U.S. Territories Investor Protection Act of 2016
1/11/2023, 1:32 PMCongressional Summary of HR 5322
(This measure has not been amended since it was introduced. The summary of that version is repeated here.)
U.S. Territories Investor Protection Act of 2016
This bill amends the Investment Company Act of 1940 to repeal the exemption from its coverage of investment companies created under the laws of Puerto Rico, the Virgin Islands, or any other U.S. possession.
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Current Status of Bill HR 5322
Bill HR 5322 is currently in the status of Bill Introduced since May 25, 2016. Bill HR 5322 was introduced during Congress 114 and was introduced to the House on May 25, 2016. Bill HR 5322's most recent activity was Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of July 12, 2016Bipartisan Support of Bill HR 5322
Total Number of Sponsors
1Democrat Sponsors
1Republican Sponsors
0Unaffiliated Sponsors
0Total Number of Cosponsors
2Democrat Cosponsors
2Republican Cosponsors
0Unaffiliated Cosponsors
0Policy Area and Potential Impact of Bill HR 5322
Primary Policy Focus
Finance and Financial SectorAlternate Title(s) of Bill HR 5322
U.S. Territories Investor Protection Act of 2016To amend the Investment Company Act of 1940 to terminate an exemption for companies located in Puerto Rico, the Virgin Islands, and any other possession of the United States.U.S. Territories Investor Protection Act of 2016U.S. Territories Investor Protection Act of 2016Comments
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Sponsors and Cosponsors of HR 5322
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