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S 3709 118th Congress Senate Finance and Financial Sector

Investment Opportunity Expansion Act

Introduced: January 31, 2024 Introduced by: Budd, Ted Republican · North Carolina See on congress.gov
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This bill died when the 118th Congress ended
It never became law before the 118th Congress (2023–2024) 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 2 steps
Introduced
In committee
Reported out
Passed House
Passed Senate
To President
Became law
Jan 31, 2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Jan 31, 2024
Introduced in Senate
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 Plain-English summary Congressional Research Service

Investment Opportunity Expansion Act

This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. (Certain unregistered securities may only be offered to accredited investors.) Specifically, the bill allows an individual to qualify if their aggregate investment in such a securities offering is not more than 10% of the individual's net assets or 10% of the individual's annual income, whichever is greater.

What's happening now January 31, 2024

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

 Related & companion bills 2
  • HR 2652 Related bill Investment Opportunity Expansion Act
  • HR 2799 Related bill Expanding Access to Capital Act of 2023
 Bill text 1 version

Source documents hosted by congress.gov.

 Committees of jurisdiction 1
 Cosponsors 1
All 1 Democratic 1
D
Smith, Tina
Minnesota · Jan 31, 2024
Cite this page click to expand
APA
U.S. Congress. (2026). S. 3709: Investment Opportunity Expansion Act. 118th Congress. Open America. https://openamerica.io/bill/118-S-3709/
MLA
"S. 3709: Investment Opportunity Expansion Act." 118th Congress, 2026, Open America, https://openamerica.io/bill/118-S-3709/.
Bluebook (legal)
S. 3709, 118th Cong. (2026), https://openamerica.io/bill/118-S-3709/.
Markdown link
[S. 3709: Investment Opportunity Expansion Act](https://openamerica.io/bill/118-S-3709/)
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