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H.R. 1105: Small Business Capital Access and Job Preservation Act

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H.R. 1105: Small Business Capital Access and Job Preservation Act

113th Congress · introduced 2013-03-13 · Finance and Financial Sector · Latest: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

federal

Follow this bill, step by step

  1. Where it came from: introduced 2013-03-13 · official record
  2. Who proposed it: Rep. Hurt, Robert [R-VA-5] · what a sponsor is
  3. What happened next: 3 recorded votes in our records. Latest: House roll call 620 (2013): On Agreeing to the Amendment, HR1105 (2013-12-04), Failed. See all
  4. Where it stands now: Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. Not final yet: this can still change. We check for updates every day.
  5. If it becomes law and spends money: follow the money to money laws, then agencies and contracts and grants.

What does this mean?

Official title

Small Business Capital Access and Job Preservation Act

Plain summary

(This measure has not been amended since it was introduced. The summary of that version is repeated here.) Small Business Capital Access and Job Preservation Act - Amends the Investment Advisers Act of 1940 to exempt private equity fund investment advisers from its registration and reporting requirements, provided that each private equity fund has not borrowed and does not have outstanding a principal amount exceeding twice its invested capital commitments. Directs the Securities and Exchange Commission (SEC) to promulgate final rules that: (1) require such investment advisers to maintain records the SEC determines necessary, taking into account fund size, governance, investment strategy, and risk; and (2) define the term "private equity fund" for purposes of this Act.

Congressional Research Service summary (Passed House without amendment), quoted unchanged (nonpartisan). Read the source.

What a vote does

A “Yea” vote

If it passes both chambers and is signed, it becomes law.

A “Nay” vote

If it is not passed, current law stays as it is.

PSI Sci description of the legislative step (not an opinion).

What does this mean? (plain words)

Official text

Small Business Capital Access and Job Preservation Act

Source: Congressional Research Service summary (Passed House without amendment)

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The strongest published arguments

Arguments for (supporters)

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Alternatives

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How did my representative vote? · This bill's floor votes

Officials and money

Sponsor: Rep. Hurt, Robert [R-VA-5] · 12 cosponsors

Cost estimate: No cost estimate published yet.

Cosponsors on this site

James A. Himes (D-CT)

Recorded votes

Words on this page, explained (3)
Exemption
A rule that removes certain people, property or activities from a tax or requirement.
Rulemaking
The process agencies use to write regulations that carry out laws passed by Congress or a legislature. Usually an agency publishes a proposed rule, takes public comments, then publishes a final rule.
Securities
Financial investments that can be bought and sold, such as stocks and bonds.

Plain meanings written from linked sources. All words.

Sources

Record fed-us-cong113-hr1105 · catalog fed-us-congress-bills-cong113 · updated 2026-11-15 by psicol fed-bills-cong113