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Expanding Investment in Small Businesses Act of 2019
This bill directs the Securities and Exchange Commission to report on (1) the limitiation on shares of an individual company that a diversified investment company may own, and (2) the limitation's impact on capital formation.
Written by the nonpartisan Congressional Research Service, describing H.R. 3050 as passed House on Jul 9, 2019. It is not the text of the measure; a later amendment may have changed what it does.
House Jul 9, 2019
Expanding Investment in Small Businesses Act
Passed · Two-thirds required
417 Yea 2 Nay 13 not voting
Crossed both parties 2 of 419 voting members broke with their own party: 1 Democrat, 1 Republican.
DemocratsRepublicansFilled: YeaRing: NayGrey: not voting or present
432 members on this roll call, from the official House record. Party majorities need at least five voting members, so an independent never counts as breaking with a party.
Signing on is not a vote: a member can cosponsor H.R. 3050 and vote against it. 0 signed when it was filed.
Organizations that named H.R. 3050 in a lobbying disclosure. Only those that cited the bill by number appear, so this is a floor, not a full list.
19 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.