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United States · Bill · HR

H.R. 1070 (112th)

Small Company Capital Formation Act of 2011

openUnited States· United States Congress· EN

Introduced

14 March 2011

Last action

7 November 2011 · Calendars

Status

Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 222.

Sponsors

Rep. Schweikert, David [R-AZ-1], Rep. Garrett, Scott [R-NJ-5], Rep. Westmoreland, Lynn A. [R-GA-3], Rep. Jones, Walter B., Jr. [R-NC-3], Rep. Biggert, Judy [R-IL-13], Rep. Canseco, Francisco "Quico" [R-TX-23], Rep. Manzullo, Donald A. [R-IL-16], Rep. Duncan, John J., Jr. [R-TN-2], Rep. Eshoo, Anna G. [D-CA-18], Rep. Bachmann, Michele [R-MN-6], Rep. Stivers, Steve [R-OH-15], David Scott, Rep. Neugebauer, Randy [R-TX-19], Rep. Walsh, Joe [R-IL-8], Rep. Paulsen, Erik [R-MN-3], Rep. Marchant, Kenny [R-TX-24], Rep. Quayle, Benjamin [R-AZ-3], Rep. Culberson, John Abney [R-TX-7], Rep. Price, Tom [R-GA-6], Rep. Roe, David P. [R-TN-1], Rep. Hayworth, Nan A. S. [R-NY-19]

Subjects

Discovery layer

Source updated

10 January 2026

Summary

Small Company Capital Formation Act of 2011 - Amends the Securities Act of 1933 to direct the Securities and Exchange Commission (SEC) to exempt from its regulation a class of securities for which the aggregate offering amount is between $5 million and $50 million, subject to specified terms and conditions. Authorizes the SEC to: (1) require an issuer of such exempted class of securities to make periodic disclosures available to investors regarding the issuer, its business operations, its financial condition, and its use of investor funds; and (2) provide for the suspension and termination of such a requirement with respect to that issuer. Requires the SEC to: (1) review and increase biennially such offering amount limitation, as appropriate; and (2) report to certain congressional committees on its reasons for not increasing the amount if it determines not to do so.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

  1. 14 March 2011

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 14 March 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 14 March 2011

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 16 March 2011

    Committee

    Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.

    Source: Committee

  5. 4 April 2011

    Referred

    Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

    Source: Committee

  6. 3 May 2011

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

  7. 4 May 2011

    Committee

    Forwarded by Subcommittee to Full Committee (Amended) by Voice Vote .

    Source: Committee

  8. 4 May 2011

    Committee

    Subcommittee Consideration and Mark-up Session Held.

    Source: Committee

  9. 22 June 2011

    Reported

    Ordered to be Reported (Amended) by Voice Vote.

    Source: Committee

  10. 22 June 2011

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  11. 14 September 2011

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 112-206.

    Source: Committee

  12. 14 September 2011

    Calendars

    Placed on the Union Calendar, Calendar No. 135.

    Source: Calendars

  13. 14 September 2011

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 112-206.

    Source: Committee

  14. 2 November 2011

    Passed

    The title of the measure was amended. Agreed to without objection.

    Source: Floor

  15. 2 November 2011

    Passed

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

    Source: Floor

  16. 2 November 2011

    Vote

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 421 - 1 (Roll no. 820). (text: CR H7229-7230)

    Source: Floor

  17. 2 November 2011

    Vote

    Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 421 - 1 (Roll no. 820).(text: CR H7229-7230)

    Source: Floor

  18. 2 November 2011

    Floor

    Mr. Bachus moved to suspend the rules and pass the bill, as amended.

    Source: Floor

  19. 2 November 2011

    Floor

    Considered under suspension of the rules. (consideration: CR H7229-7232)

    Source: Floor

  20. 2 November 2011

    Vote

    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.

    Source: Floor

  21. 2 November 2011

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 1070.

    Source: Floor

  22. 3 November 2011

    Calendars

    Received in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.

    Source: Calendars

  23. 7 November 2011

    Calendars

    Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 222.

    Source: Calendars

Votes

No vote records are attached yet.

Versions

Documents

11 official files

Placed on Calendar Senate (text)

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  • Placed on Calendar Senate (text)

    Placed on Calendar Senate · EN · 7 November 2011

    ViewDownloadOpen at official source

  • Placed on Calendar Senate (PDF)

    Placed on Calendar Senate · EN · 7 November 2011

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  • Engrossed in House (text)

    Engrossed in House · EN · 2 November 2011

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 2 November 2011

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  • Passed House amended

    summary · EN · 2 November 2011

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  • Reported in House (text)

    Reported in House · EN · 14 September 2011

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  • Reported in House (PDF)

    Reported in House · EN · 14 September 2011

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  • Reported to House with amendment(s)

    summary · EN · 14 September 2011

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  • Introduced in House (text)

    Introduced in House · EN · 14 March 2011

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  • Introduced in House (PDF)

    Introduced in House · EN · 14 March 2011

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  • Introduced in House

    summary · EN · 14 March 2011

    Open at official source

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Sponsors

Related records

Sources

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