H.R. 2187Fair Investment Opportunities for Professional Experts Act

1 recorded action125 of these members are on the 2026 ballotWhat the measure does Read on Congress.gov

Sponsor: David Schweikert [R-AZ-06]
Cosponsors: 1 · 1 Democrat
Policy area: Finance and Financial Sector
Committees: Financial Services Committee, Banking, Housing, and Urban Affairs Committee
Latest action: Feb 2, 2016 · Received in the Senate and Read twice and referred to the Committee on Banking, Housing, and Urban Affairs.

IntroducedApr 30, 2015
Passed the HouseFeb 1, 2016
Passed the SenateNot yet reached
Sent to the PresidentNot yet reached
Became lawNot yet reached

What the measure doesCRS summary

Fair Investment Opportunities for Professional Experts Act

(Sec. 2) This bill amends the Securities Act of 1933 to add to the definition of accredited investor any natural person whose individual net worth, or joint net worth with his or her spouse, exceeds $1 million (adjusted every five years for inflation).

The person's net worth shall exclude:

the person's primary residence; and

as a liability any indebtedness secured by the primary residence, up to the estimated fair market value of the residence at the time of the sale of securities.

Indebtedness secured by the person's primary residence in excess of the residence's estimated fair market value at the time of the sale of securities, however, shall be included in net worth as a liability.

An accredited investor shall also include any natural person:

whose individual income exceeded $200,000 in each of the two most recent years, or whose joint income with spouse exceeded $300,000 in each of those years, and has a reasonable expectation of reaching the same income level in the current year;

currently licensed or registered as a broker or investment adviser by the Securities and Exchange Commission, the Financial Industry Regulatory Authority (FINRA) (or an equivalent self-regulatory organization), or a state division responsible for licensing or registration of individuals in connection with securities activities; or
whose demonstrable education or job experience qualifies as professional knowledge of a subject related to a particular investment, and whose education or job experience is verified by the FINRA or an equivalent self-regulatory organization.

Written by the nonpartisan Congressional Research Service, describing H.R. 2187 as passed House amended on Feb 1, 2016. It is not the text of the measure; a later amendment may have changed what it does.

How every member votedHouse roll call 46

House Feb 1, 2016

On Motion to Suspend the Rules and Pass, as Amended

Fair Investment Opportunities for Professional Experts Act

Passed · Two-thirds required

347 Yea 8 Nay 78 not voting

Crossed both parties 8 of 355 voting members broke with their own party: 7 Democrats, 1 Republican.

Open the official roll call

How the chamber split

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DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present

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All members433 members

Democratic188 members

Republican245 members

marks half of the votes cast. A party’s majority is the side most of its voting members took.

Cosponsors1 · 1 Democrat

Signing on is not a vote: a member can cosponsor H.R. 2187 and vote against it. 0 signed when it was filed.

DKyrsten Sinema [D-AZ-09]Joined Dec 10, 2015

Loading the public record

Who lobbied on H.R. 218713 organizations

Organizations that named H.R. 2187 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.

INSTITUTE FOR PORTFOLIO ALTERNATIVES FORMERLY INVESTMENT PROGRAM ASSOCIATIONfiled by ERIS GROUP

Taxation/Internal Revenue Code · Financial Institutions/Investments/Securities · Labor Issues/Antitrust/Workplace7 filings · 4th Quarter (Oct 1 - Dec 31) 2016Filing

BROADMARK CAPITAL LLCfiled by ERIS GROUP

Financial Institutions/Investments/Securities5 filings · 4th Quarter (Oct 1 - Dec 31) 2016Filing

ANGEL CAPITAL ASSOCIATIONfiled by ERIS GROUP

Financial Institutions/Investments/Securities · Taxation/Internal Revenue Code4 filings · 4th Quarter (Oct 1 - Dec 31) 2016Filing

CHAMBER OF COMMERCE OF THE U.S.A.

Communications/Broadcasting/Radio/TV · Real Estate/Land Use/Conservation · Trade (domestic/foreign) · Agriculture +37 more4 filings · 1st Quarter (Jan 1 - Mar 31) 2016Filing

INVESTMENT COMPANY INSTITUTEIts PAC: Investment Co. Institute PAC

Taxation/Internal Revenue Code · Budget/Appropriations · Bankruptcy · Financial Institutions/Investments/Securities +4 more4 filings · 2nd Quarter (Apr 1 - June 30) 2016Filing

COMMUNITY COLLEGE OF ALLEGHENY COUNTY (CCAC)filed by WHITMER & WORRALL, LLC

Budget/Appropriations · Education · Labor Issues/Antitrust/Workplace3 filings · 4th Quarter (Oct 1 - Dec 31) 2015Filing

MERCEDES-BENZ USA (FKA DAIMLER/MERCEDES-BENZ USAfiled by MERCEDES-BENZ USA (FKA DAIMLER/MERCEDES-BENZ USA)

Trade (domestic/foreign) · Banking · Budget/Appropriations · Environment/Superfund +5 more3 filings · 2nd Quarter (Apr 1 - June 30) 2016Filing

NATIONAL SMALL BUSINESS ASSOCIATIONIts PAC: National Small Business United PAC

Small Business3 filings · 3rd Quarter (July 1 - Sep 30) 2016Filing

BIOTECHNOLOGY INNOVATION ORGANIZATIONIts PAC: Biotechnology Innovation Organization PAC

Medicare/Medicaid · Consumer Issues/Safety/Products · Animals · Health Issues +13 more2 filings · 4th Quarter (Oct 1 - Dec 31) 2016Filing

FRANKLIN SQUARE HOLDINGS, L.P.filed by RICH FEUER ANDERSON

Financial Institutions/Investments/Securities · Small Business2 filings · 3rd Quarter (July 1 - Sep 30) 2015Filing

42 disclosures name this measure. Retrieved from LDA.gov on 2026-10-05. Senate Office of Public Records cannot vouch for the data or analyses derived from these data after the data have been retrieved from LDA.gov.