that: (1) the aggregate offering amount of all securities offered and sold within the prior 12-month period in reliance on the new exemption shall not exceed $50 million, (2) the securities may be offered and sold publicly, and (3) they shall not be restricted securities under federal securities laws and regulations.
What's happening now
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Committees of jurisdiction
2
Cosponsors
1