H.R.2930 - Entrepreneur Access to Capital Act

To amend the securities laws to provide for registration exemptions for certain crowdfunded securities, and for other purposes. view all titles (4)

All Bill Titles

  • Short: Entrepreneur Access to Capital Act as introduced.
  • Official: To amend the securities laws to provide for registration exemptions for certain crowdfunded securities, and for other purposes. as introduced.
  • Short: Entrepreneur Access to Capital Act as reported to house.
  • Short: Entrepreneur Access to Capital Act as passed house.

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Latest Amendment Status Purpose View All Amendments [6]
 
H.Amdt850 Pass An amendment numbered 1 printed in Part A of House Report 112-265 to make technical corrections. It also requires the issuer to state a target offering amount and a deadline to reach the target offering amount. It requires that the Securities and Exchange Commission is provided a notice upon completion of the offering, which shall include the aggregate offering amount and the number of purchasers. Clarifies the disqualification provision to ensure that both issuers and intermediaries, as well as their predecessors, affiliates, officers, directors, or persons fulfilling similar roles, are disqualified from the exemption established in this bill should they have a history of committing securities fraud.
H.Amdt851 Pass An amendment numbered 2 printed in Part A of House Report 112-265 to index to inflation the $1 million and $2 million aggregate annual amounts raised through the issue of the securities as authorized in the bill. The index for inflation would be measured by the annual change in the Consumer Price Index for All Urban Consumers published by the Bureau of Labor Statistics.
H.Amdt852 Pass An amendment numbered 3 printed in Part A of House Report 112-265 to index the $10,000 individual investment cap to inflation.
Latest Actions View All Actions [38]
 
Sep 14th
Sep 14thReferred to the House Committee on Financial Services.
Sep 21stHearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.

Latest Vote

Result: Passed - November 03, 2011

Roll call number 825 in the House

Question: On Passage: H R 2930 To amend the securities laws to provide for registration exemptions for certain crowdfunded securities, and for other purposes

Required percentage of 'Aye' votes: 1/2 (50%)
Percentage of 'aye' votes: 93%
 

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