115-hr-1585115th Congress

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.

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