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H.R. 6177 (115th): Developing and Empowering our Aspiring Leaders Act of 2018

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To require the Securities and Exchange Commission to revise the definitions of a qualifying portfolio company and a qualifying investment to include an emerging growth company and the equity securities of an emerging growth company, respectively, for purposes of the exemption from registration for venture capital fund advisers under the Investment Advisers Act of 1940.

The bill’s titles are written by its sponsor.

Sponsor and status

Trey Hollingsworth

Sponsor. Representative for Indiana's 9th congressional district. Republican.

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Last Updated: Aug 3, 2018
Length: 6 pages
Introduced
Jun 21, 2018
115th Congress (2017–2019)
Status
Died in a previous Congress

This bill was introduced on July 11, 2018, in a previous session of Congress, but it did not receive a vote.

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).

Source

Position statements

What legislators are saying

Bipartisan Leadership: House Passes 3 Huizenga Bills in Bipartisan JOBS and Investor Confidence Act
    — Rep. Bill Huizenga [R-MI4] on Jul 17, 2018

Come and Read It Report
    — Rep. Roger Williams [R-TX25] on Jul 16, 2018

Come and Read It Report
    — Rep. Roger Williams [R-TX25] on Jul 10, 2018

More statements at ProPublica Represent...

What stakeholders are saying

R Street Institute SpendingTracker.org estimates H.R. 6177 will add $1 million in new spending through 2023.

History

Jun 21, 2018
 
Introduced

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

Jul 11, 2018
 
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.

Aug 3, 2018
 
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. 6177 (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. 6177. 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. 6177 — 115th Congress: Developing and Empowering our Aspiring Leaders Act of 2018.” www.GovTrack.us. 2018. March 20, 2023 <https://www.govtrack.us/congress/bills/115/hr6177>

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.