skip to main content

H.R. 3050: Expanding Investment in Small Businesses Act of 2019

Call or Write Congress

To require the Securities and Exchange Commission to carry out a study of the 10 per centum threshold limitation applicable to the definition of a diversified company under the Investment Company Act of 1940, and for other purposes.

The bill’s titles are written by its sponsor.

Sponsor and status

Bryan Steil

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

Read Text »
Last Updated: Jul 10, 2019
Length: 4 pages
May 30, 2019
116th Congress (2019–2021)

Passed House (Senate next) on Jul 9, 2019

This bill passed in the House on July 9, 2019 and goes to the Senate next for consideration.

3% chance of being enacted according to Skopos Labs (details)


May 30, 2019

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

Jul 9, 2019
Passed House (Senate next)

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

If this bill has further action, the following steps may occur next:
Passed Senate

Signed by the President

H.R. 3050 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.

Bills numbers restart every two years. That means there are other bills with the number H.R. 3050. This is the one from the 116th Congress.

How to cite this information.

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

“H.R. 3050 — 116th Congress: Expanding Investment in Small Businesses Act of 2019.” 2019. November 24, 2020 <>

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.