Bill · S. 2906· Senate(119-S-2906)
Expanding American Entrepreneurship Act
- Introduced
- 9/18/2025
- Last activity
- 9/18/2025 — Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- Sponsored by
- Jerry Moran
- Cosponsors
- - 1 - 2
- Introduced
- In Committee
What this bill would do
The Expanding American Entrepreneurship Act seeks to amend the Investment Company Act of 1940. It increases the number of persons allowed in certain entities from 250 to 500. It also raises a financial threshold from $10,000,000 to $50,000,000 in section 3(c)(1) of the Act.
Yes· 3 of 8
Would people with substantial wealth be better off under this?+7
The bill expands opportunities for high-net-worth individuals to invest in private entities.
Would the very wealthiest people be better off under this?+7
Significant benefit from increased financial thresholds for exempt investment companies.
Would billionaires be better off under this?+7
Provides more flexibility in managing and scaling large-scale private investment vehicles.
The opposite
Does this give the federal government more power?-2
By easing restrictions on investment entities, it slightly reduces the regulatory grip of federal oversight on these funds.
Who it would affect, and how
Potential Positive Impacts for People
-
Increased capacity for entities: By changing the limit from 250 to 500 persons in Section 3(c)(1), more people may be able to participate in these entities.
-
Higher financial thresholds: Increasing the amount from $10,000,000 to $50,000,000 in Section 3(c)(1)(C)(i) provides a larger financial limit for these entities.
Potential Negative Impacts for People
- No negative impacts for people are explicitly mentioned 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 Billionaires+7Good For High Net Worth Individuals+7Good For Ultra High Net Worth Individuals+7Good For Business Owners+6Good For High Income Households+5
- Economy And Finance
- Improves Small Business Support+4Improves Economic Growth+3Increases Job Creation+2
- Governance And Ideology
- Increases Federal Power-2
- 9/18/2025
- Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
- 3 Cosponsors added.
- Introduced in Senate
Ruben GallegoDemocrat · Arizona
Tim ScottRepublican · South Carolina
Mark WarnerDemocrat · Virginia