Home
Solutions
Products
Pricing
Resources
Request Demo
Start Free
Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo
StateStorm

Weekly Updates

LegiStorm is constantly adding new information on the people, places and reports in our database. In the past week, LegiStorm added:

  • 1412 new people
  • 50 new organizations
  • 1514 new photos
  • 1965 job history records for people in our database
  • 586 education records for people in our database
  • 3031 contact addresses, emails and URLs (LinkedIn, Facebook, etc.)
  • 5 new people through the revolving door
  • 257 new policy reports
  • 176 new trips to our privately funded travel database
  • 11857 new press releases
  • 19 new town halls
  • 6 new hearings

Caught Our Eye Rss

» More from Caught Our Eye
» More from our DevBlog

H.R. 2627, Increasing Investor Opportunities Act (CBO Report for Congress)

Premium   Download PDF Now (2 pages)
Congress 118th
Date Requested May 24, 2023
Requested By House Committee on Financial Services
Date Sent July 25, 2023
Description:
H.R. 2627 would allow a closed-end investment company, an entity that invests in securities using money raised in its initial public offering, to invest its assets in securities issued by private funds. The bill also would prohibit national securities exchanges from restricting closed-end investment companies that invest in private funds from trading securities. Using information about the cost of similar rulemakings at the Securities and Exchange Commission (SEC), CBO estimates that implementing H.R. 2627 would cost $1 million in 2024. That amount would support three employees, at an average annual cost of $300,000 per employee, to issue and amend rules in that year. However, because the SEC is authorized to collect fees each year to offset its annual appropriation, CBO expects that the net effect on discretionary spending over the 2024-2028 period would be negligible, assuming appropriation actions consistent with that authority.

« Return to search CBO reports

HomeAbout Us Contact UsPrivacy PolicyTerms of UseJoin Us
© LegiStorm
LegiStorm
2101 L St. NW, Suite 300
Washington, DC 20037
(202) 360-4172 / congress@legistorm.com