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United States · Bill · HR

H.R. 4854 (114th)

Supporting America's Innovators Act of 2016

openUnited States· United States Congress· EN

Introduced

23 March 2016

Last action

6 July 2016 · Introduced

Status

Received in the Senate.

Sponsors

Rep. McHenry, Patrick T. [R-NC-10], Rep. Schweikert, David [R-AZ-1]

Subjects

Discovery layer

Source updated

7 April 2025

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Summary

Supporting America's Innovators Act of 2016 This bill amends the Investment Company Act of 1940 to exempt from its coverage any issuer whose outstanding securities with respect to a qualifying venture capital fund (other than short-term paper) are beneficially owned by not more than 500 persons. The bill defines qualifying venture capital fund as one that does not purchase more than $10 million (annually adjusted for inflation) in securities of any one issuer.

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

Timeline

  1. 23 March 2016

    Introduced

    Referred to the House Committee on Financial Services.

    Source: IntroReferral

  2. 23 March 2016

    Introduced

    Introduced in House

    Source: IntroReferral

  3. 23 March 2016

    Introduced

    Introduced in House

    Source: IntroReferral

  4. 14 April 2016

    Committee

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

    Source: Committee

  5. 15 June 2016

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  6. 16 June 2016

    Vote

    Ordered to be Reported (Amended) by the Yeas and Nays: 57 - 2.

    Source: Committee

  7. 16 June 2016

    Committee

    Committee Consideration and Mark-up Session Held.

    Source: Committee

  8. 5 July 2016

    Passed

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

    Source: Floor

  9. 5 July 2016

    Vote

    On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 388 - 9 (Roll no. 349). (text: CR H4235)

    Source: Floor

  10. 5 July 2016

    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): 388 - 9 (Roll no. 349).(text: CR H4235)

    Source: Floor

  11. 5 July 2016

    Floor

    Considered under suspension of the rules. (consideration: CR H4235-4236)

    Source: Floor

  12. 5 July 2016

    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

  13. 5 July 2016

    Floor

    DEBATE - The House proceeded with forty minutes of debate on H.R. 4854.

    Source: Floor

  14. 5 July 2016

    Floor

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

    Source: Floor

  15. 5 July 2016

    Calendars

    Placed on the Union Calendar, Calendar No. 511.

    Source: Calendars

  16. 5 July 2016

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 114-660.

    Source: Committee

  17. 5 July 2016

    Reported

    Reported (Amended) by the Committee on Financial Services. H. Rept. 114-660.

    Source: Committee

  18. 6 July 2016

    Introduced

    Received in the Senate.

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

10 official files

Received in Senate (text)

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Leesvertaling

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  • Received in Senate (text)

    Received in Senate · EN · 6 July 2016

    ViewDownloadOpen at official source

  • Received in Senate (PDF)

    Received in Senate · EN · 6 July 2016

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  • Reported in House (text)

    Reported in House · EN · 5 July 2016

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  • Reported in House (PDF)

    Reported in House · EN · 5 July 2016

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  • Engrossed in House (text)

    Engrossed in House · EN · 5 July 2016

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  • Engrossed in House (PDF)

    Engrossed in House · EN · 5 July 2016

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  • Passed House amended

    summary · EN · 5 July 2016

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  • Introduced in House (text)

    Introduced in House · EN · 23 March 2016

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  • Introduced in House (PDF)

    Introduced in House · EN · 23 March 2016

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  • Introduced in House

    summary · EN · 23 March 2016

    Open at official source

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Sponsors

Related records

Sources

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