Political Quotes

“I support H.R. 4227 and urge its passage as it correctly balances the need to provide access to capital for startups and other businesses with the need to protect investors. I note that a similar version of this bill previously passed this Chamber by a wide bipartisan vote. Madam Speaker, I yield back the balance of my time. The SPEAKER pro tempore. The question is on the motion offered by the gentlewoman from California (Ms. Waters) that the House suspend the rules and pass the bill, H.R. 4227, as amended. The question was taken; and (two-thirds being in the affirmative) the rules were suspended and the bill, as amended, was passed. The title of the bill was amended so as to read: ``A bill to require the Securities and Exchange Commission to revise the definition of a qualifying investment to include an equity security issued by a qualifying portfolio company, whether acquired directly from the company or in a secondary acquisition, for purposes of the exemption from registration for venture capital fund advisers under the Investment Advisers Act of 1940, and for other purposes.''. A motion to reconsider was laid on the table. ____________________”