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H.R. 4854 (114th): Supporting America’s Innovators Act of 2016

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To amend the Investment Company Act of 1940 to expand the investor limitation for qualifying venture capital funds under an exemption from the definition of an investment company.

The bill’s titles are written by its sponsor.

Sponsor and status

Patrick McHenry

Sponsor. Representative for North Carolina's 10th congressional district. Republican.

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Last Updated: Jul 6, 2016
Length: 2 pages
Introduced
Mar 23, 2016
114th Congress (2015–2017)
Status
Died in a previous Congress

This bill was introduced in a previous session of Congress and was passed by the House on July 5, 2016 but was never passed by the Senate.

Although this bill was not enacted, its provisions could have become law by being included in another bill. It is common for legislative text to be introduced concurrently in multiple bills (called companion bills), re-introduced in subsequent sessions of Congress in new bills, or added to larger bills (sometimes called omnibus bills).

Cosponsors

1 Cosponsor (1 Republican)

Source

Position statements

What legislators are saying

McHenry on Passage of the Creating Financial Prosperity for Businesses & Investors Act
    — Rep. Patrick McHenry [R-NC10] (Sponsor) on Dec 5, 2016

Tipton Supports Package of Bipartisan Legislation to Support Small Business, Grow the Economy
    — Rep. Scott Tipton [R-CO3, 2011-2020] on Dec 7, 2016

McHenry Crowdfunding, Angel Investing Bills Pass House
    — Rep. Patrick McHenry [R-NC10] (Sponsor) on Jul 5, 2016

More statements at ProPublica Represent...

History

Mar 23, 2016
 
Introduced

Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber.

Jun 15, 2016
 
Considered by House Committee on Financial Services

A committee held a hearing or business meeting about the bill.

Jun 16, 2016
 
Ordered Reported

A committee has voted to issue a report to the full chamber recommending that the bill be considered further. Only about 1 in 4 bills are reported out of committee.

Jul 5, 2016
 
Passed House (Senate next)

The bill was passed in a vote in the House. It goes to the Senate next.

Jul 5, 2016
 
Reported by House Committee on Financial Services

A committee issued a report on the bill, which often provides helpful explanatory background on the issue addressed by the bill and the bill's intentions.

H.R. 4854 (114th) was a 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.

Bills numbers restart every two years. That means there are other bills with the number H.R. 4854. This is the one from the 114th Congress.

This bill was introduced in the 114th Congress, which met from Jan 6, 2015 to Jan 3, 2017. Legislation not passed by the end of a Congress is cleared from the books.

How to cite this information.

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“H.R. 4854 — 114th Congress: Supporting America’s Innovators Act of 2016.” www.GovTrack.us. 2016. September 19, 2021 <https://www.govtrack.us/congress/bills/114/hr4854>

Where is this information from?

GovTrack automatically collects legislative information from a variety of governmental and non-governmental sources. This page is sourced primarily from Congress.gov, the official portal of the United States Congress. Congress.gov is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.