Investment Opportunity Expansion Act

2/16/2024, 3:28 PM
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill 118 s 3709, also known as the Investment Opportunity Expansion Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to promote economic growth and job creation by expanding investment opportunities for individuals and businesses.

One of the key provisions of the Investment Opportunity Expansion Act is the creation of new tax incentives for investors. These incentives are designed to encourage individuals and businesses to invest in small businesses and startups, which are often seen as the engines of economic growth. By providing tax breaks for these types of investments, the bill aims to stimulate innovation and entrepreneurship in the US economy.

Another important aspect of the bill is the streamlining of regulations that govern investment opportunities. The legislation seeks to reduce red tape and make it easier for individuals and businesses to access capital markets. By simplifying the regulatory process, the bill aims to make it easier for companies to raise funds and grow their businesses. Overall, the Investment Opportunity Expansion Act is a comprehensive piece of legislation that aims to boost economic growth and job creation by expanding investment opportunities. If passed, this bill could have a significant impact on the US economy and help to create a more favorable environment for investment and entrepreneurship.
Congress
118

Number
S - 3709

Introduced on
2024-01-31

# Amendments
0

Sponsors
+5

Cosponsors
+5

Variations and Revisions

1/31/2024

Status of Legislation

Bill Introduced
Introduced to House
House to Vote
Introduced to Senate
Senate to Vote

Purpose and Summary

Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.
Bill 118 s 3709, also known as the Investment Opportunity Expansion Act, is a piece of legislation currently being considered by the US Congress. The main goal of this bill is to promote economic growth and job creation by expanding investment opportunities for individuals and businesses.

One of the key provisions of the Investment Opportunity Expansion Act is the creation of new tax incentives for investors. These incentives are designed to encourage individuals and businesses to invest in small businesses and startups, which are often seen as the engines of economic growth. By providing tax breaks for these types of investments, the bill aims to stimulate innovation and entrepreneurship in the US economy.

Another important aspect of the bill is the streamlining of regulations that govern investment opportunities. The legislation seeks to reduce red tape and make it easier for individuals and businesses to access capital markets. By simplifying the regulatory process, the bill aims to make it easier for companies to raise funds and grow their businesses. Overall, the Investment Opportunity Expansion Act is a comprehensive piece of legislation that aims to boost economic growth and job creation by expanding investment opportunities. If passed, this bill could have a significant impact on the US economy and help to create a more favorable environment for investment and entrepreneurship.
Alternative Names
Official Title as IntroducedA bill to amend the Securities Act of 1933 to add additional investment thresholds for an individual to qualify as an accredited investor, and for other purposes.

Comments

Recent Activity

Latest Action1/31/2024
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.