To amend the Securities Act of 1933 to codify certain qualifications of individuals as accredited investors for purposes of the securities laws.
The bill’s titles are written by its sponsor.
Sponsor and status
115th Congress (2017–2019)
This bill was introduced in a previous session of Congress and was passed by the House on November 1, 2017 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).
11 Cosponsors (7 Republicans, 4 Democrats)
Position statements
What legislators are saying
“Rep. Schweikert Statement on Passage of the JOBS and Investor Confidence Act of 2018.”
—
Rep. David Schweikert [R-AZ1]
(Sponsor)
on Jul 18, 2018
“House Passes Sinema-Sponsored Legislation to Increase Access to Capital for Arizona Businesses”
—
Sen. Kyrsten Sinema [I-AZ]
(Co-sponsor)
on Nov 1, 2017
“THIS WEEK IN CONGRESS - November 3, 2017”
—
Rep. Gregorio Sablan [D-MP]
on Nov 6, 2017
History
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Feb 1, 2016
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Earlier Version —
Passed House (Senate next)
This activity took place on a related bill, H.R. 2187 (114th). |
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Mar 16, 2017
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Introduced
Bills and resolutions are referred to committees which debate the bill before possibly sending it on to the whole chamber. |
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Oct 11, 2017
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Considered by House Committee on Financial Services
A committee held a hearing or business meeting about the bill.
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Oct 12, 2017
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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. |
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Oct 31, 2017
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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. |
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Nov 1, 2017
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Passed House (Senate next)
The bill was passed in a vote in the House. It goes to the Senate next. The vote was by voice vote so no record of individual votes was made. |
H.R. 1585 (115th) 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. 1585. This is the one from the 115th Congress.
This bill was introduced in the 115th Congress, which met from Jan 3, 2017 to Jan 3, 2019. 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. 1585 — 115th Congress: Fair Investment Opportunities for Professional Experts Act.” www.GovTrack.us. 2017. March 30, 2023 <https://www.govtrack.us/congress/bills/115/hr1585>
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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.
