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HR 2578 118th Congress House Finance and Financial Sector Bank accounts, deposits, capital Banking and financial institutions regulation Financial services and investments Inflation and prices Licensing and registrations

Small Business Investor Capital Access Act

Introduced: April 13, 2023 Introduced by: Barr, Andy Republican · Kentucky See on congress.gov
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 Everywhere this bill has been 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Apr 13, 2023
Referred to the House Committee on Financial Services.
Apr 13, 2023
Introduced in House
 Plain-English summary Congressional Research Service

Small Business Investor Capital Access Act

This bill requires the Securities and Exchange Commission (SEC) to adjust annually for inflation the dollar amount of an exemption from registration requirements for investment advisors of private funds. Currently, investment advisors of private funds of less than $150 million in assets under management are exempt. The bill would require the SEC to adjust that amount annually based on the change in the Consumer Price Index.

What's happening now April 13, 2023

Referred to the House Committee on Financial Services.

 Committees of jurisdiction 1