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Easier Investment for Venture Capital in Emerging Companies

This act aims to make it easier for investment funds to support young, developing companies. The changes could lead to more money flowing into innovative businesses, potentially creating new jobs and economic growth opportunities. For citizens, this indirectly means greater dynamism in the job market and access to new products or services.
Key points
Simplifies rules for venture capital funds to invest in young companies, including through secondary market acquisitions.
Requires most venture capital fund investments to be directly from companies, aiming to protect investors.
article Official text account_balance Process page
Expired
Citizen Poll
No votes cast
Additional Information
Print number: 117_HR_4227
Sponsor: Rep. Hollingsworth, Trey [R-IN-9]
Process start date: 2021-06-29
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Summarized by: gemini-2.5-flash-preview-05-20
Source data: api.congress.gov
AI work logs for this document launch

OFFICIAL LEGAL TITLE

Developing and Empowering our Aspiring Leaders Act of 2022

FREQUENTLY ASKED QUESTIONS

What is the official ID of this bill?

The official print number for this legislation is 117_HR_4227.

Which chamber initiated this legislation?

This legislation was initiated in the House of Representatives.

When did the legislative process begin?

The process officially started on 2021-06-29.

What are the main provisions?

Key points include:

  • Simplifies rules for venture capital funds to invest in young companies, including through secondary market acquisitions.
  • Requires most venture capital fund investments to be directly from companies, aiming to protect investors.
What is the specific legal status?

The current status is Expired.

Where can I read the full text of this legislation?

The full official text is available at: View full text

Who is the primary sponsor?

The primary sponsor is Rep. Hollingsworth, Trey [R-IN-9].

What is the latest detailed status?

The latest detailed status is: The title of the measure was amended. Agreed to without objection.

Is this summary verified?

Yes. This content was analyzed by AI and verified by the Lustra Judge System on 2025-12-28.

CATEGORIES

Economy