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US HB3673
Bill
Status
Introduced
6/3/2025
Primary Sponsor
Garland Barr
Click for details
AI Summary
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Raises the SEC registration exemption threshold for private fund investment advisers from $150 million to $175 million in assets under management
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Requires the SEC to adjust this threshold every 5 years based on the Consumer Price Index for All Urban Consumers
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Inflation adjustments must be rounded to the nearest $1 million
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Amends Section 203(m) of the Investment Advisers Act of 1940
Legislative Description
Small Business Investor Capital Access Act
Finance and financial sector
Last Action
Placed on the Union Calendar, Calendar No. 211.
9/8/2025
Committee Referrals
Financial Services6/3/2025
Full Bill Text
No bill text available