Bill113th Congress

H.R. 701

To amend a provision of the Securities Act of 1933 directing the Securities and Exchange Commission to add a particular class of securities to those exempted under such Act to provide a deadline for such action.

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Introduced
Feb 14, 2013
Origin Chamber
House
Policy Area
Finance and Financial Sector
Latest Action
May 16, 2013

Sponsor

Rep. McHenry, Patrick T. [R-NC-10]

Republican·NC-10
Bioguide ID: M001156
First Name: Patrick
Last Name: McHenry
By Request: N
6
Cosponsors
2
Committees
17
Actions
0
Amendments
0
Related Bills
4
Subjects
2
Summaries
2
Titles
4
Text Versions

Bill Details

Update Date
Jan 11, 2023
Origin Chamber
House
Bill Type
HR
Bill Number
701
Congress
113
Introduced Date
Feb 14, 2013
Policy Area
Finance and Financial Sector
Is Law
No
May 16, 2013IntroReferral

Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Source: Senate

May 15, 2013FloorH38310

Motion to reconsider laid on the table Agreed to without objection.

Source: House floor actions

May 15, 2013FloorH37300

On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 416 - 6 (Roll no. 148). (text: CR H2627)

Source: House floor actions

May 15, 2013Floor8000

Passed/agreed to in House: On motion to suspend the rules and pass the bill, as amended Agreed to by the Yeas and Nays: (2/3 required): 416 - 6 (Roll no. 148).(text: CR H2627)

Source: Library of Congress

May 15, 2013FloorH30000

Considered as unfinished business. (consideration: CR H2636)

Source: House floor actions

May 15, 2013FloorH37220

At the conclusion of debate, the Yeas and Nays were demanded and ordered. Pursuant to the provisions of clause 8, rule XX, the Chair announced that further proceedings on the motion would be postponed.

Source: House floor actions

May 15, 2013FloorH8D000

DEBATE - The House proceeded with forty minutes of debate on H.R. 701.

Source: House floor actions

May 15, 2013FloorH30000

Considered under suspension of the rules. (consideration: CR H2627-2629)

Source: House floor actions

May 15, 2013FloorH30300

Mr. McHenry moved to suspend the rules and pass the bill, as amended.

Source: House floor actions

May 15, 2013CalendarsH12410

Placed on the Union Calendar, Calendar No. 36.

Source: House floor actions

May 15, 2013CommitteeH12200

Reported by the Committee on Financial Services. H. Rept. 113-58.

Source: House floor actions

May 15, 2013Committee5000

Reported by the Committee on Financial Services. H. Rept. 113-58.

Source: Library of Congress

May 7, 2013Committee

Ordered to be Reported by Voice Vote.

Source: House committee actions

May 7, 2013Committee

Committee Consideration and Mark-up Session Held.

Source: House committee actions

Feb 14, 2013IntroReferralH11100

Referred to the House Committee on Financial Services.

Source: House floor actions

Feb 14, 2013IntroReferralIntro-H

Introduced in House

Source: Library of Congress

Feb 14, 2013IntroReferral1000

Introduced in House

Source: Library of Congress

Introduced in House· Feb 14, 20130

Amends the Securities Act of 1933 to set October 31, 2013, as the deadline for the Securities and Exchange Commission (SEC) to add a class of domestic securities to those already exempted from regulation under that Act in accordance with specified terms and conditions, including that: (1) the aggregate offering amount of all securities offered and sold within the prior 12-month period in reliance on the new exemption shall not exceed $50 million, (2) the securities may be offered and sold publicly, and (3) they shall not be restricted securities under federal securities laws and regulations.

Passed House amended· May 15, 201336

Amends the Securities Act of 1933 to set October 31, 2013, as the deadline for the Securities and Exchange Commission (SEC) to add a class of domestic securities to those already exempted from regulation under that Act in accordance with specified terms and conditions, including that: (1) the aggregate offering amount of all securities offered and sold within the prior 12-month period in reliance on the new exemption shall not exceed $50 million, (2) the securities may be offered and sold publicly, and (3) they shall not be restricted securities under federal securities laws and regulations.

Banking, Housing, and Urban Affairs Committee

Senate· Standing

Financial Services Committee

House· Standing
Administrative law and regulatory proceduresFinancial services and investmentsSecuritiesSecurities and Exchange Commission (SEC)

Referred in Senate

May 16, 2013

Reported in House

May 15, 2013

Engrossed in House

May 15, 2013

Introduced in House

Feb 14, 2013

To amend a provision of the Securities Act of 1933 directing the Securities and Exchange C… — Informed