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112th Congress > House > Vote 822

Date: November 03, 2011

Result: 190-234 (Failed)

Clerk session vote number: 826

Vote Subject Matter: Government Management / Regulation Special Interest

Sponsor: MCCARTHY, Kevin (R-CA)

Bill number: HR2940

Question: On Agreeing to the Amendment

Description: Miller of North Carolina Amendment

Bill summary: (This measure has not been amended since it was reported by the House on October 31, 2011. The summary of that version is repeated here.) Access to Capital for Job Creators Act - Amends the Securities Act of 1933 to exempt from specified prohibitions relating to interstate commerce and the mails any transactions by an issuer that do not involve a public offering (as under current law), whether or not such transactions involve general solicitation or general advertising. Directs the Securities and Exchange Commission (SEC) to revise rules governing an exemption from public offering requirements for limited offers and sales without regard to the dollar amount of the offering (Regulation D), so as to provide that a specified prohibition against general solicitation or general advertising does not apply to offers and sales of securities made pursuant to Regulation D if all purchasers of the securities are accredited investors. Requires such rules to require the issuer to take reasonable steps to verify that purchasers of the securities are accredited investors, using methods determined by the SEC.

Bill titles: To direct the Securities and Exchange Commission to eliminate the prohibition against general solicitation as a requirement for a certain exemption under Regulation D.

Links for more info on the vote: congress.gov

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Member Vote Map

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Vote Ideological Breakdown

This chart describes how members voted on the rollcall. Members are placed according to their NOMINATE ideological scores. A cutting line divides the vote into those expected to vote "Yea" and those expected to vote "Nay". The shaded heatmap reflects the expected probability of voting "Yea". You can select points or regions to subset the members listed above and below.

Votes

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Selected: of from including with NOMINATE scores within .