# 114-hr-432: SBIC Advisers Relief Act of 2015

114-hr-432, SBIC Advisers Relief Act of 2015, is a 114th Congress bill sponsored by Rep. Luetkemeyer, Blaine [R-MO-3] (R-MO); status Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. (as of 2025-11-18).

- Canonical: https://policyrisk.com/legislation/114-hr-432
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 114-hr-432
- Congress: 114
- Title: SBIC Advisers Relief Act of 2015
- Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced: 2015-01-21
- Sponsor: Rep. Luetkemeyer, Blaine [R-MO-3] (R-MO)
- Cosponsors: 9
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## Summary

SBIC Advisers Relief Act of 2015 Amends the Investment Advisers Act of 1940 to exempt specified advisers of small business investment companies (SBICs) from certain: (1) Securities and Exchange Commission (SEC) registration requirements with respect to the provision of investment advice relating to venture capital funds, and (2) SEC registration and reporting requirements with respect to assets under management of private funds. Provides the same exemption with respect to any state or local law requiring the registration, licensing, or qualifications of investment advisers.

## Cosponsors (9)

- Rep. Maloney, Carolyn B. [D-NY-12] (D-NY), 2015-01-21T00:00:00.000Z
- Rep. Rothfus, Keith J. [R-PA-12] (R-PA), 2015-01-21T00:00:00.000Z
- Rep. Mulvaney, Mick [R-SC-5] (R-SC), 2015-01-21T00:00:00.000Z
- Rep. Murphy, Patrick [D-FL-18] (D-FL), 2015-01-21T00:00:00.000Z
- Rep. Foster, Bill [D-IL-11] (D-IL), 2015-01-21T00:00:00.000Z
- Rep. Guinta, Frank C. [R-NH-1] (R-NH), 2015-01-21T00:00:00.000Z
- Rep. Moore, Gwen [D-WI-4] (D-WI), 2015-01-28T00:00:00.000Z
- Rep. Sinema, Kyrsten [D-AZ-9] (D-AZ), 2015-04-21T00:00:00.000Z
- Rep. Dold, Robert J. [R-IL-10] (R-IL), 2015-04-22T00:00:00.000Z

## Related bills

- 114-hr-2992: Merchant Marine of World War II Congressional Gold Medal Act
- 114-hr-2903: Craft Beverage Modernization and Tax Reform Act of 2015
- 114-hr-1786: James Zadroga 9/11 Health and Compensation Reauthorization Act
- 114-hr-699: Email Privacy Act
- 114-hr-3808: To require the withdrawal and study of the Federal Housing Finance Agency's proposed rule on Federal Home Loan Bank membership, and for other purposes.
- 114-hr-3381: Childhood Cancer STAR Act

## Sources
- [114-hr-432 on Congress.gov](https://www.congress.gov/bill/114th-congress/house-bill/432)

## Related
- [114-hr-2992: Merchant Marine of World War II Congressional Gold Medal Act](https://policyrisk.com/legislation/114-hr-2992)
- [114-hr-2903: Craft Beverage Modernization and Tax Reform Act of 2015](https://policyrisk.com/legislation/114-hr-2903)
- [114-hr-1786: James Zadroga 9/11 Health and Compensation Reauthorization Act](https://policyrisk.com/legislation/114-hr-1786)
- [114-hr-699: Email Privacy Act](https://policyrisk.com/legislation/114-hr-699)
- [114-hr-3808: To require the withdrawal and study of the Federal Housing Finance Agency's pro…](https://policyrisk.com/legislation/114-hr-3808)
- [114-hr-3381: Childhood Cancer STAR Act](https://policyrisk.com/legislation/114-hr-3381)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/114-hr-432 (as of 2025-11-18).