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Bill · 119th Congress · HR 3673

Small Business Investor Capital Access Act

Refreshed 2 h ago

Introduced 2025-06-03Topic: economy jobs

Summary

Summary by the Congressional Research Service

Small Business Investor Capital Access Act This bill requires the Securities and Exchange Commission (SEC) to adjust annually for inflation the dollar threshold of an exemption from registration requirements for investment advisors of private funds. Currently, investment advisors of private funds of less than $150 million in assets under management are exempt. The bill requires the SEC to adjust that amount annually based on the change in the Consumer Price Index.

Full text and official record on Congress.gov

Sponsors

Action history

DateChamberActionStatus effect
2025-09-08HousePlaced on the Union Calendar, Calendar No. 211.
2025-09-08HouseReported (Amended) by the Committee on Financial Services. H. Rept. 119-254.report
2025-09-08Reported (Amended) by the Committee on Financial Services. H. Rept. 119-254.report
2025-07-22HouseOrdered to be Reported (Amended) by the Yeas and Nays: 51 - 2.refer
2025-07-22HouseCommittee Consideration and Mark-up Session Heldrefer
2025-06-03HouseReferred to the House Committee on Financial Services.refer
2025-06-03Introduced in Houseintroduce
2025-06-03Introduced in Houseintroduce
Source: GovInfo Bill Status (Library of Congress), fetched 2026-10-08. Provisions and opinion polling arrive in a later release.