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    <number>2803</number>
    <updateDate>2023-01-12T17:52:58Z</updateDate>
    <updateDateIncludingText>2023-01-12T17:52:58Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2007-06-21</introducedDate>
    <congress>110</congress>
    <committees>
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        <systemCode>hswm00</systemCode>
        <name>Ways and Means Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2007-06-21T14:03:10Z</date>
          </item>
        </activities>
      </item>
      <item>
        <systemCode>hssm00</systemCode>
        <name>Small Business Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
        <activities>
          <item>
            <name>Referred to</name>
            <date>2007-06-21T14:03:05Z</date>
          </item>
        </activities>
      </item>
    </committees>
    <actions>
      <item>
        <actionDate>2007-06-21</actionDate>
        <text>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.</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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          <item>
            <systemCode>hswm00</systemCode>
            <name>Ways and Means Committee</name>
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      </item>
      <item>
        <actionDate>2007-06-21</actionDate>
        <text>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.</text>
        <type>IntroReferral</type>
        <actionCode>H11100-A</actionCode>
        <sourceSystem>
          <code>9</code>
          <name>Library of Congress</name>
        </sourceSystem>
      </item>
      <item>
        <actionDate>2007-06-21</actionDate>
        <text>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.</text>
        <type>IntroReferral</type>
        <actionCode>H11100</actionCode>
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          <code>2</code>
          <name>House floor actions</name>
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            <systemCode>hssm00</systemCode>
            <name>Small Business Committee</name>
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        <actionDate>2007-06-21</actionDate>
        <text>Introduced in House</text>
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          <name>Library of Congress</name>
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        <actionDate>2007-06-21</actionDate>
        <text>Introduced in House</text>
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          <code>9</code>
          <name>Library of Congress</name>
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    <sponsors>
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        <bioguideId>V000081</bioguideId>
        <fullName>Rep. Velazquez, Nydia M. [D-NY-12]</fullName>
        <firstName>NYDIA</firstName>
        <lastName>VELAZQUEZ</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>M.</middleName>
        <district>12</district>
        <isByRequest>N</isByRequest>
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    </sponsors>
    <cosponsors>
      <item>
        <bioguideId>B001253</bioguideId>
        <fullName>Rep. Bean, Melissa L. [D-IL-8]</fullName>
        <firstName>Melissa</firstName>
        <lastName>Bean</lastName>
        <party>D</party>
        <state>IL</state>
        <middleName>L.</middleName>
        <district>8</district>
        <sponsorshipDate>2007-06-21</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>B001259</bioguideId>
        <fullName>Rep. Braley, Bruce L. [D-IA-1]</fullName>
        <firstName>Bruce</firstName>
        <lastName>Braley</lastName>
        <party>D</party>
        <state>IA</state>
        <middleName>L.</middleName>
        <district>1</district>
        <sponsorshipDate>2007-06-21</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001067</bioguideId>
        <fullName>Rep. Clarke, Yvette D. [D-NY-11]</fullName>
        <firstName>Yvette</firstName>
        <lastName>Clarke</lastName>
        <party>D</party>
        <state>NY</state>
        <middleName>D.</middleName>
        <district>11</district>
        <sponsorshipDate>2007-06-21</sponsorshipDate>
        <isOriginalCosponsor>True</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>M001160</bioguideId>
        <fullName>Rep. Moore, Gwen [D-WI-4]</fullName>
        <firstName>Gwen</firstName>
        <lastName>Moore</lastName>
        <party>D</party>
        <state>WI</state>
        <district>4</district>
        <sponsorshipDate>2007-06-26</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
      <item>
        <bioguideId>C001063</bioguideId>
        <fullName>Rep. Cuellar, Henry [D-TX-28]</fullName>
        <firstName>Henry</firstName>
        <lastName>Cuellar</lastName>
        <party>D</party>
        <state>TX</state>
        <district>28</district>
        <sponsorshipDate>2007-12-19</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
      </item>
    </cosponsors>
    <policyArea>
      <name>Commerce</name>
    </policyArea>
    <subjects>
      <legislativeSubjects>
        <item>
          <name>Armed Forces and National Security</name>
        </item>
        <item>
          <name>Business ethics</name>
        </item>
        <item>
          <name>Congressional reporting requirements</name>
        </item>
        <item>
          <name>Data banks</name>
        </item>
        <item>
          <name>Directories</name>
        </item>
        <item>
          <name>Economics and Public Finance</name>
        </item>
        <item>
          <name>Executive reorganization</name>
        </item>
        <item>
          <name>Finance and Financial Sector</name>
        </item>
        <item>
          <name>Government Operations and Politics</name>
        </item>
        <item>
          <name>Government paperwork</name>
        </item>
        <item>
          <name>Government publicity</name>
        </item>
        <item>
          <name>Government trust funds</name>
        </item>
        <item>
          <name>Grants-in-aid</name>
        </item>
        <item>
          <name>Income tax</name>
        </item>
        <item>
          <name>Investments</name>
        </item>
        <item>
          <name>Labor and Employment</name>
        </item>
        <item>
          <name>Minorities</name>
        </item>
        <item>
          <name>Minority business enterprises</name>
        </item>
        <item>
          <name>Nonprofit organizations</name>
        </item>
        <item>
          <name>Partnerships</name>
        </item>
        <item>
          <name>Profit</name>
        </item>
        <item>
          <name>Science, Technology, Communications</name>
        </item>
        <item>
          <name>Small Business Administration</name>
        </item>
        <item>
          <name>Small business</name>
        </item>
        <item>
          <name>Social Welfare</name>
        </item>
        <item>
          <name>Stocks</name>
        </item>
        <item>
          <name>Subsidies</name>
        </item>
        <item>
          <name>Tax credits</name>
        </item>
        <item>
          <name>Taxation</name>
        </item>
        <item>
          <name>Veterans' employment</name>
        </item>
        <item>
          <name>Women</name>
        </item>
        <item>
          <name>Women in business</name>
        </item>
      </legislativeSubjects>
      <policyArea>
        <name>Commerce</name>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2007-06-21</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2007-09-10T19:37:27Z</updateDate>
        <text><![CDATA[ <p>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.</p> <p>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.</p> <p>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.</p>]]></text>
      </summary>
    </summaries>
    <title>Angels Nurture Growing Entrepreneurs into Long-term Successes (ANGELS) Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <title>Angels Nurture Growing Entrepreneurs into Long-term Successes (ANGELS) Act</title>
      </item>
      <item>
        <titleType>Official Title as Introduced</titleType>
        <title>To amend the Small Business Investment Act of 1958 to establish the Angel Investment Program.</title>
        <billTextVersionName>Introduced in House</billTextVersionName>
        <billTextVersionCode>IH</billTextVersionCode>
      </item>
      <item>
        <titleType>Short Titles as Introduced</titleType>
        <title>Angels Nurture Growing Entrepreneurs into Long-term Successes (ANGELS) Act</title>
      </item>
    </titles>
    <textVersions>
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        <type>Introduced in House</type>
        <date>2007-06-21T04:00:00Z</date>
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            <url>https://www.govinfo.gov/content/pkg/BILLS-110hr2803ih/xml/BILLS-110hr2803ih.xml</url>
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        </formats>
      </item>
    </textVersions>
    <latestAction>
      <actionDate>2007-06-21</actionDate>
      <text>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.</text>
    </latestAction>
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    <dc:language>EN</dc:language>
    <dc:rights>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.</dc:rights>
    <dc:contributor>Congressional Research Service, Library of Congress</dc:contributor>
    <dc:description>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.</dc:description>
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