HR 835
118th Congress
House
Finance and Financial Sector
Financial services and investments
Securities
Fair Investment Opportunities for Professional Experts Act
Introduced: February 6, 2023
Introduced by:
Hill, J. French
Republican
· Arkansas
See on congress.gov
Everywhere this bill has been
13 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jun 6, 2023
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jun 5, 2023
Motion to reconsider laid on the table Agreed to without objection.
Jun 5, 2023
On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2717)
Jun 5, 2023
Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2717)
Jun 5, 2023
DEBATE - The House proceeded with forty minutes of debate on H.R. 835.
Jun 5, 2023
Considered under suspension of the rules. (consideration: CR H2717-2719)
Jun 5, 2023
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
Jun 5, 2023
Placed on the Union Calendar, Calendar No. 64.
Jun 5, 2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-87.
Apr 26, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
Apr 26, 2023
Committee Consideration and Mark-up Session Held.
Feb 6, 2023
Referred to the House Committee on Financial Services.
Feb 6, 2023
Introduced in House
Plain-English summary
Fair Investment Opportunities for Professional Experts Act
This bill expands the eligibility criteria for an accredited investor for purposes of participating in private offerings of securities to include an individual determined by the Securities and Exchange Commission (SEC) to have qualifying professional knowledge through educational or professional experience. (Certain unregistered securities may only be offered to accredited investors.)
The SEC is directed to revise the definition of accredited investor in Regulation D (which exempts certain offerings from SEC registration requirements) to conform to changes in this bill.
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