Bill Information for hr4429-119

Long Title

To require the Securities and Exchange Commission to revise the definition of a qualifying investment, for purposes of the exemption from registration for venture capital fund advisers under the Investment Advisers Act of 1940, to include an equity security issued by a qualifying portfolio company and to include an investment in another venture capital fund, and for other purposes.

Short Title

Developing and Empowering our Aspiring Leaders Act of 2025

Vote Information

Status: REPORTED as of 2025-07-22 00:00:00.

Sponsor: This bill was sponsored by Ann Wagner (R-MO).

Party line votes are determined based on this being a R-sponsored piece of legislation. See here for information on how party line votes are determined.

Vote count: There were 0 roll call votes on this bill in total.