To amend the Investment Company Act of 1940 to terminate an exemption for companies located in Puerto Rico, the Virgin Islands, and any other possession of the United States.
(This measure has not been amended since it was introduced. The summary has been expanded because action occurred on the measure.)
U.S. Territories Investor Protection Act of 2017
(Sec. 2) This bill amends the Investment Company Act of 1940 to apply the Act to investment companies created under the laws of Puerto Rico, the Virgin Islands, or any other U.S. possession.
Read twice and referred to the Committee on Finance.
Referred to the Subcommittee on Health.
Became Public Law No: 115-174.
Read twice and referred to the Committee on Finance.
Referred to the Committee on Ways and Means, and in addition to the Committees on Small Business, Financial Services, Oversight and Government Reform, and Energy and Commerce, for a period to be subsequently determined by the Speaker, in each case for consideration of such provisions as fall within the jurisdiction of the committee concerned.
Held at the desk.
Introduced in House
Introduced in House
Referred to the House Committee on Financial Services.
Committee Consideration and Mark-up Session Held.
Ordered to be Reported by the Yeas and Nays: 58 - 0.
Reported by the Committee on Financial Services. H. Rept. 115-103.
Reported by the Committee on Financial Services. H. Rept. 115-103.
Placed on the Union Calendar, Calendar No. 60.
Mr. Hill moved to suspend the rules and pass the bill.
Considered under suspension of the rules. (consideration: CR H2981-2983)
DEBATE - The House proceeded with forty minutes of debate on H.R. 1366.
Passed/agreed to in House: On motion to suspend the rules and pass the bill Agreed to by voice vote.(text: CR H2982)
checking server…
Ask anything about this bill. The AI reads the full text to answer.
Enter to send · Shift+Enter for new line
On motion to suspend the rules and pass the bill Agreed to by voice vote. (text: CR H2982)
Motion to reconsider laid on the table Agreed to without objection.
Received in the Senate.
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.