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Titles Actions Overview All Actions Cosponsors Committees Related Bills Subjects Latest Summary All Summaries

Titles (4)

Short Titles

Short Titles - House of Representatives

Short Titles as Passed House

Access to Capital for Job Creators Act

Short Titles as Reported to House

Access to Capital for Job Creators Act

Short Titles as Introduced

Access to Capital for Job Creators Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To direct the Securities and Exchange Commission to eliminate the prohibition against general solicitation as a requirement for a certain exemption under Regulation D.


Actions Overview (3)

Date Actions Overview
11/03/2011Passed/agreed to in House: On passage Passed by recorded vote: 413 - 11 (Roll no. 828).(text: CR H7289)
10/31/2011Reported (Amended) by the Committee on Financial Services. H. Rept. 112-263.
09/15/2011Introduced in House

All Actions (30)

Date Chamber All Actions
11/08/2011SenateRead the second time. Placed on Senate Legislative Calendar under General Orders. Calendar No. 225.
11/07/2011SenateReceived in the Senate. Read the first time. Placed on Senate Legislative Calendar under Read the First Time.
11/03/2011-6:54pmHouseMotion to reconsider laid on the table Agreed to without objection.
11/03/2011-6:54pmHouseThe Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 2930.
11/03/2011-6:54pmHouseThe Clerk was authorized to correct section numbers, punctuation, and cross references, and to make other necessary technical and conforming corrections in the engrossment of H.R. 2940.
11/03/2011-6:54pmHouseOn passage Passed by recorded vote: 413 - 11 (Roll no. 828). (text: CR H7289)
11/03/2011-6:47pmHouseOn motion to recommit with instructions Failed by recorded vote: 190 - 236 (Roll no. 827). (consideration: CR H7313)
11/03/2011-6:32pmHouseThe previous question on the motion to recommit with instructions was ordered without objection. (consideration: CR H7313)
11/03/2011-6:25pmHouseDEBATE - The House proceeded with 10 minutes of debate on the DeFazio motion to recommit with instructions. The instructions contained in the motion seek to require the bill to be reported back to the House with an amendment to prohibit those who have been convicted of fraud in connection with a financial transaction.
11/03/2011-6:24pmHouseMr. DeFazio moved to recommit with instructions to Financial Services. (consideration: CR H7312; text: CR H7312)
11/03/2011-6:24pmHouseH.Amdt.849 On agreeing to the Miller (NC) amendment (A002) Failed by the Yeas and Nays: 190 - 234 (Roll no. 826).
11/03/2011-6:17pmHouseConsidered as unfinished business. (consideration: CR H7311-7314)
11/03/2011-3:43pmHousePOSTPONED PROCEEDINGS - At the conclusion of debate on the Miller (NC) amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Mr. Miller (NC) demanded a recored vote and the Chair postponed further proceedings on the amendment under clause 8(a)(1)(A) of rule XX.
11/03/2011-3:36pmHouseDEBATE - Pursuant to the provisions of H. Res. 453, the House proceeded with 10 minutes of debate on the Miller (NC) Part B amendment.
11/03/2011-3:36pmHouseH.Amdt.849 Amendment (A002) offered by Mr. Miller (NC). (consideration: CR H7294-7295, H7311-7312; text: CR H7294)
11/03/2011-2:56pmHouseDEBATE - The House proceeded with one hour of debate on H.R. 2940.
11/03/2011-2:55pmHousePrevious question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. The resolution provides that the amendments in the nature of a substitute recommended by the Committee on Financial Services now printed in each of the bills are considered adopted. The bills, as amended, are considered read. Specified amendments are in order.
11/03/2011-2:55pmHouseConsidered under the provisions of rule H. Res. 453. (consideration: CR H7289-7295)
11/03/2011-2:42pmHouseRule H. Res. 453 passed House.
11/02/2011-4:00pmHouseRules Committee Resolution H. Res. 453 Reported to House. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions. The resolution provides that the amendments in the nature of a substitute recommended by the Committee on Financial Services now printed in each of the bills are considered adopted. The bills, as amended, are considered read. Specified amendments are in order.
10/31/2011HousePlaced on the Union Calendar, Calendar No. 176.
10/31/2011HouseReported (Amended) by the Committee on Financial Services. H. Rept. 112-263.
10/26/2011HouseOrdered to be Reported by Voice Vote.
Action By: Committee on Financial Services
10/26/2011HouseCommittee Consideration and Mark-up Session Held.
Action By: Committee on Financial Services
10/05/2011HouseForwarded by Subcommittee to Full Committee (Amended) by Voice Vote .
Action By: House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises
10/05/2011HouseSubcommittee Consideration and Mark-up Session Held.
Action By: House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises
10/04/2011HouseReferred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.
Action By: Committee on Financial Services
09/21/2011HouseHearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.
Action By: House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises
09/15/2011HouseReferred to the House Committee on Financial Services.
09/15/2011HouseIntroduced in House

Cosponsors (2)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Dold, Robert J. [R-IL-10] 10/04/2011
Rep. Hayworth, Nan A. S. [R-NY-19] 10/04/2011

Committees (1)

Committees, subcommittees and links to reports associated with this bill are listed here, as well as the nature and date of committee activity and Congressional report number.

Committee / Subcommittee Date Activity Reports
House Financial Services09/15/2011 Referred to
10/26/2011 Markup by
10/31/2011 Reported by H. Rept. 112-263
House Financial Services Subcommittee on Capital Markets and Government Sponsored Enterprises10/04/2011 Referred to
09/21/2011 Hearings by
10/05/2011 Markup by
10/05/2011 Reported by

A related bill may be a companion measure, an identical bill, a procedurally-related measure, or one with text similarities. Bill relationships are identified by the House, the Senate, or CRS, and refer only to same-congress measures.


Subjects (6)


Latest Summary (3)

There are 3 summaries for H.R.2940. View summaries

Shown Here:
Passed House amended (11/03/2011)

(This measure has not been amended since it was reported by the House on October 31, 2011. The summary of that version is repeated here.)

Access to Capital for Job Creators Act - Amends the Securities Act of 1933 to exempt from specified prohibitions relating to interstate commerce and the mails any transactions by an issuer that do not involve a public offering (as under current law), whether or not such transactions involve general solicitation or general advertising.

Directs the Securities and Exchange Commission (SEC) to revise rules governing an exemption from public offering requirements for limited offers and sales without regard to the dollar amount of the offering (Regulation D), so as to provide that a specified prohibition against general solicitation or general advertising does not apply to offers and sales of securities made pursuant to Regulation D if all purchasers of the securities are accredited investors. Requires such rules to require the issuer to take reasonable steps to verify that purchasers of the securities are accredited investors, using methods determined by the SEC.