HOUSE 835118th CongressReferred to the Committee on Ethics, and in addition to the Committee on the Judiciary, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.

Condemning the statements of Representative Rashida Tlaib of Michigan.

Last Action: 11/1/2023

Actions

2023-06-06Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2023-06-05Motion to reconsider laid on the table Agreed to without objection.
2023-06-05On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2717)
2023-06-05Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by voice vote. (text: CR H2717)
2023-06-05DEBATE - The House proceeded with forty minutes of debate on H.R. 835.
2023-06-05Considered under suspension of the rules. (consideration: CR H2717-2719)
2023-06-05Mrs. Wagner moved to suspend the rules and pass the bill, as amended.
2023-06-05Placed on the Union Calendar, Calendar No. 64.
2023-06-05Reported (Amended) by the Committee on Financial Services. H. Rept. 118-87.
2023-06-05Reported (Amended) by the Committee on Financial Services. H. Rept. 118-87.
2023-04-26Ordered to be Reported in the Nature of a Substitute (Amended) by Voice Vote.
2023-04-26Committee Consideration and Mark-up Session Held.
2023-02-06Referred to the House Committee on Financial Services.
2023-02-06Introduced in House
2023-02-06Introduced in House

CRS Summary

As of 2023-06-05 (53)

Fair Investment Opportunities for Professional Experts Act

This bill expands the eligibility criteria for an accredited investor for purposes of participating in private offerings of securities to include an individual determined by the Securities and Exchange Commission (SEC) to have qualifying professional knowledge through educational or professional experience. (Certain unregistered securities may only be offered to accredited investors.)

The SEC is directed to revise the definition of accredited investor in Regulation D (which exempts certain offerings from SEC registration requirements) to conform to changes in this bill.

Cosponsors (7)

David Schweikert (R-AZ)
Byron Donalds (R-FL)
Juan Vargas (D-CA)
Michael Lawler (R-NY)
Warren Davidson (R-OH)
Bryan Steil (R-WI)
Tom Emmer (R-MN)

Subjects

Financial services and investments
Securities

Read on Congress.gov

Sourced from Congress.gov (public domain).

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