Investment Opportunity Expansion Act

Hozzl · 2024-02-16T15:28:31Z

Explore the details of Senate Bill 3709 Investment Opportunity Expansion Act currently in Congress. Get insights into its purpose, current status, sponsors, and potential impact on undefined. Stay informed on legislative developments.

2/16/2024, 3:28 PM

Summary of Bill S 3709

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.

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Current Status of Bill S 3709

Bill S 3709 is currently in the status of Bill Introduced since January 31, 2024. Bill S 3709 was introduced during Congress 118 and was introduced to the Senate on January 31, 2024. Bill S 3709's most recent activity was Read twice and referred to the Committee on Banking, Housing, and Urban Affairs. as of January 31, 2024

Bipartisan Support of Bill S 3709

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Policy Area and Potential Impact of Bill S 3709

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Alternate Title(s) of Bill S 3709

Investment Opportunity Expansion ActInvestment Opportunity Expansion ActA 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.

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