118th Congress (2023–2025) · House bill · Sponsor: Rep. Flood, Mike [R-NE-1]
This page covers HR2797 in the 118th Congress. Bill numbers start over every Congress, so HR2797 in another Congress is a different bill.
| Item | Detail |
|---|---|
| Roll-call votes | 1 |
| Chamber | House |
| Latest vote | 2023-05-31: Passed |
| Latest action | 2023-06-01: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. |
| Policy area | Finance and Financial Sector |
| Official record | Congress.gov |
Equal Opportunity for All Investors Act of 2023 This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. Certain unregistered securities may only be offered to accredited investors. Specifically, the bill allows an individual to qualify through an examination established by the Securities and Exchange Commission. The examination must be designed with an appropriate difficulty level such that an individual with financial sophistication or training would be unlikely to fail, include methods to determine competency in certain areas, and be administered by a registered national securities association and offered free of charge to the public. Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience.
Subjects: Banking and financial institutions regulation, Financial services and investments, Securities
Every recorded vote on this bill, newest first, with a link to the official tally. Member-by-member positions are on each member’s profile.
| Date | Chamber | Question | Result | Yea | Nay | Not voting | Record |
|---|---|---|---|---|---|---|---|
| 2023-05-31 | House | 2/3 Yea-And-Nay | Passed | 321 | 15 | 27 | Official tally |
HR2797 (Equal Opportunity for All Investors Act of 2023) was introduced in the 118th Congress (2023–2025) by Rep. Flood, Mike [R-NE-1].
On 2023-06-01: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
1 recorded vote in the 118th Congress. The most recent, on 2023-05-31, was "2/3 Yea-And-Nay": Passed.