US Congress House Bill 1105 (Prior Session Legislation)

---

Spectrum: Bipartisan Bill
Status: Engrossed on December 9 2013 - 50% progression, died in committee
Action: 2013-12-09 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

Small Business Capital Access and Job Preservation Act - Amends the Investment Advisers Act of 1940 to exempt private equity fund investment advisers from its registration and reporting requirements, provided that each private equity fund has not borrowed and does not have outstanding a principal amount exceeding twice its invested capital commitments. Directs the Securities and Exchange Commission (SEC) to promulgate final rules that: (1) require such investment advisers to maintain records the SEC determines necessary, taking into account fund size, governance, investment strategy, and risk; and (2) define the term "private equity fund" for purposes of this Act.

Small Business Capital Access and Job Preservation Act

Rep. Robert Hurt [R-VA]	Rep. Spencer Bachus [R-AL]	Rep. Jim Cooper [D-TN]	Rep. Scott Garrett [R-NJ]
Rep. James Himes [D-CT]	Rep. Randy Hultgren [R-IL]	Rep. Blaine Luetkemeyer [R-MO]	Rep. Jim Matheson [D-UT]
Rep. Mike McIntyre [D-NC]	Rep. Patrick Murphy [D-FL]	Rep. Collin Peterson [D-MN]	Rep. David Scott [D-GA]
Rep. Steve Stivers [R-OH]

2013-12-04 - House - On Passage (Y: 254 N: 159 NV: 18 Abs: 0) [PASS]
2013-12-04 - House - On Motion to Recommit with Instructions (Y: 185 N: 227 NV: 19 Abs: 0) [FAIL]
2013-12-04 - House - On Agreeing to the Amendment (Y: 186 N: 225 NV: 20 Abs: 0) [FAIL]

Date	Chamber	Action
2013-12-09	Senate	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2013-12-04	House	Motion to reconsider laid on the table Agreed to without objection.
2013-12-04	House	On passage Passed by recorded vote: 254 - 159 (Roll no. 622). (text: CR H7470)
2013-12-04	House	On motion to recommit with instructions Failed by recorded vote: 185 - 227 (Roll no. 621). (consideration: CR H7490)
2013-12-04	House	The previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H7489)
2013-12-04	House	Floor summary: DEBATE - The House proceeded with 10 minutes of debate on the Horsford motion to recommit with instructions. The instructions contained in the motion seek to report the same back to the House forthwith with an amendment to require that in order for a firm to qualify for exemption from Dodd-Franks registration and reporting requirement, it must provide investment advice for funds that do not own controlling interests in a company that outsources American jobs and publicly report the number of jobs eliminated each quarter at each company owned and controlled by the funds.
2013-12-04	House	Mr. Horsford moved to recommit with instructions to Financial Services. (consideration: CR H7488; text: CR H7488)
2013-12-04	House	H.AMDT.519 On agreeing to the Maloney, Carolyn amendment (A002) Failed by the Yeas and Nays: 186 - 225 (Roll no. 620). (consideration: CR H7487-7488)
2013-12-04	House	H.AMDT.519 The previous question was ordered on the amendment (A002) pursuant to the rule. (consideration: CR H7487)
2013-12-04	House	DEBATE - Pursuant to the provisions of H.Res. 429, the House proceeded with 10 minutes of debate on the Carolyn Maloney amendment.
2013-12-04	House	H.AMDT.519 Amendment (A002) offered by Mrs. Maloney, Carolyn. (consideration: CR H7486-7488; text: CR H7486)Amendment sought to require private equity fund advisers to register with the SEC and sought to direct the SEC to create a simplified registration and disclosure regime for small private equity fund advisers.
2013-12-04	House	DEBATE - The House proceeded with one hour of debate on H.R. 1105.
2013-12-04	House	For H.R. 3309, resolution provides one hour of general debate; bill is considered read; specified amendments are in order; and one motion to recommit, with or without instructions. For H.R. 1105, resolution provides that an amendment in the nature of a substitute consisting of the text of Rules Committee print 113-29 shall be considered as adopted; one hour of debate; makes in order an additional specified amendment; and one motion to recommit, with or without instructions.
2013-12-04	House	Considered under the provisions of rule H. Res. 429. (consideration: CR H7470-7491)
2013-12-04	House	Rule H. Res. 429 passed House.
2013-12-03	House	Rules Committee Resolution H. Res. 429 Reported to House. For H.R. 3309, resolution provides one hour of general debate; bill is considered read; specified amendments are in order; and one motion to recommit, with or without instructions. For H.R. 1109, resolution provides that an amendment in the nature of a substitute consisting of the text of Rules Committee print 113-29 shall be considered as adopted; one hour of debate; makes in order an additional specified amendment; and one motion to recommit, with or without instructions.
2013-11-22	House	Placed on the Union Calendar, Calendar No. 197.
2013-11-22	House	Reported by the Committee on Financial Services. H. Rept. 113-276.
2013-06-19	House	Ordered to be Reported by the Yeas and Nays: 38 - 18.
2013-06-19	House	Committee Consideration and Mark-up Session Held.
2013-05-23	House	Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
2013-03-13	House	Referred to the House Committee on Financial Services.

HR429 (Related) 2013-12-04 - Motion to reconsider laid on the table Agreed to without objection.
HB4304 (Related) 2014-06-13 - Referred to the Subcommittee on Health, Employment, Labor, and Pensions.
HB4 (Related) 2014-11-13 - Read the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 597.

Type	Source
Summary	https://www.congress.gov/bill/113th-congress/house-bill/1105/all-info
Text	https://www.congress.gov/113/bills/hr1105/BILLS-113hr1105ih.pdf
Text	https://www.congress.gov/113/bills/hr1105/BILLS-113hr1105rh.pdf
Text	https://www.congress.gov/113/bills/hr1105/BILLS-113hr1105eh.pdf
Roll Call	https://clerk.house.gov/Votes/2013620
Roll Call	https://clerk.house.gov/Votes/2013621
Roll Call	https://clerk.house.gov/Votes/2013622