HR 1105 · 113th Congress · Finance and Financial Sector
Small Business Capital Access and Job Preservation Act
Bill Progress
1
Introduced✓
Committee✓
House Vote4
Senate5
EnactedLatest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2013-12-09)
Recorded Votes
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Plain Language Summary
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Small Business Capital Access and Job Preservation Act - Amends the Investment Advisers Act of 1940 to exempt private equity fund investment advisers from its registration and reporting requirements, provided that each private equity fund has not borrowed and does not have outstanding a principal amount exceeding twice its invested capital commitments. Directs the Securities and Exchange Commission (SEC) to promulgate final rules that: (1) require such investment advisers to maintain records the SEC determines necessary, taking into account fund size, governance, investment strategy, and risk; and (2) define the term "private equity fund" for purposes of this Act.…
Summarized by Claude AI · Non-partisan · For informational purposes only
CBO Cost Estimate
Congressional Budget OfficeH.R. 1105, Small Business Capital Access and Job Preservation Act
Jul 10, 2013As ordered reported by the House Committee on Financial Services on June 19, 2013
Full CBO report ↗Official non-partisan budget analysis by the Congressional Budget Office
Cosponsors (12)
7 Democrats5 Republicans