This bill became law
What it doesSummary public law (Jan 3, 2019)
RBIC Advisers Relief Act of 2018
This bill amends the Investment Advisers Act of 1940 to exempt certain investment advisers from registration requirements. Specifically, investment advisers who solely advise rural business investment companies are exempt from these requirements.
What just happenedJan 3, 2019
Became Public Law No: 115-417.
Who’s behind it
Became Public Law No: 115-417.
Became Public Law No: 115-417.
Signed by President.
Signed by President.
Presented to President.
Presented to President.
Motion to reconsider laid on the table Agreed to without objection.
On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 389 - 0 (Roll no. 458). (text: CR H10416)
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by the Yeas and Nays: (2/3 required): 389 - 0 (Roll no. 458).(text: CR H10416)
Considered as unfinished business. (consideration: CR H10437)
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.
DEBATE - The House proceeded with forty minutes of debate on S. 2765.
Considered under suspension of the rules. (consideration: CR H10416-10417)
Mr. Huizenga moved to suspend the rules and pass the bill.
Referred to the House Committee on Financial Services.
Received in the House.
Message on Senate action sent to the House.
Passed Senate without amendment by Unanimous Consent. (text: CR S6882)
Passed/agreed to in Senate: Passed Senate without amendment by Unanimous Consent.(text: CR S6882)
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent. (consideration: CR S6881-6882)
Senate Committee on Banking, Housing, and Urban Affairs discharged by Unanimous Consent.(consideration: CR S6881-6882)
Committee on Banking, Housing, and Urban Affairs. Hearings held. Hearings printed: S.Hrg. 115-354.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Introduced in Senate
RBIC Advisers Relief Act of 2018
This bill amends the Investment Advisers Act of 1940 to exempt certain investment advisers from registration requirements. Specifically, investment advisers who solely advise rural business investment companies are exempt from these requirements.
RBIC Advisers Relief Act of 2018
This bill amends the Investment Advisers Act of 1940 to exempt certain investment advisers from registration requirements. Specifically, investment advisers who solely advise rural business investment companies are exempt from these requirements.