H.R. 3673
IntroducedSmall Business Investor Capital Access Act
Latest Action
Placed on the Union Calendar, Calendar No. 211.
9/8/2025 • House
Summary
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.
Introduced in House • 6/3/2025
Topics & Subjects
CBO Cost Estimates (1)
Congressional Votes (0)
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Related Federal Spending
Sponsor & Cosponsors (2)
Party Breakdown
Sponsor
Cosponsors (1)
Bill Journey
Originated in the House
Introduced
June 3, 2025
Committee Review
July 22, 2025
Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 2.
Floor Debate
Passed Chamber
Other Chamber
President
Enacted into Law