S. 2906: Expanding American Entrepreneurship Act

S. 2906 is a federal bill in the 119th Congress. Before this law, private investment funds with more than 250 investors or more than $10 million in investments were heavily regulated under the Investment Company Act of 1940. After this law takes effect, these funds can grow to include up to 500 investors… See its sponsors, how members voted, and a plain-English breakdown on PolityLens.