3.0.0 3170 2023-01-15T06:48:03Z 2023-01-15T06:48:03Z House H HR 2003-09-24 108 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Standing Referred to 2004-04-29T19:05:02Z hsba00 Financial Services Committee House Standing hsba16 Capital Markets Subcommittee Referred to 2003-10-03T15:31:58Z Referred to 2003-09-24T14:03:00Z 2004-04-29 ssbk00 Banking, Housing, and Urban Affairs Committee Senate Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. IntroReferral 2004-04-28 11:28:34 Motion to reconsider laid on the table Agreed to without objection. Floor H38310 2 House floor actions 2004-04-28 11:28:29 On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H2423) Floor H37300 2 House floor actions 2004-04-28 11:28:29 Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H2423) Floor 8000 9 Library of Congress 2004-04-28 11:19:29 DEBATE - The House proceeded with forty minutes of debate on H.R. 3170. Floor H8D000 2 House floor actions 2004-04-28 11:19:24 Considered under suspension of the rules. (consideration: CR H2423-2424) Floor H30000 2 House floor actions 2004-04-28 11:19:10 Mrs. Kelly moved to suspend the rules and pass the bill. Floor H30300 2 House floor actions 2003-10-03 hsba16 Capital Markets Subcommittee 1 House committee actions Referred to the Subcommittee on Capital Markets, Insurance and Government Sponsored Enterprises. Committee 2003-09-24 Referred to the House Committee on Financial Services. IntroReferral H11100 2 House floor actions hsba00 Financial Services Committee 2003-09-24 Introduced in House IntroReferral Intro-H 9 Library of Congress 2003-09-24 Introduced in House IntroReferral 1000 9 Library of Congress K000078 Rep. Kelly, Sue W. [R-NY-19] SUE KELLY R NY W. 19 N V000081 Rep. Velazquez, Nydia M. [D-NY-12] NYDIA VELAZQUEZ D NY M. 12 2003-09-24 True Finance and Financial Sector Commerce Mutual funds Securities Securities regulation Small business Stock exchanges Finance and Financial Sector 00 2003-09-24 Introduced in House 2004-04-23T21:59:33Z Increased Capital Access for Growing Business Act - Amends the Investment Company Act of 1940 to include as an "eligible portfolio company," for purposes of eligibility for investment in small- and medium-sized businesses, an issuer of securities that: (1) does not have any class of equity securities listed for trading on a national securities exchange or traded through the facilities of a national securities association; or (2) has an aggregate value of outstanding publicly traded equity securities of not more than $250 million. Allows the Securities and Exchange Commission to adjust such amount consistent with the public interest, protection of investors, and the public purpose.

Includes as an eligible business development company, also for such purposes, an investment company: (1) without any such class of equity securities; or (2) that is not an eligible portfolio company because the aggregate value of its outstanding publicly traded equity securities is more than $250 million but not more than $500 million, as long as such securities represent no more than ten percent of the total invested assets of the company.

]]> 81 2004-04-28 Passed House without amendment 2004-05-03T20:04:45Z (This measure has not been amended since it was introduced. The summary of that version is repeated here.)

Increased Capital Access for Growing Business Act - Amends the Investment Company Act of 1940 to include as an "eligible portfolio company," for purposes of eligibility for investment in small- and medium-sized businesses, an issuer of securities that: (1) does not have any class of equity securities listed for trading on a national securities exchange or traded through the facilities of a national securities association; or (2) has an aggregate value of outstanding publicly traded equity securities of not more than $250 million. Allows the Securities and Exchange Commission to adjust such amount consistent with the public interest, protection of investors, and the public purpose.

Includes as an eligible business development company, also for such purposes, an investment company: (1) without any such class of equity securities; or (2) that is not an eligible portfolio company because the aggregate value of its outstanding publicly traded equity securities is more than $250 million but not more than $500 million, as long as such securities represent no more than ten percent of the total invested assets of the company.

]]> Increased Capital Access for Growing Business Act Display Title Increased Capital Access for Growing Business Act Official Title as Introduced To amend the Investment Company Act of 1940 to provide incentives for small business investment, and for other purposes. Introduced in House IH Short Titles as Introduced Increased Capital Access for Growing Business Act Short Titles as Passed House Increased Capital Access for Growing Business Act H House Referred in Senate 2004-04-29T04:00:00Z Engrossed in House 2004-04-28T04:00:00Z Introduced in House 2003-09-24T04:00:00Z 2004-04-29 Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. text/xml EN Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain. Congressional Research Service, Library of Congress This file contains bill summaries and statuses for federal legislation. A bill summary describes the most significant provisions of a piece of legislation and details the effects the legislative text may have on current law and federal programs. Bill summaries are authored by the Congressional Research Service (CRS) of the Library of Congress. As stated in Public Law 91-510 (2 USC 166 (d)(6)), one of the duties of CRS is "to prepare summaries and digests of bills and resolutions of a public general nature introduced in the Senate or House of Representatives". For more information, refer to the User Guide that accompanies this file.