United States · Bill · HR
H.R. 4565 (109th)
Angels Nurture Growing Entrepreneurs into Long-term Successes (ANGELS) Act
Introduced
15 December 2005
Last action
15 December 2005 · Introduced
Status
Referred to the Committee on Small Business, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Sponsors
Rep. Velázquez, Nydia M. [D-NY-7], Rep. Barrow, John [D-GA-12], Rep. Bean, Melissa L. [D-IL-8], Del. Bordallo, Madeleine Z. [D-GU-At Large], Rep. Case, Ed [D-HI-1], Del. Christensen, Donna M. [D-VI-At Large], Rep. Davis, Danny K. [D-IL-7], Rep. Grijalva, Raúl M. [D-AZ-7], Rep. Michaud, Michael H. [D-ME-2], Rep. Millender-McDonald, Juanita [D-CA-37], Rep. Moore, Gwen [D-WI-4], Rep. Sánchez, Linda T. [D-CA-38], Rep. Owens, Major R. [D-NY-11], Del. Faleomavaega, Eni F. H. [D-AS-At Large], Rep. Kilpatrick, Carolyn C. [D-MI-13], Rep. Engel, Eliot L. [D-NY-16], Rep. Wynn, Albert Russell [D-MD-4], Sen. Brown, Sherrod [D-OH], Rep. Johnson, Eddie Bernice [D-TX-30], Rep. McKinney, Cynthia A. [D-GA-4], Rep. Lewis, John [D-GA-5], Sen. Udall, Tom [D-NM], Rep. Schakowsky, Janice D. [D-IL-9]
Subjects
Taxation, Education
Source updated
15 August 2025
Summary
Angels Nurture Growing Entrepreneurs into Long-Term Successes (ANGELS) Act - Amends the Small Business Investment Act of 1958 to establish within the Investment Division of the Small Business Administration (SBA) the Office of Angel Investment, headed by a Director, to provide support for the development of angel investment opportunities for small businesses. Requires the Director to: (1) establish and carry out a program, to be known as the Angel Finance Program, to provide financing to approved angel groups; (2) establish and maintain a searchable database, to be known as the Federal Angel Network, to assist small businesses in identifying angel investors; and (3) establish and carry out a program to make grants for the development of new or existing angel groups and to increase awareness and education about angel investing. Amends the Internal Revenue Code to provide a small business investment tax credit of 20 percent of the amount paid or incurred for qualified small business investment.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
15 December 2005
Introduced
Referred to the Committee on Small Business, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
15 December 2005
Introduced
Referred to the Committee on Small Business, and in addition to the Committee on Ways and Means, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Source: IntroReferral
15 December 2005
Introduced
Introduced in House
Source: IntroReferral
15 December 2005
Introduced
Introduced in House
Source: IntroReferral
Votes
No vote records are attached yet.
Versions
- Introduced in House · 15 December 2005 · Download file
Documents
3 official files
Introduced in House (text)
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Introduced in House (text)
Introduced in House · EN · 15 December 2005
Introduced in House (PDF)
Introduced in House · EN · 15 December 2005
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Introduced in House
summary · EN · 15 December 2005
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Sponsors
- Rep. Velázquez, Nydia M. [D-NY-7] · D · Sponsor
- Rep. Barrow, John [D-GA-12] · D · Sponsor
- Rep. Bean, Melissa L. [D-IL-8] · D · Sponsor
- Del. Bordallo, Madeleine Z. [D-GU-At Large] · D · Sponsor
- Rep. Case, Ed [D-HI-1] · D · Sponsor
- Del. Christensen, Donna M. [D-VI-At Large] · D · Sponsor
- Rep. Davis, Danny K. [D-IL-7] · D · Sponsor
- Rep. Grijalva, Raúl M. [D-AZ-7] · D · Sponsor
- Rep. Michaud, Michael H. [D-ME-2] · D · Sponsor
- Rep. Millender-McDonald, Juanita [D-CA-37] · D · Sponsor
- Rep. Moore, Gwen [D-WI-4] · D · Sponsor
- Rep. Sánchez, Linda T. [D-CA-38] · D · Sponsor
- Rep. Owens, Major R. [D-NY-11] · D · Cosponsor
- Del. Faleomavaega, Eni F. H. [D-AS-At Large] · D · Cosponsor
- Rep. Kilpatrick, Carolyn C. [D-MI-13] · D · Cosponsor
- Rep. Engel, Eliot L. [D-NY-16] · D · Cosponsor
- Rep. Wynn, Albert Russell [D-MD-4] · D · Cosponsor
- Sen. Brown, Sherrod [D-OH] · D · Cosponsor
- Rep. Johnson, Eddie Bernice [D-TX-30] · D · Cosponsor
- Rep. McKinney, Cynthia A. [D-GA-4] · D · Cosponsor
- Rep. Lewis, John [D-GA-5] · D · Cosponsor
- Sen. Udall, Tom [D-NM] · D · Cosponsor
- Rep. Schakowsky, Janice D. [D-IL-9] · D · Cosponsor
- · hswm00 · Standing
- · hssm00 · Standing
Related records
No cross-record relationships stored yet.
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/109th-congress/house-bill/4565
- Open data entity: https://api.congress.gov/v3/bill/109/hr/4565
- us · 109-hr-4565 · source updated 15 August 2025