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HR 432 114th Congress House Finance and Financial Sector Banking and financial institutions regulation Business investment and capital Financial services and investments Licensing and registrations Small business State and local government operations

SBIC Advisers Relief Act of 2015

Introduced: January 21, 2015 See on congress.gov
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This bill died when the 114th Congress ended
It never became law before the 114th Congress (2015–2016) adjourned, and bills don't carry over to the next Congress. It would have to be reintroduced. You can still save it for reference, but it won't receive updates.
 Everywhere this bill has been 14 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jul 15, 2015
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jul 14, 2015
Motion to reconsider laid on the table Agreed to without objection.
Jul 14, 2015
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H5140)
Jul 14, 2015
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H5140)
Jul 14, 2015
DEBATE - The House proceeded with forty minutes of debate on H.R. 432.
Jul 14, 2015
Considered under suspension of the rules. (consideration: CR H5140-5142)
Jul 14, 2015
Mr. Luetkemeyer moved to suspend the rules and pass the bill.
Jul 14, 2015
Placed on the Union Calendar, Calendar No. 148.
Jul 14, 2015
Reported by the Committee on Financial Services. H. Rept. 114-199.
May 20, 2015
Ordered to be Reported by the Yeas and Nays: 53 - 0.
May 20, 2015
Committee Consideration and Mark-up Session Held.
Apr 29, 2015
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Jan 21, 2015
Referred to the House Committee on Financial Services.
Jan 21, 2015
Introduced in House
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 Plain-English summary Congressional Research Service

(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.

What's happening now July 15, 2015

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

 Related & companion bills 2
  • S 1978 Identical bill SBIC Advisers Relief Act of 2015
  • HR 22 Related bill FAST Act
 Bill text 4 versions

Source documents hosted by congress.gov.

 Committees of jurisdiction 3
 Cosponsors 3
All 3 Democratic 2
D
Moore, Gwen
Wisconsin · Jan 28, 2015
 D
Foster, Bill
Illinois · Jan 21, 2015
Rothfus, Keith
· Jan 21, 2015
Cite this page click to expand
APA
U.S. Congress. (2026). H.R. 432: SBIC Advisers Relief Act of 2015. 114th Congress. Open America. https://openamerica.io/bill/114-HR-432/
MLA
"H.R. 432: SBIC Advisers Relief Act of 2015." 114th Congress, 2026, Open America, https://openamerica.io/bill/114-HR-432/.
Bluebook (legal)
H.R. 432, 114th Cong. (2026), https://openamerica.io/bill/114-HR-432/.
Markdown link
[H.R. 432: SBIC Advisers Relief Act of 2015](https://openamerica.io/bill/114-HR-432/)
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