United States · Bill · S
S. 3976 (117th)
Expanding American Entrepreneurship Act
Introduced
31 March 2022
Last action
5 April 2022 · Committee
Status
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-621.
Sponsors
Sen. Moran, Jerry [R-KS], Sen. Scott, Tim [R-SC]
Subjects
Discovery layer
Source updated
27 May 2026
Summary
Expanding American Entrepreneurship Act This bill revises qualification requirements for venture capital funds. Venture capital funds are exempt from certain regulations applicable to other investment firms, including those related to filings, audits, and restricted communications with investors. Currently, an investment firm qualifies as a venture capital fund if, among other requirements (1) the fund's securities are owned by 250 persons or less, and (2) the fund has $10 million or less in aggregate capital contributions and uncalled committed capital. The bill increases these amounts to 500 persons and $50 million, respectively.
This text is taken from the official record. PoliticalRepo does not editorialize.
Timeline
31 March 2022
Introduced
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Source: IntroReferral
31 March 2022
Introduced
Introduced in Senate
Source: IntroReferral
5 April 2022
Committee
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 117-621.
Source: Committee
Votes
No vote records are attached yet.
Versions
- Introduced in Senate · 31 March 2022 · Download file
Documents
3 official files
Introduced in Senate (text)
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Introduced in Senate (text)
Introduced in Senate · EN · 31 March 2022
Introduced in Senate (PDF)
Introduced in Senate · EN · 31 March 2022
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Introduced in Senate
summary · EN · 31 March 2022
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
- Sen. Moran, Jerry [R-KS] · R · Sponsor
- Sen. Scott, Tim [R-SC] · R · Sponsor
- · ssbk00 · Standing
Related records
- related to → Expanding American Entrepreneurship Act
Sources
PoliticalRepo is an index and interpretation layer, not the authoritative legal source.
- Official source: https://www.congress.gov/bill/117th-congress/senate-bill/3976
- Open data entity: https://api.congress.gov/v3/bill/117/s/3976
- us · 117-s-3976 · source updated 27 May 2026