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

Titles (3)

Short Titles

Short Titles - House of Representatives

Short Titles as Passed House

Expanding Investment in Small Businesses Act of 2019

Short Title(s) as Introduced

Expanding Investment in Small Businesses Act

Official Titles

Official Titles - House of Representatives

Official Title as Introduced

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.


Actions Overview (2)

Date Actions Overview
07/09/2019Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 2 (Roll no. 432).(text: CR H5283-5284)
05/30/2019Introduced in House

All Actions (10)

Date Chamber All Actions
07/10/2019SenateReceived in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
07/09/2019-7:10pmHouseMotion to reconsider laid on the table Agreed to without objection.
07/09/2019-7:10pmHouseOn motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 417 - 2 (Roll no. 432). (text: CR H5283-5284)
07/09/2019-7:01pmHouseConsidered as unfinished business. (consideration: CR H5288)
07/09/2019-6:01pmHouseAt the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.
07/09/2019-5:47pmHouseDEBATE - The House proceeded with forty minutes of debate on H.R. 3050.
07/09/2019-5:47pmHouseConsidered under suspension of the rules. (consideration: CR H5283-5285)
07/09/2019-5:47pmHouseMs. Waters moved to suspend the rules and pass the bill, as amended.
05/30/2019HouseReferred to the House Committee on Financial Services.
05/30/2019HouseIntroduced in House

Cosponsors (3)

* = Original cosponsor
CosponsorDate Cosponsored
Rep. Stivers, Steve [R-OH-15] 06/24/2019
Rep. Gonzalez, Vicente [D-TX-15] 07/09/2019
Rep. Taylor, Van [R-TX-3] 07/09/2019

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 Related Documents
House Financial Services05/30/2019 Referred to
Senate Banking, Housing, and Urban Affairs07/10/2019 Referred to

No related bill information was received for H.R.3050.


Latest Summary (2)

There are 2 summaries for H.R.3050. View summaries

Shown Here:
Passed House (07/09/2019)

Expanding Investment in Small Businesses Act of 2019

This bill directs the Securities and Exchange Commission to report on (1) the limitiation on shares of an individual company that a diversified investment company may own, and (2) the limitation's impact on capital formation.