|House Meets At:||First Vote Predicted:||Last Vote Predicted:|
9:00 a.m.: Legislative Business
Five “One Minutes”
|10:00 – 10:30 a.m.||10:30 – 11:00 a.m.|
Complete Consideration of H.R. 1219 – Supporting America’s Innovators Act of 2017 (Rep. McHenry – Financial Services) (One hour of debate). This bipartisan bill would increase the number of accredited investors who can invest in certain venture capital funds from 100 to 250 before those funds must register with the Security Exchange Commission (SEC) as “investment companies.” The legislation would also define a “qualifying venture capital fund” as a venture fund that could have no more than $10 million in invested capital, adjusted for inflation every five years.
In 2016, this bill was brought to the Floor as a suspension bill where it passed overwhelmingly by a vote of 388-9. That vote can be found here.
The Rule, which was adopted yesterday, provides for one hour of debate equally divided and controlled by the Chair and Ranking Member of the Committee on Financial Services.
Bill Text for H.R. 1219:
|The Daily Quote|
“Rep. Patrick McHenry (R-N.C.), a member of House GOP leadership, said Wednesday that conservatives' proposals to reach a compromise on healthcare are a ‘bridge too far’ to win support from colleagues… The comments come after a late-night meeting among House GOP groups on Tuesday fell flat, and lawmakers appear to be heading home at the end of the week for a recess without any tangible progress toward a deal to revive their healthcare bill.”
- The Hill, 4/5/2017