Accredited Investor Self-Certification Act This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. Certain unregistered securities may only be offered to accredited investors. Specifically, the bill allows an individual to qualify by certifying to the issuer of securities that the individual understands the risks of investment in private issuers. Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience.
Rep. Byron Donalds
Sponsored bills
Equal Opportunity for All Investors Act of 2021 This bill expands who may be considered an accredited investor for purposes of participating in private offerings of securities. Certain unregistered securities may only be offered to accredited investors. Specifically, the bill allows an individual to qualify through an examination established by the Securities and Exchange Commission. The examination must ensure that to be designated as an accredited investor, an individual understands and appreciates the risks of investing in private companies; must be designed to ensure that an individual with financial sophistication or training would be unlikely to fail; and may be administered by a registered national securities association. Currently, accredited investors must satisfy certain requirements indicating their reduced exposure to financial risk, including those related to income, net worth, or knowledge and experience.
This resolution supports the designation of Kobe Bryant Day.
Robert Cleckler Bowden Congressional Gold Medal Act This bill provides for the presentation of a Congressional Gold Medal to Robert Bowden, in recognition of his achievements both on and off the football field.
This resolution denounces socialism and opposes the implementation of socialist policies in the United States.
Entrepreneurs Need Timely Replenishment (for) Eating Establishments Act or the ENTRÉE Act This bill provides FY2021 supplemental appropriations for the Restaurant Revitalization Fund and modifies requirements related to administration of the fund. The fund was established in response to COVID-19 to make grants to eligible food and beverage purveyors for covering specified costs such as payroll, operational expenses, and paid sick leave. The bill correspondingly rescinds unobligated amounts previously made available for the Economic Injury Disaster Loan Program and coronavirus state and local fiscal recovery funds. Further, the bill requires the Small Business Administration (SBA) to (1) review and process grant applications in the order in which they are received; (2) impose requirements on applicants that reduce waste, fraud, and abuse; and (3) submit and report monthly on an oversight and audit plan outlining the SBA's policies, procedures, and activities with respect to these grants.
Unfair or Deceptive Acts or Practices Uniformity Act This bill eliminates the authority of the Consumer Financial Protection Bureau to take action against a person or service provider for an abusive act or practice in connection with a consumer financial product or service. Additionally, the bureau is prohibited from taking action against an unfair or deceptive act unless the bureau first consults with the primary financial regulatory agency of the person or service provider. Finally, any rulemaking made by the bureau regarding an unfair or deceptive act must comply with certain Federal Trade Commission rulemaking requirements.
This resolution recognizes and expresses support for the efforts of democracy and human rights activists in Cuba.
This resolution recognizes and expresses support for the efforts of democracy and human rights activists in Cuba.
Uranium Seawater Extraction Research and Development Act This bill requires the Department of Energy (DOE) to support research and development of technology for the extraction of uranium from seawater. In addition, DOE must conduct demonstrations of such technology in order to further performance enhancement and reduce costs.