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

Titles (5)

Short Titles

Short Titles - House of Representatives

Short Titles as Passed House

HALOS Act
Helping Angels Lead Our Startups Act

Short Titles as Introduced

HALOS Act
Helping Angels Lead Our Startups Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

To clarify the definition of general solicitation under Federal securities law.


Actions Overview (2)

Date
01/10/2017Passed/agreed to in House: On passage Passed by the Yeas and Nays: 344 - 73 (Roll no. 31).
01/03/2017Introduced in House

All Actions (27)

Date Chamber
01/11/2017SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
01/10/2017-5:57pmHouseMotion to reconsider laid on the table Agreed to without objection.
01/10/2017-5:57pmHouseOn passage Passed by the Yeas and Nays: 344 - 73 (Roll no. 31).
01/10/2017-5:49pmHouseThe previous question was ordered pursuant to the rule.
01/10/2017-5:48pmHouseThe House rose from the Committee of the Whole House on the state of the Union to report H.R. 79.
01/10/2017-5:48pmHouseH.Amdt.15 On agreeing to the Clay amendment Failed by recorded vote: 163 - 253 (Roll no. 30).
01/10/2017-5:43pmHouseH.Amdt.14 On agreeing to the Velazquez amendment (A001) Failed by recorded vote: 167 - 249 (Roll no. 29).
01/10/2017-5:20pmHouseThe House resolved into Committee of the Whole House on the state of the Union for further consideration.
01/10/2017-5:20pmHouseConsidered as unfinished business. (consideration: CR H280-283)
01/10/2017-3:16pmHouseCommittee of the Whole House on the state of the Union rises leaving H.R. 79 as unfinished business.
01/10/2017-3:16pmHouseOn motion that the Committee rise Agreed to by voice vote.
01/10/2017-3:15pmHouseMr. Huizenga moved that the Committee rise.
01/10/2017-3:14pmHousePOSTPONED PROCEEDINGS - At the conclusion of debate on the Clay amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Mr. Clay demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
01/10/2017-3:07pmHouseDEBATE - Pursuant to the provisions of H.Res. 33, the Committee of the Whole proceeded with 10 minutes of debate on the Clay Part B amendment No. 2.
01/10/2017-3:07pmHouseH.Amdt.15 Amendment (A002) offered by Mr. Clay. (consideration: CR H265-266, H281-282; text: CR H265)
01/10/2017-3:07pmHousePOSTPONED PROCEEDINGS - At the conclusion of debate on the Velazquez amendment, the Chair put the question on adoption of the amendment and by voice vote announced that the noes had prevailed. Ms. Velazquez demanded a recorded vote and the Chair postponed further proceedings on the question of adoption of the amendment until a time to be announced.
01/10/2017-2:57pmHouseDEBATE - Pursuant to the provisions of H.Res. 33, the Committee of the Whole proceeded with 10 minutes of debate on the Velazquez Part B amendment No. 1.
01/10/2017-2:57pmHouseH.Amdt.14 Amendment (A001) offered by Ms. Velazquez. (consideration: CR H264-265, H280-281; text: CR H264)
01/10/2017-2:09pmHouseGENERAL DEBATE - The Committee of the Whole proceeded with one hour of general debate on H.R. 79.
01/10/2017-2:08pmHouseThe Speaker designated the Honorable Mike Bost to act as Chairman of the Committee.
01/10/2017-2:08pmHouseHouse resolved itself into the Committee of the Whole House on the state of the Union pursuant to H. Res. 33 and Rule XVIII.
01/10/2017-2:07pmHouseThe resolution provides for both bills to be considered under a structured rule for one hour of general debate. The resolution also provides one motion to recommit with or without instructions on both H.R. 5 and H.R. 79.
01/10/2017-2:07pmHouseConsidered under the provisions of rule H. Res. 33. (consideration: CR H259-266; text of measure as reported in House: CR H264)
01/10/2017-1:58pmHouseRule H. Res. 33 passed House.
01/09/2017-7:12pmHouseRules Committee Resolution H. Res. 33 Reported to House. The resolution provides for both bills to be considered under a structured rule for one hour of general debate. The resolution also provides one motion to recommit with or without instructions on both H.R. 5 and H.R. 79.
01/03/2017HouseReferred to the House Committee on Financial Services.
01/03/2017HouseIntroduced in House

Committees (2)

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 Services01/03/2017 Referred to
Senate Banking, Housing, and Urban Affairs01/11/2017 Referred to

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.


Latest Summary (2)

There are 2 summaries for H.R.79. View summaries

Shown Here:
Passed House without amendment (01/10/2017)

(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)

Helping Angels Lead Our Startups Act or the HALOS Act

(Sec. 3) This bill directs the Securities and Exchange Commission (SEC) to revise Regulation D, which exempts certain offerings from SEC registration requirements but prohibits general solicitation or general advertising with respect to such offerings. Specifically, this prohibition shall not apply to events with specified kinds of sponsors -- including "angel investor groups" unconnected to broker-dealers or investment advisers -- where presentations or communications are made by or on behalf of an issuer, but:

  • the advertising does not refer to any specific offering of securities by the issuer;
  • the sponsor does not provide investment recommendation or advice to attendees, engage in investment negotiations with attendees, charge certain fees, or receive certain compensation; and
  • no specific information regarding a securities offering is communicated beyond the type and amount of securities being offered, the amount of securities already subscribed for, and the intended use of proceeds from the offering.