HR 2578 · 118th Congress · Finance and Financial Sector

Small Business Investor Capital Access Act

Introduced 2023-04-13· Sponsored by Rep. Barr, Andy [R-KY-6]· House

Bill Progress

✓
Introduced
2
Committee
3
House Vote
4
Senate
5
Enacted
Latest: Referred to the House Committee on Financial Services.(2023-04-13)

Plain Language Summary

[AI summary unavailable — showing source text] Small Business Investor Capital Access Act This bill requires the Securities and Exchange Commission (SEC) to adjust annually for inflation the dollar amount of an exemption from registration requirements for investment advisors of private funds. Currently, investment advisors of private funds of less than $150 million in assets under management are exempt. The bill would require the SEC to adjust that amount annually based on the change in the Consumer Price Index.…

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