legislation: 95-hr-13765

Congressional bills and resolutions from Congress.gov, filtered to policy areas relevant to environmental, health, agriculture, and wildlife regulation.

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bill_id congress bill_type bill_number title policy_area introduced_date latest_action_date latest_action_text origin_chamber sponsor_name sponsor_state sponsor_party sponsor_bioguide_id cosponsor_count summary_text update_date url
95-hr-13765 95 hr 13765 A bill to amend the Securities Act of 1933 and the Investment Company Act of 1940 to encourage investment in small business concerns. Commerce 1978-08-07 1978-08-07 Referred to House Committee on Interstate and Foreign Commerce. House Rep. Broyhill, James T. [R-NC-10] NC R B000966 1 Amends the Securities Act of 1933 to require issuers of securities to report only material information to offerees with respect to transactions not involving a public offering. Limits the rulemaking power of the Securities and Exchange Commission in order to prevent the disqualification of certain affiliates of issuers and sellers of restricted securities from the exemption from registration requirements allowed for persons not engaged in the distribution of securities. Exempts a security seller who makes a good faith attempt not to involve any public offering in a transaction from liability to a purchaser. Increases the small offering exemption from $500,000 to $3,000,000. Exempts small business investment companies licensed under the Small Business Investment Act of 1958 from the terms of the Investment Company Act of 1940. 2024-08-01T20:06:43Z  

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