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S. 2906

U.S. Senate•In Senate Committee

Summary

S. 2906, the Expanding American Entrepreneurship Act, was introduced in the Senate on Sep 18, 2025 by Sen. Jerry Moran (R) with 3 co-sponsors. It was referred to Banking, Housing, And Urban Affairs, and last saw action on Sep 18, 2025: Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

Record

Text

S. 2906 has 3 co-sponsors.

sb2906/introduced-in-senate.txt
119 S2906 IS: Expanding American Entrepreneurship Act
 U.S. Senate
 2025-09-18
 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.
  II
  119th CONGRESS
  1st Session
  S. 2906
  IN THE SENATE OF THE UNITED STATES
  September 18 (legislative day,
  September 16), 2025
  Mr. Moran  (for himself,  Mr. Warner ,  Mr. Scott of
  South Carolina , and  Mr.
  Gallego ) introduced the following bill; which was read twice and
  referred to the  Committee on Banking, Housing,
  and Urban Affairs
  A BILL
To amend the Investment Company Act of 1940 to address entities that are not
  considered to be investment companies for the purposes of that Act, and for other
  purposes.
1.
Short title
This Act may be cited as the   Expanding American Entrepreneurship Act  .
2.
Investment companies
Section 3(c)(1) of the Investment Company Act of 1940 ( 15 U.S.C. 80a–3(c)(1) ) is amended—
(1)
in the matter preceding subparagraph (A), in the first sentence, by striking  250 persons  and inserting  500 persons ; and
(2)
in subparagraph (C)(i), by striking  $10,000,000  and inserting  $50,000,000 .

Tracker

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

  1. Introduced2025-09-18
  2. Passed Senate
  3. Passed House
  4. Conference
  5. To President
  6. Became Law

A bill to amend the Investment Company Act of 1940 to address entities that are not considered to be investment companies for the purposes of that Act, and for other purposes.

Sponsors

Sen. Jerry Moran (R) sponsors S. 2906, and 3 members have co-sponsored it, all of them from the day it was introduced.

Committees

S. 2906 went before 1 committee: Banking, Housing, and Urban Affairs.

Banking, Housing, and Urban Affairs
Banking, Housing, and Urban Affairs
Referred To · Sep 18, 2025 · 465 Bills

Actions

S. 2906 has taken 2 actions since Sep 18, 2025.

ChamberAction
Sep 18, 2025
Senate
Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.Banking, Housing, and Urban Affairs Committee
Sep 18, 2025
—
Introduced in Senate

Votes

S. 2906 has not gone to a roll call.

Titles

S. 2906 goes by 3 titles, 1 of them short titles.

  • Expanding American Entrepreneurship Act — Display Title
  • Expanding American Entrepreneurship Act — Short Title(s) as Introduced
  • A bill to amend the Investment Company Act of 1940 to address entities that are not considered to be investment companies for the purposes of that Act, and for other purposes. — Official Title as Introduced

Classification

The Congressional Research Service files S. 2906 under Finance and Financial Sector, one of its 31 policy areas.

CRS Subjects

CRS assigns every bill one policy area from its 31; S. 2906’s is Finance and Financial Sector.

s2906/policy-areas.txt
Finance and Financial SectorAgriculture and FoodAnimalsArmed Forces and National SecurityArts, Culture, ReligionCivil Rights and Liberties, Minority IssuesCommerceCongressCrime and Law EnforcementEconomics and Public FinanceEducationEmergency ManagementEnergyEnvironmental ProtectionFamiliesForeign Trade and International FinanceGovernment Operations and PoliticsHealthHousing and Community DevelopmentImmigrationInternational AffairsLabor and EmploymentLawNative AmericansPublic Lands and Natural ResourcesScience, Technology, CommunicationsSocial WelfareSports and RecreationTaxationTransportation and Public WorksWater Resources Development

Source: congress.gov · legiscan.com