Bill Text — Jan 3, 2013
This bill’s text is now available.
Jun 8, 2012
112th Congress, 2011–2013
This bill was introduced on June 8, 2012, in a previous session of Congress, but was not enacted.
Representative for New York's 12th congressional district
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Last Updated: Jun 8, 2012
Length: 6 pages
To amend the Investment Company Act of 1940 to change the asset coverage ratio and treatment of preferred stock for business development companies, to allow business development companies to purchase, otherwise acquire, or hold certain securities, and to direct the Securities and Exchange Commission to revise rules under the Securities Act of 1933 relating to business development companies.
Legislative action may be ocurring on one of these bills in lieu of or in parallel to action on this bill.
Referred to Committee
Last Action: Jan 3, 2013
The “H.R.” in “H.R. 5929” means this is a House of Representatives bill in the United States Congress. A bill must be passed by both the House and Senate in identical form and then be signed by the President to become law.
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Civic Impulse. (2015). H.R. 5929 — 112th Congress: Next Steps for Credit Availability Act. Retrieved from https://www.govtrack.us/congress/bills/112/hr5929
“H.R. 5929 — 112th Congress: Next Steps for Credit Availability Act.” www.GovTrack.us. 2012. August 1, 2015 <https://www.govtrack.us/congress/bills/112/hr5929>
|title=H.R. 5929 (112th)
|accessdate=August 1, 2015
|author=112th Congress (2012)
|date=June 8, 2012
|quote=Next Steps for Credit Availability Act