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        <title>HALOS Act of 2023</title>
        <congress>118</congress>
        <number>1553</number>
        <type>HR</type>
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          <actionDate>2023-12-12</actionDate>
          <text>Placed on the Union Calendar, Calendar No. 250.</text>
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        <fullName>Sen. Murphy, Christopher [D-CT]</fullName>
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        <sponsorshipDate>2023-11-14</sponsorshipDate>
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        <lastName>Tillis</lastName>
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        <state>NC</state>
        <middleName>Roland</middleName>
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        <actionDesc>Introduced in Senate</actionDesc>
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          <text>&lt;p&gt;&lt;strong&gt;Helping Angels Lead Our Startups Act of 2023 or the HALOS Act of 2023&lt;/strong&gt;&lt;/p&gt;&lt;p&gt;This bill directs the Securities and Exchange Commission (SEC) to revise Regulation D, which exempts certain offerings from SEC registration requirements but prohibits general solicitation or general advertising with respect to such offerings. Specifically, this prohibition shall not apply to events with specified kinds of sponsors—including &lt;em&gt;angel investor groups&lt;/em&gt; unconnected to broker-dealers or investment advisers—where presentations or communications are made by or on behalf of an issuer, if&lt;/p&gt;&lt;ul&gt;&lt;li&gt;the advertising does not refer to any specific offering of securities by the issuer;&lt;/li&gt;&lt;li&gt;the sponsor does not provide investment recommendation or advice to attendees, engage in investment negotiations with attendees, charge certain fees, or receive certain compensation; and&lt;/li&gt;&lt;li&gt;no specific information regarding a securities offering is communicated beyond&amp;nbsp;the type and amount of securities being offered, the amount of securities already subscribed for, and the intended use of proceeds from the offering.&lt;/li&gt;&lt;/ul&gt;&lt;!--tinycomments|2.1|data:application/json;base64,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--&gt;</text>
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    <title>HALOS Act of 2023</title>
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        <title>HALOS Act of 2023</title>
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        <title>Helping Angels Lead Our Startups Act of 2023</title>
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        <title>A bill to require the Securities and Exchange Commission to revise the rules of the Commission relating to general solicitation or general advertising, and for other purposes.</title>
        <updateDate>2023-11-21T12:59:00Z</updateDate>
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      <actionDate>2023-11-14</actionDate>
      <text>Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.</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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