US Congress House Bill 2201 (Prior Session Legislation)

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Spectrum: Partisan Bill (Republican 6-0)
Status: Engrossed on November 13 2017 - 50% progression, died in committee
Action: 2017-11-13 - Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Pending: Senate Banking, Housing, And Urban Affairs Committee
Text: Latest bill text (Engrossed) [PDF]

Micro Offering Safe Harbor Act (Sec. 2) This bill amends the Securities Act of 1933 to exempt certain micro-offerings from: (1) state regulation of securities offerings, and (2) federal prohibitions related to interstate solicitation. The exempted micro-offerings must meet all of the following requirements: the purchaser has a substantive pre-existing relationship with the issuer, during the 12-month period preceding the transaction there are no more than 35 purchasers relying on the exemption, and the amount of all securities sold by the issuer (including any amount sold in reliance upon the exemption) during the 12-month period preceding the transaction does not exceed $500,000. A transaction shall not qualify for the exemption if the issuer or one of certain related persons triggers a "bad actor" disqualification under specified regulations due to a relevant criminal conviction, court or regulatory order, or other disciplinary event.

Micro Offering Safe Harbor Act

Rep. Tom Emmer [R-MN]	Rep. Steve Stivers [R-OH]	Rep. Luke Messer [R-IN]	Rep. Scott Tipton [R-CO]
Rep. Robert Pittenger [R-NC]	Rep. Thomas MacArthur [R-NJ]

2017-11-09 - House - On passage RC# 622 (Y: 232 N: 188 NV: 12 Abs: 0) [PASS]

Date	Chamber	Action
2017-11-13	Senate	Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
2017-11-09	House	Motion to reconsider laid on the table Agreed to without objection.
2017-11-09	House	On passage Passed by the Yeas and Nays: 232 - 188 (Roll no. 622).
2017-11-09	House	Considered as unfinished business. (consideration: CR H8678-8679)
2017-11-09	House	POSTPONED PROCEEDINGS - At the conclusion of debate on H.R. 2201, the Chair put the question on passage and by voice vote, announced the ayes had prevailed. Ms. Maxine Waters (CA) demanded the yeas and nays and the Chair postponed further proceedings on the question of passage until a time to be announced.
2017-11-09	House	H.Amdt.482 On agreeing to the Emmer amendment (A001) Agreed to by voice vote.
2017-11-09	House	H.Amdt.482 The previous question was ordered on the amendment and the bill pursuant to the rule.
2017-11-09	House	DEBATE - Pursuant to the provisions of H.Res. 609, the House proceeded with 10 minutes of debate on the Emmer amendment.
2017-11-09	House	H.Amdt.482 Amendment (A001) offered by Mr. Emmer. (consideration: CR H8677-8678; text: CR H8677)
2017-11-09	House	DEBATE - The House resumed debate on H.R. 2201.
2017-11-09	House	DEBATE - The House proceeded with one hour of debate on H.R. 2201.
2017-11-09	House	Rule provides for consideration of H.R. 2201 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions.
2017-11-09	House	Considered under the provisions of rule H. Res. 609. (consideration: CR H8667-8678; text of measure as reported in House: CR H8667)
2017-11-08	House	Rule H. Res. 609 passed House.
2017-11-07	House	Rules Committee Resolution H. Res. 609 Reported to House. Rule provides for consideration of H.R. 2201 with 1 hour of general debate. Previous question shall be considered as ordered without intervening motions except motion to recommit with or without instructions.
2017-11-01	House	Placed on the Union Calendar, Calendar No. 280.
2017-11-01	House	Reported by the Committee on Financial Services. H. Rept. 115-383.
2017-10-12	House	Ordered to be Reported by the Yeas and Nays: 34 - 26.
2017-10-12	House	Committee Consideration and Mark-up Session Held.
2017-10-11	House	Committee Consideration and Mark-up Session Held.
2017-04-27	House	Referred to the House Committee on Financial Services.
2017-04-27	House	Introduced in House

HB10 (Related) 2017-07-13 - Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-108.
HR375 (Similar To) 2017-06-07 - Motion to reconsider laid on the table Agreed to without objection.
HR609 (Related) 2017-11-08 - Motion to reconsider laid on the table Agreed to without objection.

Type	Source
Summary	https://www.congress.gov/bill/115th-congress/house-bill/2201/all-info
Text	https://www.congress.gov/115/bills/hr2201/BILLS-115hr2201ih.pdf
Text	https://www.congress.gov/115/bills/hr2201/BILLS-115hr2201rh.pdf
Text	https://www.congress.gov/115/bills/hr2201/BILLS-115hr2201eh.pdf
Roll Call	https://clerk.house.gov/Votes/2017622