The record

LegislationLegislation· Mar 2024
HR 2799

Sponsored by Patrick T. McHenry (R)

Expanding Access to Capital Act of 2023

Would have eased securities rules for small companies, startups, and private investment funds.

Tradeoff

Would have eased registration and disclosure rules for startups and small fundraising. Would have let more people invest in private offerings by certifying they understand the risks.

What's in it

See official bill text
H.R. 2799, Expanding Access to Capital Act of 2023www.cbo.gov/publication/59374 · Jul 2023

The House rejected a motion to send the bill back to committee, 205-213, then passed it 212-205 on March 8, 2024. The Senate never voted on it before the Congress ended, so the bill expired.

  1. House

    Introduced

    (Apr 24, 2023)

  2. House

    Committee on Financial Services(Apr 24, 2023)

    The bill went to more than one committee at the same time.

  3. House

    The Committee on Financial Services voted to send it to the floor

    Reported 28 - 21(Apr 26, 2023)

    Committee report H. Rept. 118-143, Part I.

  4. House

    On

    Failed(Roll #77 · Mar 8, 2024)

    205 yeanay 213

  5. House

    Passage of the bill

    Passed(Roll #78 · Mar 8, 2024)

    212 yeanay 205

  6. Senate

    Received from the House

    on Banking, Housing, and Urban Affairs(Mar 11, 2024)

Passage votes· Mar 8, 2024· 118th Congress · 2023–2025