About the bill
H.R. 4279 directs the Securities and Exchange Commission (SEC) to amend its rules to enable closed-end funds that meet certain requirements to be considered “well-known seasoned issuers” (WKSIs) and to conform the filing and offering regulations for closed-end funds to those of traditional operating companies—which will simplify the registration process and enable these funds to more easily provide information to investors.
Closed-end funds are types of investment companies whose shares are listed on a stock exchange or are traded in the over-the-counter market. A registered closed-end fund is created by issuing a fixed number of common shares to investors during an initial public offering. Closed-end funds are important retirement savings and investment vehicles for retail investors. They can enhance income and cash flow and help promote job creation ...
Sponsor and status
115th Congress (2017–2019)
Provisions of this bill were incorporated into other bills which were enacted.
This bill was incorporated into:
Position statements
History
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Nov 7, 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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Nov 14, 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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Nov 15, 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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Jan 16, 2018
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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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Jan 17, 2018
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Passed House (Senate next)
The bill was passed in a vote in the House. It goes to the Senate next. |
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Mar 14, 2018
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Final Bill —
Passed Senate (House next)
This activity took place on a related bill, S. 2155 (115th), possibly in lieu of similar activity on H.R. 4279 (115th). |
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May 22, 2018
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Final Bill —
Passed House
This activity took place on a related bill, S. 2155 (115th), possibly in lieu of similar activity on H.R. 4279 (115th). |
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May 24, 2018
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Final Bill —
Enacted — Signed by the President
This activity took place on a related bill, S. 2155 (115th), possibly in lieu of similar activity on H.R. 4279 (115th). |
H.R. 4279 (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. 4279. 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 enacted by the end of a Congress is cleared from the books.
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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.
