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    <number>2578</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>2023-04-13</introducedDate>
    <congress>118</congress>
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      <constitutionalAuthorityStatementText>&lt;pre&gt;[Congressional Record Volume 169, Number 62 (Thursday, April 13, 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. BARR:H.R. 2578.Congress has the power to enact this legislation pursuantto the following:Article 1, Section 8 of the United States Constitution.The single subject of this legislation is:To amend the Investment Advisers Act of 1940 to increasethe exemption from registration threshold for certaininvestment advisers of private funds to reflect the change ininflation.[Page H1726]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <chamber>House</chamber>
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            <name>Referred To</name>
            <date>2023-04-13T15:03:50Z</date>
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      <item>
        <title>Expanding Access to Capital Act of 2023</title>
        <congress>118</congress>
        <number>2799</number>
        <type>HR</type>
        <latestAction>
          <actionDate>2024-03-11</actionDate>
          <text>Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</text>
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        <actionDate>2023-04-13</actionDate>
        <text>Referred to the House Committee on Financial Services.</text>
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        <bioguideId>B001282</bioguideId>
        <fullName>Rep. Barr, Andy [R-KY-6]</fullName>
        <firstName>Andy</firstName>
        <lastName>Barr</lastName>
        <party>R</party>
        <state>KY</state>
        <district>6</district>
        <isByRequest>N</isByRequest>
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    <policyArea>
      <name>Finance and Financial Sector</name>
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      <policyArea>
        <name>Finance and Financial Sector</name>
        <updateDate>2023-04-19T19:15:17Z</updateDate>
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        <actionDate>2023-04-13</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2023-09-26T21:02:00Z</updateDate>
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          <text>&lt;p class="MsoNormal" style="line-height: normal;"&gt;&lt;b&gt;Small Business Investor Capital Access Act&lt;/b&gt;&lt;/p&gt; &lt;p class="MsoNormal" style="line-height: normal;"&gt;This bill requires the Securities and Exchange Commission (SEC) to adjust annually for inflation the dollar amount of an exemption from registration requirements for investment advisors of private funds. Currently, investment advisors of private funds of less than $150 million in assets under management are exempt. The bill would require the SEC to adjust that amount annually based on the change in the Consumer Price Index.&lt;/p&gt;</text>
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    <title>Small Business Investor Capital Access Act</title>
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        <title>Small Business Investor Capital Access Act</title>
        <updateDate>2024-07-24T15:22:52Z</updateDate>
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        <title>Small Business Investor Capital Access Act</title>
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        <title>To amend the Investment Advisers Act of 1940 to increase the exemption from registration threshold for certain investment advisers of private funds to reflect the change in inflation.</title>
        <updateDate>2024-03-18T20:36:49Z</updateDate>
        <billTextVersionName>Introduced in House</billTextVersionName>
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        <date>2023-04-13T04:00:00Z</date>
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    <latestAction>
      <actionDate>2023-04-13</actionDate>
      <text>Referred to the House Committee on Financial Services.</text>
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    <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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