Fair Investment Opportunities for Professional Experts Act
Sponsored By: Representative Schweikert, David [R-AZ-1]
Unknown
Summary
This bill amends the Securities Act of 1933 to modify the definition of "accredited investor" for purposes of participating in private offerings to include: an individual whose net worth, or joint net worth with their spouse, exceeds $1 million, excluding their primary residence; an individual whose income over the last two years exceeded $200,000, or joint spousal income exceeded $300,000; an individual who holds a state-issued financial services license; and an individual determined by the Securities and Exchange Commission to have qualifying education or experience.
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Bill Overview
No Economic Impacts Identified for this Bill
Sponsors & CoSponsors
Sponsor
Schweikert, David [R-AZ-1]
AZ • R
Cosponsors
Rep. Sinema, Kyrsten [D-AZ-9]
AZ • D
Sponsored 3/16/2017
ED ROYCE
CA • R
Sponsored 3/16/2017
Rep. Hill, J. French [R-AR-2]
AR • R
Sponsored 3/16/2017
Rep. Maloney, Carolyn B. [D-NY-12]
NY • D
Sponsored 3/16/2017
Rep. Yoho, Ted S. [R-FL-3]
FL • R
Sponsored 3/16/2017
Rep. LaMalfa, Doug [R-CA-1]
CA • R
Sponsored 3/16/2017
Rep. Hultgren, Randy [R-IL-14]
IL • R
Sponsored 3/16/2017
Rep. Gottheimer, Josh [D-NJ-5]
NJ • D
Sponsored 3/16/2017
Rep. Davidson, Warren [R-OH-8]
OH • R
Sponsored 3/16/2017
Rep. Polis, Jared [D-CO-2]
CO • D
Sponsored 3/16/2017
Rep. Messer, Luke [R-IN-6]
IN • R
Sponsored 10/11/2017
Roll Call Votes
No roll call votes available for this bill.
View on Congress.gov