# 115-hr-1585: Fair Investment Opportunities for Professional Experts Act

115-hr-1585, Fair Investment Opportunities for Professional Experts Act, is a 115th Congress bill sponsored by Rep. Schweikert, David [R-AZ-1] (R-AZ); 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/115-hr-1585
- As of: 2025-11-18
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Bill: 115-hr-1585
- Congress: 115
- Title: Fair Investment Opportunities for Professional Experts Act
- Status: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Introduced: 2017-03-16
- Sponsor: Rep. Schweikert, David [R-AZ-1] (R-AZ)
- Cosponsors: 11
- Policy area: Finance and Financial Sector
- Touches household money: no
- Last recorded action: 2025-11-18

## 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.

## Cosponsors (11)

- Rep. Sinema, Kyrsten [D-AZ-9] (D-AZ), 2017-03-16T00:00:00.000Z
- ED ROYCE (R-CA), 2017-03-16T00:00:00.000Z
- Rep. Hill, J. French [R-AR-2] (R-AR), 2017-03-16T00:00:00.000Z
- Rep. Maloney, Carolyn B. [D-NY-12] (D-NY), 2017-03-16T00:00:00.000Z
- Rep. Yoho, Ted S. [R-FL-3] (R-FL), 2017-03-16T00:00:00.000Z
- Rep. LaMalfa, Doug [R-CA-1] (R-CA), 2017-03-16T00:00:00.000Z
- Rep. Hultgren, Randy [R-IL-14] (R-IL), 2017-03-16T00:00:00.000Z
- Rep. Gottheimer, Josh [D-NJ-5] (D-NJ), 2017-03-16T00:00:00.000Z
- Rep. Davidson, Warren [R-OH-8] (R-OH), 2017-03-16T00:00:00.000Z
- Rep. Polis, Jared [D-CO-2] (D-CO), 2017-03-16T00:00:00.000Z
- Rep. Messer, Luke [R-IN-6] (R-IN), 2017-10-11T00:00:00.000Z

## Related bills

- 115-hr-2519: The American Legion 100th Anniversary Commemorative Coin Act
- 115-hr-5141: United States-Israel Security Assistance Authorization Act of 2018
- 115-hr-1697: Israel Anti-Boycott Act
- 115-hr-849: Protecting Seniors Access to Medicare Act
- 115-hr-184: Protect Medical Innovation Act of 2018
- 115-hr-5132: Iranian Revolutionary Guard Corps Economic Exclusion Act

## Sources
- [115-hr-1585 on Congress.gov](https://www.congress.gov/bill/115th-congress/house-bill/1585)

## Related
- [115-hr-2519: The American Legion 100th Anniversary Commemorative Coin Act](https://policyrisk.com/legislation/115-hr-2519)
- [115-hr-5141: United States-Israel Security Assistance Authorization Act of 2018](https://policyrisk.com/legislation/115-hr-5141)
- [115-hr-1697: Israel Anti-Boycott Act](https://policyrisk.com/legislation/115-hr-1697)
- [115-hr-849: Protecting Seniors Access to Medicare Act](https://policyrisk.com/legislation/115-hr-849)
- [115-hr-184: Protect Medical Innovation Act of 2018](https://policyrisk.com/legislation/115-hr-184)
- [115-hr-5132: Iranian Revolutionary Guard Corps Economic Exclusion Act](https://policyrisk.com/legislation/115-hr-5132)
- [All bills in Congress](https://policyrisk.com/legislation)

Source: PRIA, https://policyrisk.com/legislation/115-hr-1585 (as of 2025-11-18).