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Investment Opportunity Expansion Act

This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. (Certain unregistered securities may only be offered to accredited investors.) Specifically, the bill allows an individual to qualify if their aggregate investment in such a securities offering is not more than 10% of the individual's net assets or 10% of the individual's annual income, whichever is greater.

HR2652-118, HR2799-118,

Senate Actions

IntroReferral
Jan. 31 2024	Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Library of Congress Actions

IntroReferral
Jan. 31 2024	Introduced in Senate

Senate bill S3709-118

Investment Opportunity Expansion Act

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