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    <number>1574</number>
    <updateDate>2025-05-27T14:12:00Z</updateDate>
    <updateDateIncludingText>2025-05-27T14:12:00Z</updateDateIncludingText>
    <originChamber>House</originChamber>
    <originChamberCode>H</originChamberCode>
    <type>HR</type>
    <introducedDate>2023-03-14</introducedDate>
    <congress>118</congress>
    <cdata>
      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 169, Number 47 (Tuesday, March 14, 2023)][House]From the Congressional Record Online through the Government Publishing Office [&lt;a href="https://www.gpo.gov"&gt;www.gpo.gov&lt;/a&gt;]By Mr. DAVIDSON:H.R. 1574.Congress has the power to enact this legislation pursuantto the following:Clause 3 of section 8 of article I of the ConstitutionThe single subject of this legislation is:Securities and Exchange Commission.[Page H1286]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <systemCode>hsba00</systemCode>
        <name>Financial Services Committee</name>
        <chamber>House</chamber>
        <type>Standing</type>
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            <name>Referred To</name>
            <date>2023-03-14T20:02:35Z</date>
          </item>
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      <item>
        <actionDate>2023-03-14</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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            <name>Financial Services Committee</name>
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        <actionDate>2023-03-14</actionDate>
        <text>Introduced in House</text>
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          <name>Library of Congress</name>
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        <actionDate>2023-03-14</actionDate>
        <text>Introduced in House</text>
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          <name>Library of Congress</name>
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    <sponsors>
      <item>
        <bioguideId>D000626</bioguideId>
        <fullName>Rep. Davidson, Warren [R-OH-8]</fullName>
        <firstName>Warren</firstName>
        <lastName>Davidson</lastName>
        <party>R</party>
        <state>OH</state>
        <district>8</district>
        <isByRequest>N</isByRequest>
      </item>
    </sponsors>
    <policyArea>
      <name>Finance and Financial Sector</name>
    </policyArea>
    <subjects>
      <legislativeSubjects/>
      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2023-03-27T20:17:36Z</updateDate>
      </policyArea>
    </subjects>
    <summaries>
      <summary>
        <versionCode>00</versionCode>
        <actionDate>2023-03-14</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2023-06-14T14:43:50Z</updateDate>
        <cdata>
          <text>&lt;p&gt;&lt;strong&gt;Accredited Investor Self-Certification Act &lt;/strong&gt;&lt;/p&gt; &lt;p&gt;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. &lt;/p&gt; &lt;p&gt;Specifically, the bill allows an individual to qualify by certifying to the issuer of securities that the individual understands the risks of investment in private issuers. Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience. &lt;/p&gt;</text>
        </cdata>
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    </summaries>
    <title>Risk Disclosure and Investor Attestation Act</title>
    <titles>
      <item>
        <titleType>Display Title</titleType>
        <titleTypeCode>45</titleTypeCode>
        <title>Risk Disclosure and Investor Attestation Act</title>
        <updateDate>2024-07-24T15:23:24Z</updateDate>
      </item>
      <item>
        <titleType>Short Title(s) as Introduced</titleType>
        <titleTypeCode>101</titleTypeCode>
        <title>Risk Disclosure and Investor Attestation Act</title>
        <updateDate>2024-05-24T13:41:46Z</updateDate>
        <billTextVersionName>Introduced in House</billTextVersionName>
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      <item>
        <titleType>Official Title as Introduced</titleType>
        <titleTypeCode>6</titleTypeCode>
        <title>To amend the Securities Act of 1933 to permit an individual to invest in private issuers upon acknowledging the investment risks, and for other purposes.</title>
        <updateDate>2024-03-18T20:28:09Z</updateDate>
        <billTextVersionName>Introduced in House</billTextVersionName>
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        <type>Introduced in House</type>
        <date>2023-03-14T04:00:00Z</date>
        <formats>
          <item>
            <url>https://www.govinfo.gov/content/pkg/BILLS-118hr1574ih/xml/BILLS-118hr1574ih.xml</url>
          </item>
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    <latestAction>
      <actionDate>2023-03-14</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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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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