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H.R. 79: HALOS Act

About the bill

Source: Republican Policy Committee

H.R. 79 amends the Securities Act of 1933 to clarify that certain startup companies are able to give presentations about their company and host certain types of events, like a “demo day,” without violating certain SEC investment solicitation bans. The bill attempts to ensure that startup companies do not inadvertently violate SEC regulations governing general solicitation of potential investors.

Sponsor and status

Steve Chabot

Sponsor. Representative for Ohio's 1st congressional district. Republican.

Read Text »
Last Updated: Jan 11, 2017
Length: 5 pages

Jan 3, 2017


Passed House (Senate next) on Jan 10, 2017

This bill passed in the House on January 10, 2017 and goes to the Senate next for consideration.


24% chance of being enacted according to Skopos Labs (details)


Jan 3, 2017

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

Jan 10, 2017
Passed House (Senate next)

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

Passed Senate

Signed by the President

H.R. 79 is 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.

How to cite this information.

We recommend the following MLA-formatted citation when using the information you see here in academic work:

“H.R. 79 — 115th Congress: HALOS Act.” 2017. March 21, 2018 <>

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, the official portal of the United States Congress. is generally updated one day after events occur, and so legislative activity shown here may be one day behind. Data via the congress project.