Pipeline · Bill → Law
Step 1
Introduced
Apr 24, 2023
Step 2
Referred
Apr 24, 2023
Financial Services · Banking, Housing, and Urban Affairs
Step 3
Committee
Apr 26, 2023
Reported out
Step 4
House floor
Step 5
Senate
Jun 1, 2023
Step 6
Resolve Changes
Step 7
Signed
SummaryCRS Summary
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. Specifically, the bill allows an individual to qualify through an examination established by the Securities and Exchange Commission. The examination must be designed with an appropriate difficulty level such that an individual with financial sophistication or training would be unlikely to fail, include methods to determine competency in certain areas, and be administered by a registered national securities association and offered free of charge to the public. Currently, accredited inves...
Roll Call Votes · 1
Timeline · 14 actions
Jun 1, 2023
Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
May 31, 2023
Considered as unfinished business.
May 31, 2023
On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 383 - 18 (Roll no. 244).ROLL CALLpass
May 31, 2023
Motion to reconsider laid on the table Agreed to without objection.
May 30, 2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-77.
May 30, 2023
Placed on the Union Calendar, Calendar No. 56.
May 30, 2023
Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
May 30, 2023
Considered under suspension of the rules.
May 30, 2023
DEBATE - The House proceeded with forty minutes of debate on H.R. 2797.
May 30, 2023
At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
Apr 26, 2023
Committee Consideration and Mark-up Session Held.
Apr 26, 2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 42 - 1.
Apr 24, 2023
Introduced in House
Apr 24, 2023
Referred to the House Committee on Financial Services.