United States 119th Congress Status: In Committee Bipartisan · 2 R · 2 D cosponsors

S 2906 — Expanding American Entrepreneurship Act

Last action — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

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

This bill is in committee in the Senate. Introduced September 18, 2025. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the Senate.

Prognosis

Advancing 38% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 4 sponsors

    1 primary, 3 co-sponsors signed on.

  • Bipartisan support

    Sponsored across 2 parties (2 R · 2 D) — cross-party backing.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Bill Text

How this bill changes current law

2 changes Share ↗

AI-generated reading aid from the bill's amendatory text — verify against the official bill.

The bill increases the thresholds for the number of persons and the amount of assets under management for certain entities to qualify as non-investment companies under the Investment Company Act of 1940.

  • 15 U.S.C. 80a-3(c)(1)

    250 persons → 500 persons

    This change raises the maximum number of persons allowed for an entity to qualify as not being an investment company from 250 to 500.

  • 15 U.S.C. 80a-3(c)(1)

    $10,000,000 → $50,000,000

    This change increases the asset threshold for an entity to qualify as a non-investment company from $10 million to $50 million.

Action History

  1. Introduced in Senate

  2. Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Sponsors

Sponsorship breakdown

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1 sponsors · 3 co-sponsors · 543 not signed on

Sponsors (1)

Co-sponsors (3)

Not signed on (543)

543 members have not signed on to this bill.

Show all 543 →

"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 labor
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

Who sponsors S 2906?
S 2906 is sponsored by Moran, Jerry (Republican), Warner, Mark R. (Democratic), Scott, Tim (Republican), and Gallego, Ruben (Democratic).
What is the current status of S 2906?
This bill is in committee in the Senate. Introduced September 18, 2025. It must pass committee before a floor vote.
Where can I track S 2906?
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Last checked for changes 3 months ago · updated continuously

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