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United States · Bill · S

S. 3709 (118th)

Investment Opportunity Expansion Act

referredUnited States· United States Congress· EN

Introduced

31 January 2024

Last action

31 January 2024 · Introduced

Status

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

Sponsors

Sen. Budd, Ted [R-NC], Sen. Smith, Tina [D-MN], Sen. Braun, Mike [R-IN]

Subjects

Discovery layer

Source updated

27 May 2025

Summary

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.

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

Timeline

  1. 31 January 2024

    Introduced

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

    Source: IntroReferral

  2. 31 January 2024

    Introduced

    Introduced in Senate

    Source: IntroReferral

Votes

No vote records are attached yet.

Versions

Documents

3 official files

Introduced in Senate (text)

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Leesvertaling

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  • Introduced in Senate (text)

    Introduced in Senate · EN · 31 January 2024

    ViewDownloadOpen at official source

  • Introduced in Senate (PDF)

    Introduced in Senate · EN · 31 January 2024

    ViewDownloadOpen at official source

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  • Introduced in Senate

    summary · EN · 31 January 2024

    Open at official source

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Sponsors

Related records

Sources

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