Bill · H.R. 3673· House(119-HR-3673)
Small Business Investor Capital Access Act
- Introduced
- 6/3/2025
- Last activity
- 9/8/2025 — Placed on the Union Calendar, Calendar No. 211.
- Sponsored by
- Andy Barr
- Cosponsors
- - 0 - 1
- Introduced
- On Calendar
What this bill would do
This bill, known as the "Small Business Investor Capital Access Act," aims to amend the Investment Advisers Act of 1940. It proposes to increase the registration exemption threshold for certain investment advisers of private funds from $150,000,000 to $175,000,000. Additionally, the bill requires the Commission to adjust this dollar amount every 5 years. This adjustment is intended to reflect changes in the Consumer Price Index for All Urban Consumers.
Yes· 3 of 4
Does this make it easier to run a small business?+3
Increasing the registration exemption threshold provides relief and easier capital access for smaller investment advisers.
Would business owners be better off under this?+2
Small investment advisers benefit from lower registration burdens.
Would high-income households be better off under this?+1
The increased threshold benefits higher-earning private fund managers.
The opposite
Does this give people more protection from unfair business practices?-1
Raising the exemption threshold may slightly reduce regulatory oversight for certain private funds.
Who it would affect, and how
Potential Positive Impacts for People
-
Higher Exemption Threshold: By increasing the amount from $150,000,000 to $175,000,000, the bill changes the threshold for certain investment advisers of private funds (Section 2, paragraph 1).
-
Regular Inflation Adjustments: The Commission will be required to adjust the dollar amount every 5 years based on the Consumer Price Index for All Urban Consumers to reflect inflation (Section 2, paragraph 2).
Potential Negative Impacts for People
- No negative impacts or burdens are explicitly stated in the provided text.
Groups and Interests Ranking
Every group the model scored this bill for, from -10 to +10. Hover a score for the reason it gave.
- Demographic And Interest Groups
- Good For Business Owners+2Good For High Income Households+1
- Economy And Finance
- Improves Small Business Support+3Improves Economic Growth+1Improves Consumer Protection-1
- 9/8/2025
- Reported (Amended) by the Committee on Financial Services. H. Rept. 119-254.
- Placed on the Union Calendar, Calendar No. 211.
- 7/22/2025
- Committee Consideration and Mark-up Session Held
- Ordered to be Reported (Amended) by the Yeas and Nays: 51 - 2.
- 6/3/2025
- Referred to the House Committee on Financial Services.
- 1 Cosponsor added.
- Introduced in House
One bill Congress.gov lists as related to this one — companions in the other chamber, earlier versions, and bills this one absorbed or was folded into.
Nydia VelázquezDemocrat · New York