H.R. 3050 116th Congress House

Expanding Investment in Small Businesses Act

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 … Show full official titleShow less

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.

Introduced: May 30, 2019 Introduced by: Bryan Steil Republican · Wisconsin See on congress.gov

Finance and Financial Sector Banking and financial institutions regulationBusiness investment and capitalCompetition and antitrustCongressional oversight

More subjectsShow fewer subjects

Government information and archivesGovernment studies and investigationsSmall business

Everywhere this bill has been 10 steps

Introduced

In committee

Reported out

Passed House

Passed Senate

To President

Became law

Jul 10, 2019

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

Jul 9, 2019

On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 2 (Roll no. 432). (text: CR H5283-5284)

Jul 9, 2019

Motion to reconsider laid on the table Agreed to without objection.

Jul 9, 2019

Considered as unfinished business. (consideration: CR H5288)

Jul 9, 2019

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.

Jul 9, 2019

DEBATE - The House proceeded with forty minutes of debate on H.R. 3050.

Jul 9, 2019

Considered under suspension of the rules. (consideration: CR H5283-5285)

Jul 9, 2019

Ms. Waters moved to suspend the rules and pass the bill, as amended.

May 30, 2019

Referred to the House Committee on Financial Services.

May 30, 2019

Introduced in House

Votes taken on this bill 1

Date	Chamber	What was voted on	Result	Yes–No
Jul 9, 2019	House · vote #432	On Motion to Suspend the Rules and Pass, as Amended	Passed	417–2	See who voted →

Ask about this bill AI · grounded in the bill text

Have a question about what this bill does? Ask in plain English; the answer is drawn from the bill's actual text and official record, and it'll tell you when something isn't in the text rather than guess.

AI answers can be imperfect; always confirm against the full bill text.

Latest action July 10, 2019

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

Plain-English summary Congressional Research Service

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.

Bill text 3 versions

Engrossed in House Formatted Text PDF Formatted XML
Introduced in House Formatted Text PDF Formatted XML
Referred in Senate Formatted Text PDF Formatted XML

Source documents hosted by congress.gov.

Committees of jurisdiction 2

Financial Services Committee
House of Representatives
Banking, Housing, and Urban Affairs Committee
Senate

Cosponsors 3

Cite this page click to expand

APA

U.S. Congress. (2026). H.R. 3050: Expanding Investment in Small Businesses Act. 116th Congress. Open America. https://openamerica.io/bill/116-HR-3050/

MLA

"H.R. 3050: Expanding Investment in Small Businesses Act." 116th Congress, 2026, Open America, https://openamerica.io/bill/116-HR-3050/.

Bluebook (legal)

H.R. 3050, 116th Cong. (2026), https://openamerica.io/bill/116-HR-3050/.

Markdown link

[H.R. 3050: Expanding Investment in Small Businesses Act](https://openamerica.io/bill/116-HR-3050/)