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    <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 Mrs. WAGNER:H.R. 2627.Congress has the power to enact this legislation pursuantto the following:Article I, Section 8, Clause 18 of the United StatesConstitution: To make all laws which shall be necessary andproper for carrying into execution the foregoing powers, andall other powers vested by this Constitution in thegovernment of the United States, or in any department orofficer thereof.The single subject of this legislation is:This bill allows a closed-end fund--a portfolio of pooledassets with a limited number of shares traded on anexchangd--to increase their investments in private investmentfunds.[Page H1728]&lt;/pre&gt;</constitutionalAuthorityStatementText>
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        <citation>H. Rept. 118-312</citation>
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        <title>Expanding Access to Capital Act of 2023</title>
        <congress>118</congress>
        <number>2799</number>
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          <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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        <title>Women's Retirement Protection Act</title>
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        <number>5060</number>
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          <actionDate>2023-07-27</actionDate>
          <text>Referred to the Committee on Education and the Workforce, and in addition to the Committees on Financial Services, and 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>
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        <text>Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 37 - 11.</text>
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        <fullName>Rep. Wagner, Ann [R-MO-2]</fullName>
        <firstName>Ann</firstName>
        <lastName>Wagner</lastName>
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        <state>MO</state>
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        <fullName>Rep. Meeks, Gregory W. [D-NY-5]</fullName>
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        <fullName>Rep. Torres, Ritchie [D-NY-15]</fullName>
        <firstName>Ritchie</firstName>
        <lastName>Torres</lastName>
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        <state>NY</state>
        <district>15</district>
        <sponsorshipDate>2023-05-18</sponsorshipDate>
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        <bioguideId>S001157</bioguideId>
        <fullName>Rep. Scott, David [D-GA-13]</fullName>
        <firstName>David</firstName>
        <lastName>Scott</lastName>
        <party>D</party>
        <state>GA</state>
        <district>13</district>
        <sponsorshipDate>2023-05-22</sponsorshipDate>
        <isOriginalCosponsor>False</isOriginalCosponsor>
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        <bioguideId>N000194</bioguideId>
        <fullName>Rep. Nickel, Wiley [D-NC-13]</fullName>
        <firstName>Wiley</firstName>
        <lastName>Nickel</lastName>
        <party>D</party>
        <state>NC</state>
        <district>13</district>
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        <pubDate>2023-07-25T21:17:00Z</pubDate>
        <title>H.R. 2627, Increasing Investor Opportunities Act</title>
        <url>https://www.cbo.gov/publication/59427</url>
        <description>As ordered reported by the House Committee on Financial Services on May 24, 2023</description>
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      <name>Finance and Financial Sector</name>
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          <name>Banking and financial institutions regulation</name>
          <updateDate>2023-06-02T14:07:50Z</updateDate>
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          <name>Financial services and investments</name>
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        <name>Finance and Financial Sector</name>
        <updateDate>2023-04-19T19:00:21Z</updateDate>
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        <actionDate>2023-04-13</actionDate>
        <actionDesc>Introduced in House</actionDesc>
        <updateDate>2023-07-28T20:12:37Z</updateDate>
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          <text>&lt;p&gt;&lt;b&gt;Increasing Investor Opportunities Act &lt;/b&gt;&lt;/p&gt; &lt;p&gt;This bill allows a closed-end fund&amp;#8212;a portfolio of pooled assets with a limited number of shares traded on an exchange&amp;#8212;to increase its investment in private investment funds. &lt;/p&gt;</text>
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        <actionDate>2023-12-12</actionDate>
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        <updateDate>2024-07-25T18:31:32Z</updateDate>
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          <text>&lt;p&gt;&lt;strong&gt;Increasing Investor Opportunities Act &lt;/strong&gt;&lt;/p&gt;&lt;p&gt;This bill allows a closed-end fund—a portfolio of pooled assets with a limited number of shares traded on an exchange—to increase its investment in private investment funds.&amp;nbsp;The Securities and Exchange Commission is prohibited from limiting the sale or listing of securities of a closed-end fund that invests in private investment funds. This bill also apples to a closed-end company treated as a business development company.&amp;nbsp;&amp;nbsp;&lt;/p&gt;&lt;!--tinycomments|2.1|data:application/json;base64,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--&gt;</text>
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        <title>To amend the Investment Company Act of 1940 to prohibit limitations on closed-end companies investing in private funds, and for other purposes.</title>
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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>
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