HR 7164 · 110th Congress · International Affairs

Southern Africa Enterprise Development Fund Act of 2008

Introduced 2008-09-26· Sponsored by Rep. Payne, Donald M. [D-NJ-10]· House

Bill Progress

Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2008-09-26)

Plain Language Summary

[AI summary unavailable — showing source text] Southern Africa Enterprise Development Fund Act of 2008 - Authorizes: (1) the Southern Africa Enterprise Development Fund (SAEDF) to conduct public offerings or private placements for the purpose of soliciting and accepting venture capital; and (2) financial returns on SAEDF investments that include a component of private venture capital to be distributed to the investors of such capital.…

Summarized by Claude AI · Non-partisan · For informational purposes only

Cosponsors (2)

2 Democrats