United States 112th Congress Status: Died 1 R cosponsors

HR 1082 — Small Business Capital Access and Job Preservation Act

Last action — Placed on the Union Calendar, Calendar No. 91.

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  1. ✓
    Introduced
  2. Died in session

This bill died with 112th Congress. It reached “Introduced” 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This bill is no longer active — its legislative session has ended, so there is no live prognosis. It would have to be reintroduced in the current session to move again.

Summary

Small Business Capital Access and Job Preservation Act - Amends the Investment Advisers Act of 1940 to exempt private equity fund investment advisers from its registration and reporting requirements, provided that each private equity fund has not borrowed and does not have outstanding a principal amount exceeding twice its invested capital commitments. Directs the Securities and Exchange Commission (SEC) to promulgate final rules that: (1) require such investment advisers to maintain records the SEC determines necessary, taking into account fund size, governance, investment strategy, and risk; and (2) define the term "private equity fund" for purposes of this Act.

Bill Text

We don't have the full text on file for this bill yet.

Read HR 1082 on the official United States source →

Action History

  1. Placed on the Union Calendar, Calendar No. 91.

  2. Reported (Amended) by the Committee on Financial Services. H. Rept. 112-143.

  3. Ordered to be Reported (Amended) by Voice Vote.

  4. Committee Consideration and Mark-up Session Held.

  5. Forwarded by Subcommittee to Full Committee by the Yeas and Nays: 19 - 13 .

  6. Subcommittee Consideration and Mark-up Session Held.

  7. Subcommittee Consideration and Mark-up Session Held.

  8. Referred to the Subcommittee on Capital Markets and Government Sponsored Enterprises.

  9. Hearings Held by the Subcommittee on Capital Markets and Government Sponsored Enterprises Prior to Referral.

  10. Referred to the House Committee on Financial Services.

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.

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"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

taxation finance
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Frequently asked questions

What does HR 1082 do?
Small Business Capital Access and Job Preservation Act - Amends the Investment Advisers Act of 1940 to exempt private equity fund investment advisers from its registration and reporting requirements, provided that each private equity fund has not borrowed and does not have outstanding a principal amount exceeding twice its invested capital commitments. Directs the Securities and Exchange Commission (SEC) to promulgate final rules that: (1) require such investment advisers to maintain records the SEC determines necessary, taking into account fund size, governance, investment strategy, and risk; and (2) define the term "private equity fund" for purposes of this Act.
Who sponsors HR 1082?
HR 1082 is sponsored by Robert Hurt (R).
What is the current status of HR 1082?
This bill died with 112th Congress. It reached “Introduced” 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 HR 1082?
Track HR 1082 free on One Click Politics — get push/email alerts when it moves.

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Last checked for changes about 10 hours ago · updated continuously

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