HR 4279 · 115th Congress · Finance and Financial Sector

Expanding Investment Opportunities Act

Introduced 2017-11-07· Sponsored by Rep. Hollingsworth, Trey [R-IN-9]· House

Bill Progress

Introduced
Committee
House Vote
4
Senate
5
Enacted
Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.(2018-01-18)

Recorded Votes

PassedHouse · 2018-01-17
Roll #25
Yea 418Nay 2
Democrats
188 Yea·1 Nay
Republicans
230 Yea·1 Nay
PassedHouse · 2018-01-17
Roll #25
Yea 418Nay 2
Democrats
188 Yea·1 Nay
Republicans
230 Yea·1 Nay

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Plain Language Summary

[AI summary unavailable — showing source text] Expanding Investment Opportunities Act This bill directs the Securities and Exchange Commission to revise registration rules to allow a closed-end company to use offering and proxy rules currently available to other issuers of securities, thereby reducing filing requirements and restrictions on communications with investors in certain circumstances. (A closed-end company is a publicly traded investment management company that sells a limited number of shares to investors in an initial public offering.)…

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

CBO Cost Estimate

Congressional Budget Office

H.R. 4279, Expanding Investment Opportunities Act

Jan 16, 2018

As ordered reported by the House Committee on Financial Services on November 15, 2017

Full CBO report ↗

Official non-partisan budget analysis by the Congressional Budget Office

Cosponsors (3)

2 Democrats1 Republican