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{{McCarthysInnovationInitiative
|Name of Bill=H.R.1219 Supporting America's Innovators Act
|Year=2017
|Sponsor=Rep. McHenry, Patrick T. (R-NC-10)
|Cosponsor=Rep. Velazquez, Nydia M. (D-NY-7), Rep. Hollingsworth, Trey (R-IN-9), Rep. Sherman, Brad (D-CA-30), Rep. Gottheimer, Josh (D-NJ-5)
|Status of Bill=Introduced,
|Related Bills=Financial CHOICE Act of 2016, Creating Financial Prosperity for Businesses and Investors Act,
}}
This bill amends the Investment Company Act of 1940 to exempt from its coverage any issuer whose outstanding securities with respect to a qualifying venture capital fund (other than short-term paper) are beneficially owned by not more than 250 persons.
https://www.congress.gov/bill/115th-congress/house-bill/1219/text?format=txt
https://www.congress.gov/bill/114th-congress/house-bill/4854
 
[Category: Legislation]

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