H.R. 145

Summary

H.R. 145, the Risk Disclosure and Investor Attestation Act, was introduced in the House on Jan 3, 2025 by Rep. Warren Davidson (R). It was referred to Financial Services, and last saw action on Jan 3, 2025: Referred to the House Committee on Financial Services.

Record

Text

H.R. 145 has no co-sponsors and has not gone to a roll call.

119 HR 145 IH: Risk Disclosure and Investor Attestation Act
 U.S. House of Representatives
 2025-01-03
 text/xml
 EN
 Pursuant to Title 17 Section 105 of the United States Code, this file is not subject to copyright protection and is in the public domain.
 I  119th CONGRESS  1st Session  H. R. 145  IN THE HOUSE OF REPRESENTATIVES   January 3, 2025   Mr. Davidson  introduced the following bill; which was referred to the  Committee on Financial Services    A BILL
To amend the Securities Act of 1933 to permit an individual to invest in private issuers upon acknowledging the investment risks, and for other purposes.
1.
Short title
This Act may be cited as the   Risk Disclosure and Investor Attestation Act  .
2.
Investor attestation
(a)
In general
Section 2(a)(15) of the Securities Act of 1933 (77b(a)(15)) is amended—
(1)
by redesignating clause (i) as subparagraph (A);
(2)
in subparagraph (A), as so redesignated, by striking  or  at the end;
(3)
by redesignating clause (ii) as subparagraph (B);
(4)
in subparagraph (B), as so redesignated, by striking the period at the end and inserting  ; and ; and
(5)
by adding at the end the following:
(C)
with respect to an issuer, any individual that has attested to the issuer that the individual understands the risks of investment in private issuers, using such form as the Commission shall establish, by rule, but which form may not be longer than 2 pages in length.
 .
(b)
Rulemaking
Not later than the end of the 1-year period beginning on the date of enactment of this Act, the Securities and Exchange Commission shall issue rules to carry out the amendments made by subsection (a), including establishing the form required under such amendments.

Tracker

The tracker indicates the progress of this legislation as it moves through the legislative process.

CRS Summary

The summaries are the Congressional Research Service’s, one per stage. Read them in full.

Sponsors

Rep. Warren Davidson (R) sponsors H.R. 145 alone.

Warren Davidson

Rep. · R–OH-8 · Sponsor

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Committees

H.R. 145 went before 1 committee: Financial Services.

Financial Services

Financial Services

Referred To · Jan 3, 2025 · 559 Bills

Actions

H.R. 145 has taken 2 actions since Jan 3, 2025.

Votes

H.R. 145 has not gone to a roll call.

Titles

H.R. 145 goes by 3 titles, 1 of them short titles.

• Risk Disclosure and Investor Attestation Act — Display Title
• Risk Disclosure and Investor Attestation Act — Short Title(s) as Introduced
• To amend the Securities Act of 1933 to permit an individual to invest in private issuers upon acknowledging the investment risks, and for other purposes. — Official Title as Introduced

Lobbying

1 client hired 1 firm and 95 registered lobbyists who named H.R. 145 in 3 quarterly filings, 2025. Reported under the Lobbying Disclosure Act; a filing’s income covers everything its registrant worked that quarter, so the amounts below are the filings’, not this bill’s.

Filed under Aerospace, Automotive Industry, Aviation/Airlines/Airports, Banking, Budget/Appropriations, Civil Rights/Civil Liberties, Copyright/Patent/Trademark, Defense.

Clients

Who paid to be heard, by how many filings named the bill.

Firms

Registrants who filed on the bill, by filings.

Lobbyists

Named on the filings that cite the bill. The 20 named most often, of 95.

Filings

The documents themselves, on the Senate’s Lobbying Disclosure site, largest reported first.

Classification

The Congressional Research Service files H.R. 145 under Finance and Financial Sector, one of its 31 policy areas, and gives it 3 legislative subjects.

CRS Subjects

CRS assigns every bill one policy area from its 31; H.R. 145’s is Finance and Financial Sector.

Legislative Subjects

H.R. 145 carries 3 of CRS’s legislative subjects, from Business investment and capital to Securities.

Source: congress.gov · legiscan.com