United States 115th Congress Status: Passed House 1 R cosponsors

HRES 242 — Providing for consideration of the bill (H.R. 1219) to amend the Investment Company Act of 1940 to expand the investor limitation for qualifying venture capital funds under an exemption from the definition of an investment company, and providing for proceedings during the period from April 7, 2017, through April 24, 2017.

Last action — Motion to reconsider laid on the table Agreed to without objection.

  1. ✓
    Introduced
  2. ✓
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill died with 115th Congress. It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.

This bill is no longer active — its legislative session has ended, so there are no live odds of enactment. It would have to be reintroduced in the current session to move again.

Bill Text

What changed in the latest version

30 added · 66 removed

Plain-language change summary

The updated version of H. Res. 242 includes specific details about the legislative process for bill H.R. 1219, such as waiving all points of order against its consideration and provisions. It also specifies that the bill will be treated as read and allows for one hour of debate as well as one motion to recommit. Additionally, it provides that during the period from April 7, 2017, through April 24, 2017, the Journal of the previous day's proceedings will be considered approved and allows the Chair to declare adjournment. These changes clarify the conditions under which the bill will be considered and streamline the legislative process.

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242 Reported in House (RH)] <DOC> House Calendar No.
242 Engrossed in House (EH)] <DOC> H.
34 115th CONGRESS 1st Session H.
Res.
RES.
242 In the House of Representatives, U.
242 [Report No.
S., April 5, 2017.
115-77] Providing for consideration of the bill (H.R.
1219) to amend the Investment Company Act of 1940 to expand the investor limitation for qualifying venture capital funds under an exemption from the definition of an investment company, and providing for proceedings during the period from April 7, 2017, through April 24, 2017.
_______________________________________________________________________ IN THE HOUSE OF REPRESENTATIVES April 3, 2017 Mr.
Buck, from the Committee on Rules, reported the following resolution;
which was referred to the House Calendar and ordered to be printed _______________________________________________________________________ RESOLUTION Providing for consideration of the bill (H.R.
1219) to amend the Investment Company Act of 1940 to expand the investor limitation for qualifying venture capital funds under an exemption from the definition of an investment company, and providing for proceedings during the period from April 7, 2017, through April 24, 2017.
Each day during the period addressed by section 2 of this resolution shall not constitute a calendar day for purposes of section of the War Powers Resolution (50 U.S.C.
Each day during the period addressed by section 2 of this resolution shall not constitute a calendar day for purposes of section 7 of the War Powers Resolution (50 U.S.C.
House Calendar No.
Attest:
34 115th CONGRESS 1st Session H.
Clerk.
RES.
242 [Report No.
115-77] _______________________________________________________________________ RESOLUTION Providing for consideration of the bill (H.R.
1219) to amend the Investment Company Act of 1940 to expand the investor limitation for qualifying venture capital funds under an exemption from the definition of an investment company, and providing for proceedings during the period from April 7, 2017, through April 24, 2017.
_______________________________________________________________________ April 3, 2017 Referred to the House Calendar and ordered to be printed
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Action History

  1. Introduced in House

  2. The House Committee on Rules reported an original measure, H. Rept. 115-77, by Mr. Buck.

  3. The House Committee on Rules reported an original measure, H. Rept. 115-77, by Mr. Buck.

  4. The resolution provides for one motion to recommit; and providing for proceedings during the period from April 7, 2017 through April 24, 2017

  5. Placed on the House Calendar, Calendar No. 34.

  6. Considered as privileged matter. (consideration: CR H2708-2715)

  7. DEBATE - The House proceeded with one hour of debate on H. Res. 242.

  8. POSTPONED PROCEEDINGS - At the conclusion of debate on H.Res. 242, the Chair put the question on ordering the previous question and by voice vote announced that the ayes had prevailed. Mr. McGovern demanded the yeas and nays and the Chair postponed further proceedings on ordering the previous question until later in the legislative day.

  9. Considered as unfinished business. (consideration: CR H2720-2722)

  10. On ordering the previous question Agreed to by the Yeas and Nays: 231 - 182 (Roll no. 217). (consideration: CR H2720-2721)

  11. Passed/agreed to in House: On agreeing to the resolution Agreed to by recorded vote: 240 - 181 (Roll no. 218).(text: CR H2708)

  12. On agreeing to the resolution Agreed to by recorded vote: 240 - 181 (Roll no. 218). (text: CR H2708)

  13. Motion to reconsider laid on the table Agreed to without objection.

Sponsors

Sponsorship breakdown

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1 sponsors · 0 co-sponsors · 546 not signed on

Sponsors (1)

Co-sponsors (0)

None.

Not signed on (546)

546 members have not signed on to this bill.

Show all 546 →

"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

finance
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Frequently asked questions

Who sponsors HRES 242?
HRES 242 is sponsored by Buck, Ken (Republican).
What is the current status of HRES 242?
This bill died with 115th Congress. It reached “Passed House” and never advanced before the session ended, so it can no longer move — a new version would have to be reintroduced in the current session.
Where can I track HRES 242?
Track HRES 242 free on One Click Politics — get push/email alerts when it moves.

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