Investment Opportunity Expansion Act
This bill died when its Congress ended.
Bills don't carry over between Congresses. Without re-introduction in a new session, it cannot advance.
Summary · Congressional Research Service (nonpartisan)
This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. (Certain unregistered securities may only be offered to accredited investors.) Specifically, the bill allows an individual to qualify if their aggregate investment in such a securities offering is not more than 10% of the individual's net assets or 10% of the individual's annual income, whichever is greater.
Who introduced this
Ted Budd
RepublicanU.S. Senator · NC
2 cosponsors — mostly Republicans
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