H.R. 4431
Expands which venture funds skip certain rules
Raises the owner and money limits for venture capital funds that are exempt from some investment company rules, letting bigger funds qualify.
- Owner limit would rise from 250 people to 2,000 people
- Capital limit would rise from $10 million to $150 million
- Funds meeting the new limits could skip certain filings, audits and investor communication rules
Passed the House · Senate's turn