summary
Introduced
09/18/2025
09/18/2025
In Committee
09/18/2025
09/18/2025
Crossed Over
Passed
Dead
Introduced Session
119th Congress
Bill Summary
A bill to amend the Investment Company Act of 1940 to address entities that are not considered to be investment companies for the purposes of that Act, and for other purposes.
AI Summary
This bill amends the Investment Company Act of 1940 to modify two key thresholds for entities seeking to be exempt from registering as investment companies. Specifically, the bill increases the number of persons an investment company can have from 250 to 500, and raises the total assets threshold from $10 million to $50 million. In practical terms, this means that more private investment funds and venture capital entities can avoid the regulatory requirements of registering as an investment company with the Securities and Exchange Commission (SEC), which can be a complex and costly process. The bill aims to make it easier for smaller investment funds and entrepreneurial investment vehicles to operate with less regulatory burden, potentially encouraging more investment and entrepreneurial activity by reducing administrative obstacles.
Committee Categories
Housing and Urban Affairs
Sponsors (4)
Last Action
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (on 09/18/2025)
Official Document
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location |
|---|---|
| State Bill Page | https://www.congress.gov/bill/119th-congress/senate-bill/2906/all-info |
| BillText | https://www.congress.gov/119/bills/s2906/BILLS-119s2906is.pdf |
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