116th Congress > House > Vote 431

Date: July 09, 2019

Result: 417-2 (Passed)

Clerk session vote number: 432

Sponsor: STEIL, Bryan (R-WI)

Bill number: HR3050

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

Description: Expanding Investment in Small Businesses Act

Bill summary:

Expanding Investment in Small Businesses Act of 2019

This bill directs the Securities and Exchange Commission to report on (1) the limitiation on shares of an individual company that a diversified investment company may own, and (2) the limitation's impact on capital formation.

Bill titles: To require the Securities and Exchange Commission to carry out a study of the 10 per centum threshold limitation applicable to the definition of a diversified company under the Investment Company Act of 1940, and for other purposes.

Links for more info on the vote: congress.gov

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