H.R. 6319: Expanding Investment in Small Businesses Act
CBO Report Details
Legislation Details
115th Congress
To require the Securities and Exchange Commission to carry out a study of the 10 per centum threshold limitation applicable to the definition of a diversified company under the Investment Company Act of 1940, and for other purposes.
Sponsor: Rep. Randy Hultgren — R — IL
This bill directs the Securities and Exchange Commission to report on: (1) the limitiation on shares of an individual company that a diversified investment company may own, and (2) the limitation's impact on capital formation.
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