Amendment118th Congress
An amendment numbered 5 printed in Part B of House Report 118-407 to allow an individual to invest not more than 5 percent of the net worth of the individual excluding the individual's primary residence in any one private offering. To limit the aggregate investment of the individual in private offerings to 25 percent of the net worth of the individual excluding the individual's primary residence.
- Amendment Number
- 855
- Description
- An amendment numbered 5 printed in Part B of House Report 118-407 to allow an individual to invest not more than 5 percent of the net worth of the individual excluding the individual's primary residence in any one private offering. To limit the aggregate investment of the individual in private offerings to 25 percent of the net worth of the individual excluding the individual's primary residence.
- Purpose
- Amendment sought to allow an individual to invest not more than 5 percent of the net worth of the individual, excluding the individual's primary residence, in any one private offering. Also, the amendment sought to limit the aggregate investment of the individual in private offerings to 25 percent of the net worth of the individual excluding the individual's primary residence.
- Congress
- 118
- Type
- HAMDT
- Latest Action Date
- Mar 7, 2024
- Latest Action Text
- On agreeing to the Sherman amendment (A005) Failed by recorded vote: 203 - 223 (Roll no. 72).
- Latest Action Time
- 14:37:39
- Submitted Date
- Mar 6, 2024
- Chamber
- House of Representatives
- Update Date
- May 13, 2025