United States · Bill · HR
H.R. 4498 (114th)
HALOS Act
Introduced
9 February 2016
Last action
28 April 2016 · Introduced
Status
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Sponsors
Rep. Chabot, Steve [R-OH-1], Sen. Sinema, Kyrsten [I-AZ], Rep. Hurt, Robert [R-VA-5], Rep. Takai, Mark [D-HI-1], Carlos Curbelo, Rep. Wagner, Ann [R-MO-2], Rep. Costello, Ryan A. [R-PA-6], Rep. Barr, Andy [R-KY-6], Rep. Hultgren, Randy [R-IL-14], Rep. Delaney, John K. [D-MD-6], Rep. Sessions, Pete [R-TX-17], Rep. Polis, Jared [D-CO-2]
Subjects
Discovery layer
Source updated
7 April 2025
Summary
Helping Angels Lead Our Startups Act or the HALOS Act This bill directs the Securities and Exchange Commission to amend Regulation D (governing the limited offer and sale of securities without registration under the Securities Act of 1933) to make the prohibition against general solicitation or general advertising inapplicable to events with specified kinds of sponsors (including angel investor groups not connected to broker-dealers or investment advisers) where: presentations or communications are made by or on behalf of an issuer, the advertising does not refer to any specific offering of securities by the issuer, the sponsor does not engage in certain activities (such as offering investment recommendations or advice to attendees), the sponsor does not receive compensation for the event which would require registration as a broker or dealer or as an investment advisor, and no specific information regarding a securities offering is communicated (other than that the issuer is in the process of offering or planning to offer securities, including the type and amount of securities being offered). This bill may only be construed as requiring the SEC to amend Regulation D with respect to presentations and communications, and not with respect to purchases or sales.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
2 December 2015
Committee
Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Introduction and Referral.
Source: Committee
9 February 2016
Introduced
Referred to the House Committee on Financial Services.
Source: IntroReferral
9 February 2016
Introduced
Introduced in House
Source: IntroReferral
9 February 2016
Introduced
Introduced in House
Source: IntroReferral
2 March 2016
Vote
Ordered to be Reported by the Yeas and Nays: 44 - 13.
Source: Committee
2 March 2016
Committee
Committee Consideration and Mark-up Session Held.
Source: Committee
19 April 2016
Calendars
Placed on the Union Calendar, Calendar No. 389.
Source: Calendars
19 April 2016
Reported
Reported by the Committee on Financial Services. H. Rept. 114-509.
Source: Committee
19 April 2016
Reported
Reported by the Committee on Financial Services. H. Rept. 114-509.
Source: Committee
26 April 2016
Reported
Rules Committee Resolution H. Res. 701 Reported to House. Rule provides for consideration of H.R. 4498 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. A specified amendment is in order.
Source: Floor
27 April 2016
Passed
Motion to reconsider laid on the table Agreed to without objection.
Source: Floor
27 April 2016
Vote
On passage Passed by the Yeas and Nays: 325 - 89 (Roll no. 171). (text: CR H2037-2038)
Source: Floor
27 April 2016
Vote
Passed/agreed to in House: On passage Passed by the Yeas and Nays: 325 - 89 (Roll no. 171).(text: CR H2037-2038)
Source: Floor
27 April 2016
Floor
Rule provides for consideration of H.R. 4498 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. Measure will be considered read. A specified amendment is in order.
Source: Floor
27 April 2016
Floor
Considered under the provisions of rule H. Res. 701. (consideration: CR H2037-2046)
Source: Floor
27 April 2016
Passed
Rule H. Res. 701 passed House.
Source: Floor
28 April 2016
Introduced
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Referred in Senate · 28 April 2016 · Download file
- Engrossed in House · 27 April 2016 · Download file
- Reported in House · 19 April 2016 · Download file
- Introduced in House · 9 February 2016 · Download file
Documents
11 official files
Referred in Senate (text)
This file cannot be previewed here. Use View or Download.
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Referred in Senate (text)
Referred in Senate · EN · 28 April 2016
Referred in Senate (PDF)
Referred in Senate · EN · 28 April 2016
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Engrossed in House (text)
Engrossed in House · EN · 27 April 2016
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Engrossed in House (PDF)
Engrossed in House · EN · 27 April 2016
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Passed House without amendment
summary · EN · 27 April 2016
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Reported in House (text)
Reported in House · EN · 19 April 2016
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Reported in House (PDF)
Reported in House · EN · 19 April 2016
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Reported to House without amendment
summary · EN · 19 April 2016
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House (text)
Introduced in House · EN · 9 February 2016
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House (PDF)
Introduced in House · EN · 9 February 2016
ViewDownloadOpen at official source
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Introduced in House
summary · EN · 9 February 2016
Leesvertaling
Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.
Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.
Sponsors
- Rep. Chabot, Steve [R-OH-1] · R · Sponsor
- Sen. Sinema, Kyrsten [I-AZ] · D · Sponsor
- Rep. Hurt, Robert [R-VA-5] · R · Sponsor
- Rep. Takai, Mark [D-HI-1] · D · Sponsor
- Carlos Curbelo · R · Cosponsor
- Rep. Wagner, Ann [R-MO-2] · R · Cosponsor
- Rep. Costello, Ryan A. [R-PA-6] · R · Cosponsor
- Rep. Barr, Andy [R-KY-6] · R · Cosponsor
- Rep. Hultgren, Randy [R-IL-14] · R · Cosponsor
- Rep. Delaney, John K. [D-MD-6] · D · Cosponsor
- Rep. Sessions, Pete [R-TX-17] · R · Cosponsor
- Rep. Polis, Jared [D-CO-2] · D · Cosponsor
- · ssbk00 · Standing
- · hsba00 · Standing
Related records
- related to → HALOS Act
- related to → HALOS Act
- related to ← Providing for consideration of the bill (H.R. 4498) to clarify the definition of general solicitation under Federal securities law.
- related to ← Financial CHOICE Act of 2016
- amends ← Amendment sought to stipulate that no sponsor of a demo day can collect finders' fees for connecting investors to companies; sought to limit the relief offered under the bill to actual operating companies in the "real economy"; and sought to codify the relief the SEC has already provided for angel investor groups as it relates to demo days.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/114th-congress/house-bill/4498
- Open data entity: https://api.congress.gov/v3/bill/114/hr/4498
- us · 114-hr-4498 · source updated 7 April 2025