House Bill 2627
118th Congress(2023-2024)
Increasing Investor Opportunities Act
Introduced
Introduced in House on Apr 13, 2023
Origin Chamber
House
Type
Bill
Bill
The primary form of legislative measure used to propose law. Depending on the chamber of origin, bills begin with a designation of either H.R. or S. Joint resolution is another form of legislative measure used to propose law.
Bill Number
2627
Congress
118
Policy Area
Finance and Financial Sector
Finance and Financial Sector
Primary focus of measure is U.S. banking and financial institutions regulation; consumer credit; bankruptcy and debt collection; financial services and investments; insurance; securities; real estate transactions; currency. Measures concerning financial crimes may fall under Crime and Law Enforcement. Measures concerning business and corporate finance may fall under Commerce policy area. Measures concerning international banking may fall under Foreign Trade and International Finance policy area.
No House votes have been held for this bill.
Summary
Increasing Investor Opportunities Act
This bill allows a closed-end fund—a portfolio of pooled assets with a limited number of shares traded on an exchange—to increase its investment in private investment funds.
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12/12/2023
Placed on the Union Calendar, Calendar No. 252.
12/12/2023
Reported (Amended) by the Committee on Financial Services. H. Rept. 118-312.
05/24/2023
Ordered to be Reported in the Nature of a Substitute (Amended) by the Yeas and Nays: 37 - 11.
05/24/2023
Committee Consideration and Mark-up Session Held
04/13/2023
Referred to the House Committee on Financial Services.
04/13/2023
Introduced in House
Public Record
Record Updated
Nov 8, 2024 7:26:56 PM