113th Congress > House > Vote 147

Date: May 15, 2013

Result: 416-6 (Passed)

Clerk session vote number: 148

Vote Subject Matter: Government Management / Regulation Special Interest

Sponsor: McHENRY, Patrick T. (R-NC)

Bill number: HR701

Question: On Motion to Suspend the Rules and Pass, as Amended

Description: To amend a provision of the Securities Act of 1933 directing the Securities and Exchange Commission to add a particular class of securities to those exempted under such Act to provide a deadline for such action

Bill summary: Amends the Securities Act of 1933 to set October 31, 2013, as the deadline for the Securities and Exchange Commission (SEC) to add a class of domestic securities to those already exempted from regulation under that Act in accordance with specified terms and conditions, including that: (1) the aggregate offering amount of all securities offered and sold within the prior 12-month period in reliance on the new exemption shall not exceed $50 million, (2) the securities may be offered and sold publicly, and (3) they shall not be restricted securities under federal securities laws and regulations.

Bill titles: To amend a provision of the Securities Act of 1933 directing the Securities and Exchange Commission to add a particular class of securities to those exempted under such Act to provide a deadline for such action.

Links for more info on the vote: congress.gov

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