HR3673Referred to Committee
Small Business Investor Capital Access Act
Introduced
In Committee
3
Passed One Chamber4
Passed Both5
Signed into Law119th
Congress
2025-06-03
Introduced
1
Cosponsors
HR
ⓘType
Sponsor
Andy Barr
Republican · KY · Representative
Votes with party: 98.9% (625 recorded votes)
Full profile: /officials/B001282
Source: Congress.gov · FEC
Cosponsors (1)
Members who have signed on to support this bill since introduction. Source: Congress.gov.
Latest Action
The most recent step in the bill's legislative path. Committee Activity below shows referrals and reports; the full action-by-action history including floor proceedings lives at Congress.gov →
Committee Activity
Currently in
- House Committee on Financial ServicesReported By · 2025-09-08
Previously
- House Committee on Financial ServicesMarkup By · 2025-07-22
- House Committee on Financial ServicesReferred To · 2025-06-03
Plain-English Summary
Small Business Investor Capital Access Act This bill requires the Securities and Exchange Commission (SEC) to adjust annually for inflation the dollar threshold of an exemption from registration requirements for investment advisors of private funds. Currently, investment advisors of private funds of less than $150 million in assets under management are exempt. The bill requires the SEC to adjust that amount annually based on the change in the Consumer Price Index.
Plain-English rewrite of the Congressional Research Service summary published on Congress.gov. Cached and reviewed.
Subjects
Finance and Financial Sector
Full bill text is not yet cached locally.
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