H.Res. 242: Providing for consideration of the bill (H.R. 1219) to amend the Investment Company Act of 1940 to expand the investor limitation for qualifying venture capital funds under an exemption from the definition of an investment company, and providing for proceedings during the period from April 7, 2017, through April 24, 2017.

115th Congress · Sponsored from Colorado · Passed a chamber

What this bill does

Sets forth the rule for consideration of the bill (H.R. 1219) to amend the Investment Company Act of 1940 to expand the investor limitation for qualifying venture capital funds under an exemption from the definition of an investment company, and providing for proceedings during the period from April 7, 2017, through April 24, 2017.

Key facts

Sponsor

Rep. Buck, Ken [R-CO-4]
Rep. Buck, Ken [R-CO-4]
Lead sponsor · Colorado
R

Who funds the sponsor?

Rep. Buck, Ken [R-CO-4] introduced H.Res. 242. On Voterly you can see their top campaign donors from public Federal Election Commission records — individuals, PACs, and industry groups (follow the money) — and compare that with how they vote.

See Rep. Buck, Ken [R-CO-4]'s donors & voting record →

Campaign donations show who helps fund the sponsor's election; they are not the same as who drafted or lobbied for the bill text. Lobbying disclosures are separate public records.

Take a position & compare alignment

Agree or disagree with H.Res. 242? Go to the homepage to record your view and compare your stance with how your representatives vote. See Rep. Buck, Ken [R-CO-4]'s profile to vote on their bills and check your alignment % with the sponsor.

Read the official text on Congress.gov →

Frequently asked questions

What does H.Res. 242 do?

Sets forth the rule for consideration of the bill (H.R. 1219) to amend the Investment Company Act of 1940 to expand the investor limitation for qualifying venture capital funds under an exemption from the definition of an investment company, and providing for proceedings during t…

Who sponsored H.Res. 242?

Rep. Buck, Ken [R-CO-4] (R) of Colorado is the lead sponsor.

How do I find out who funds or lobbies for H.Res. 242?

Campaign-finance records (Federal Election Commission) show who funds the bill's sponsor. Separately, federal lobbying disclosures filed under the Lobbying Disclosure Act list the companies and lobbyists who reported lobbying on specific bills. Voterly links the sponsor's donors; lobbying records are public at the U.S. Senate and House lobbying databases.

Is H.Res. 242 now law?

Not yet. The current status is "Passed a chamber." See the latest action above for details.